Ethereum Classic is one of the underperformers in the crypto market today trading 5.70% lower. There is a support level coming up on the daily chart that could break if the bears stay in charge. Ethereum Classis is on the verge of breaking the base formation to the downside. 4.400 has been a major level on the daily chart for the past few weeks. Since June ETC/USD has lost over 50% since June and it seems the pain might not be over just yet. The main low on the Coinbase exchange is 3.210 and we are not quite that low but if this level breaks we are on the way. There is another support level between the two at 3.630. It may not be as strong but it could provide some relief. The relative strength index (RSI) indicator is showing signs on a momentum slowdown but if the higher low breaks it would be another bearish signal. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next AUD/USD technical analysis: Aussie trading at two-day lows near 0.6750 level FX Street 4 years Ethereum Classic is one of the underperformers in the crypto market today trading 5.70% lower. There is a support level coming up on the daily chart that could break if the bears stay in charge. Ethereum Classis is on the verge of breaking the base formation to the downside. 4.400 has been a major level on the daily chart for the past few weeks. Since June ETC/USD has lost over 50% since June and it seems the pain might not be over just yet. The main low on the Coinbase exchange is 3.210 and we are not quite that… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
