Ethereum Classic stirs up action towards $5 posting over a 2% increase in value. The technical picture is strongly positive as observed with he up trending RSI and MACD. Ethereum Classic is all over a sudden breaking away from the rest of the top 30 cryptocurrencies. The digital asset has sprung up recording a 2% increase in value at the beginning of the European session. The crypto market has mixed red and red signals, however, it is likely that the bulls will carry the day. The 22nd largest cryptocurrency has a market capitalization of $498 million and a 24-hour trading volume of 13.69 million. It is teetering at $4.65 after reversing from the downtrend that hit a low of $4.46 on Tuesday. The price is, however, grinding into the resistance offered by the 100 Simple Moving Average (SMA) on the one-hour chart at $4.7. Also in line to prevent upward movement is the 100 SMA and the descending trendline resistance. The Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) trends show that the bulls have the upper hand. If the technical picture stays intact, ETC/USD could continue to stir up action towards $5.0. ETC/USD one-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 Turkey’s Erdogan rejects the US ceasefire call – BBC FX Street 4 years Ethereum Classic stirs up action towards $5 posting over a 2% increase in value. The technical picture is strongly positive as observed with he up trending RSI and MACD. Ethereum Classic is all over a sudden breaking away from the rest of the top 30 cryptocurrencies. The digital asset has sprung up recording a 2% increase in value at the beginning of the European session. The crypto market has mixed red and red signals, however, it is likely that the bulls will carry the day. The 22nd largest cryptocurrency has a market capitalization of $498 million and a 24-hour trading… 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.
