A break above the critical resistance could test the upper long-term supply area at $21.00. The majority of Ethereum Classic trading takes place on OKEx exchange. While most of the cryptocurrencies are trimming the weekend gains, Ethereum Classic is extending gains on Monday. ETC/USD is correcting higher and the chart shows a 1.3% rise on the day. The price has been recording higher lows and higher highs since mid-June. Besides, it is testing the critical resistance at $19.00 – $20.00. The gains are also capped by the 50% Fib retracement level with the last swing high of $25.31 and a low of $12.28 slightly below $19.00. However, the sellers are fighting to take back control but the buyers are pushing with their eyes glued to trading above $20.00. Ethereum Classic is immediately supported at $18.00, although it is exchanging hands at $18.4 at the time of pressure. The bullish momentum is still present, for instance, the stochastic RSI is at 50% while it is advancing upwards, which means buying power is available. ETC/USD is trading above both the 50 SMA and the 100 SMA. The gap between them is widening to show that the Bears are seeking an entry above $18.00. A break above the critical resistance could test the upper long-term supply area at $21.00, which could culminate into another surge towards $25.00. Ethereum Classic is ranked the 15th digital asset in the market. It has a market capitalization of $1.9 billion while the trading volume stands at $244,575,000 in the last 24 hours. The majority of Ethereum Classic trading takes place on OKEx exchange which controls 14.78% and 13.37% of all total volume in ETC/USDT and ETC/BTC trading pairs respectively. ETC/USD 4-hour chart 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 US: June headline CPI to rise by 0.2% – Nomura FX Street 4 years A break above the critical resistance could test the upper long-term supply area at $21.00. The majority of Ethereum Classic trading takes place on OKEx exchange. While most of the cryptocurrencies are trimming the weekend gains, Ethereum Classic is extending gains on Monday. ETC/USD is correcting higher and the chart shows a 1.3% rise on the day. The price has been recording higher lows and higher highs since mid-June. Besides, it is testing the critical resistance at $19.00 - $20.00. The gains are also capped by the 50% Fib retracement level with the last swing high of $25.31 and a… Top 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.