After a choppy session, Ethereum Classic trades 4% lower on Friday. The pair broke lower but found support at the intraday trendline. ETC/USD 30-minute chart Ethereum Classic has had a very choppy session on Friday. at 8am London time the price hit a high of 5.53 but could not keep hold of the gains above 5.50. Then the sellers came in and dragged the price down to 4.42 at 8.30pm London time. Since then the buyers have brought the price back up above the black trendline but once again 5.00 was a step too far. The MACD histogram is below the zero line, along with the signal lines. The price is also under the moving average (55 SMA) which is another bearish sign. Interestingly, something about the chart still looks bullish. The market has made a lower high and lower low wave but the base still looks strong and may hold. The key resistance is still 5.50 while support is holding at 4.47 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 Italian bank to start a Bitcoin trading service amid COVID-19 outbreak FX Street 2 years After a choppy session, Ethereum Classic trades 4% lower on Friday. The pair broke lower but found support at the intraday trendline. ETC/USD 30-minute chart Ethereum Classic has had a very choppy session on Friday. at 8am London time the price hit a high of 5.53 but could not keep hold of the gains above 5.50. Then the sellers came in and dragged the price down to 4.42 at 8.30pm London time. Since then the buyers have brought the price back up above the black trendline but once again 5.00 was a step too far. The MACD histogram is below… 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.
