Ethereum Classic is the darling of the crypto market ETC/USD is up over 13% over the last two sessions Could 7.50 be a barrier for a move higher Ethereum Classic is really benefitting from the Ethereum hard fork which is scheduled to be enacted in just over a months time. Today priced bounced off the 5.5000 level and pushed with some force toward the next resistance at 7.5000. This level has been used to great effect five times over the life span of the 4-hour chart above. Both indicators (MACD/Stochastic) turned sharply higher 35K contracts exchanged hands within the last 48 hours. The social media bulls have touted a rally to 10k but this must be taken with a pinch of salt. 10,000 is a key level on the weekly chart as the last rally was halted at the psychological level. The market cap of the coin has risen dramatically in the last 24 hours to reach USD 114 thousand. At the moment the psychological 7.000 resistance is holding up further gains. 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 EUR/GBP drops sharply to 0.9025, 3-week low as Pound jumps on Merkel’s comments. FX Street 4 years Ethereum Classic is the darling of the crypto market ETC/USD is up over 13% over the last two sessions Could 7.50 be a barrier for a move higher Ethereum Classic is really benefitting from the Ethereum hard fork which is scheduled to be enacted in just over a months time. Today priced bounced off the 5.5000 level and pushed with some force toward the next resistance at 7.5000. This level has been used to great effect five times over the life span of the 4-hour chart above. Both indicators (MACD/Stochastic) turned sharply higher 35K contracts exchanged hands within… 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.
