• The Ethereum Classic price prediction shows that ETC moves to the upside if it closes above the $20 price mark.
• Ethereum Classic (ETC) is heading towards the 9-day and 21-day moving averages, which could hit the nearest resistance level of $17.
• If Ethereum Classic price crosses above the 9-day and 21-day moving averages, it could touch the resistance levels at $24, $26, and $28 respectively.
The Ethereum Classic price prediction shows that the crypto market is in an uptrend as any close above the $20 price mark is expected. Ethereum Classic (ETC) is currently trading at $16.48 after recording an intraday high at $16.75 during the European session today. Looking at the daily chart, Ethereum Classic is heading towards the 9-day and 21-day moving averages, which could hit the nearest resistance level of $17.
If Ethereum Classic price crosses above the 9-day and 21-day moving averages, it could touch the resistance levels at $24, $26, and $28 respectively. Furthermore, Ethereum Classic has a market cap of $2.2 billion, a circulating supply of 138.4 million coins, and a total supply of 210.7 million coins. Ethereum Classic is currently ranked #25 on Coinmarketcap.
On the other hand, if the market price decides to turn to the south, there could be a bearish move towards the lower boundary and the Ethereum Classic price could dip to the support levels of $10, $8, and $6. In addition, investors and traders should keep an eye on the key levels as they may have an impact on the Ethereum Classic price movement.
Overall, the Ethereum Classic price is expected to continue to move to the upside as long as it remains above the $20 price mark. Therefore, investors and traders should keep an eye on the key levels and make sure to take advantage of the price movements for maximum profits.