Ethereum Classic trades over 1% lower as the Monday sell of hits all the majors. The price found some support ahead of the psychological 5.00 level. ETC/USD 1-hour chart Ethereum Classic is looking pretty bearish but some buying pressure has just kicked in. The price has broken above the 55 hourly exponential moving average after only breaking below it earlier in the session. The RSI indicator has also just moved back above the 50 mid-line which could just be a short term pullback. Interestingly, the volume is looking subdued which insinuates there is not much backing for some of the more recent moves. The market has also been making lower high and lower low waves so until that changes it’s hard to be bullish. The red support zone is now the key level to watch as if it breaks it could give more clues to the future path of Ethereum classic. Additional levels 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 Ripple Price Analysis: Bears eke out a win as XRP/USD forms bearish dragonfly doji FX Street 2 years Ethereum Classic trades over 1% lower as the Monday sell of hits all the majors. The price found some support ahead of the psychological 5.00 level. ETC/USD 1-hour chart Ethereum Classic is looking pretty bearish but some buying pressure has just kicked in. The price has broken above the 55 hourly exponential moving average after only breaking below it earlier in the session. The RSI indicator has also just moved back above the 50 mid-line which could just be a short term pullback. Interestingly, the volume is looking subdued which insinuates there is not much backing for some of the… 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.
