Ethereum Classic bullish action catapults it above $7.0 even as other cryptos record low trading activity. Most technical indicators remain strongly positive but the RSI hints a possible reversal. Ethereum Classic is throwing jabs at the barriers ahead of it and does not need any assistance from the other cryptocurrencies. While Bitcoin is beginning to consolidate above $10,500, ETC is shaking the ground above $7.0. After opening the session on Thursday at $6.7955, ETC corrected to an intraday high at $7.21. Although a minor correction is pulling the crypto below $7.2, the bulls are keen to hold onto to the 5.27% gains on the day. ETC/USD 1-hour chart Ethereum is holding ground above the simple moving averages; 50 SMA currently at $6.83 and 100 SMA currently at $6.64. Technical indicators are intact for another assault at $7.2. The Moving Average Convergence Divergence (MACD) bullish divergence in the positive region signals a stronger uptrend. The Elliot Wave Oscillator displays a continued bullish session. On the other hand, the Relative Strength Index (RSI) oversold levels suggests an incoming reversal. 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 Germany: Another disappointing industrial data – ING FX Street 4 years Ethereum Classic bullish action catapults it above $7.0 even as other cryptos record low trading activity. Most technical indicators remain strongly positive but the RSI hints a possible reversal. Ethereum Classic is throwing jabs at the barriers ahead of it and does not need any assistance from the other cryptocurrencies. While Bitcoin is beginning to consolidate above $10,500, ETC is shaking the ground above $7.0. After opening the session on Thursday at $6.7955, ETC corrected to an intraday high at $7.21. Although a minor correction is pulling the crypto below $7.2, the bulls are keen to hold onto to 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.
