This crucial level will determine whether Ethereum Classic price can resume its uptrend

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  • Ethereum Classic price seems to be range-bound.
  • While its correlation with Bitcoin dries up, ETC awaits a spike in volume.
  • Only a daily candlestick close above the 50-day MA will help this crypto rise.

Ethereum Classic price seems to be consolidating within a tight range without providing any clear signals of where it is heading next.

Ethereum Classic price sits in limbo

In the following video, FXStreet’s analysts evaluate where Ethereum Classic price could be heading next as ETC consolidates.

 

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