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ETC / USD Long-term Trend: Bearish.
Resistance levels: $ 8, $ 10, $ 12
Support levels: $ 5, $ 3, $ 1.
The ETC price has an opening balance of $ 4.62 in the month of December and a closing price of $ 5.55. In the other words, the crypto's price has a 20% gain to its capitalization. From the chart, the crypto's price is in the bearish trend zone.
Nevertheless, the price of ETC is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The MACD line and the signal line are the zero line which indicates a sell signal. 20% range indicating that the ETC price is in bearish momentum and sell signal. The blue band of the stochastic is above the red band indicating that the current trend is reversing.Do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.
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