- Ethereum Classic is trading over 7% higher as crypto sentiment turns positive.
- The price has bounced off the 55 daily EMA and pushed higher.
ETC/USD Daily Chart
Ethereum Classic has pushed higher today after geopolitical concerns led a flight into crypto assets.
The ETC/USD price has bounced off the 55 daily EMA and pushed higher.
The next resistance level is at 4.84 and if the price takes out that level it will make a new wave high.
Beyond that, the bulls have the 5.00 psychological level and 5.28 resistance to worry about.
On the downside, any break back below 4.00 would cause concern.