Ethereum

Resistance

Ethereum Classic

Time

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Ethereum Classic price prediction suggests ETC crypto may continue the recovery in the coming months.</a> </li> 
 <li> <span>2</span> <a>ETC price defends the $14.00 support and regains the $15.00 mark.</a> </li> 
 <li> <span>3</span> <a>Ethereum Classic price is trading near its long-term demand zone.&nbsp;</a> </li> 
</ul> 
<p>Ethereum Classic price prediction remains bullish till ETC crypto holds the $14.00 support. It suggests that the recovery in the ETC price may continue in the coming months.&nbsp;</p> 
<p>ETC price is trading below the 200-day and 50-day EMA denotes a downtrend. However, the EMAs are sloping sideways so prices are likely to consolidate before deciding the direction.&nbsp;</p> 
<p>In the middle of August, the Ethereum Classic crypto price broke the $18.00 support. It triggered a negative sentiment and the ETC price fell 23% in just 3 trading sessions.&nbsp;</p> 
<p>However, the recent downfall is due to the sell-off in the overall crypto market. So a downside in ETC looks limited and a bounce back is possible.&nbsp;</p> 
<p>At the beginning of June, the sellers of Ethereum Classic tried to drag the prices below $14.00. But luckily they failed and prices took a U-turn. It showcases that buyers are active near $14.00 and acting as a demand zone for the bulls.&nbsp;</p> 
<p>Ethereum Classic price is trading at $15.87 with an intraday rise of 0.06%. The 24-hour volume to market cap is 2.35%.</p> 
<h2 class="wp-block-heading" id="strong-is-ethereum-classic-price-cheap-at-current-levels-strong"><strong>Is Ethereum Classic Price Cheap at Current Levels?</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh4.googleusercontent.com/xvzCxn-RG3-VfRd05jjHOXvXRYeFzjNvMPlej43DQkA0-0sVl0NlfUoFi1kWY3F-8C14fpTp9bWsn1byq3F0Pf2mrBA6pEYU-vq25ry0qBzEOTBhXz2FcYu7v8jkYMybtVg2UG8P5b_ntT19F4C7HA" alt="Ethereum Classic Price Prediction: ETC hold $14, No Need to Worry"> 
  <figcaption class="wp-element-caption">
    ETC/USDT daily chart by <a href="https://www.tradingview.com/x/ScVcTeio/" target="_blank" rel="noopener noreferrer nofollow">TradingView</a> 
  </figcaption> 
 </figure> 
</div> 
<p>Ethereum Classic price prediction favors the bulls but for the short term narrow range consolidation is possible. <a href="https://www.thecoinrepublic.com/2023/08/23/etc-price-forecast-2023-will-etc-price-keep-falling-or-rise/" target="_blank" rel="noopener noreferrer nofollow">ETC price</a> is in a recovery phase and buyers are trying to hold the $15.00 level.&nbsp;</p> 
<p>Till the ETC <a href="https://www.thecoinrepublic.com/2023/08/23/etc-price-forecast-2023-will-etc-price-keep-falling-or-rise/" target="_blank" rel="noopener noreferrer nofollow">crypto price</a> sustains above the $14.00 support the possibility of continuing the recovery remains high. However, the confidence of the buyers will be visible when prices climb above the 200-day EMA.&nbsp;</p> 
<p>On the other hand, if the situation gets worse and the Ethereum Classic price drops below $14.00. Then 10% more downside will open which will take the prices to $12.00.&nbsp;</p> 
<h3 class="wp-block-heading" id="strong-etc-price-analysis-on-weekly-time-frame-strong"><strong>ETC Price Analysis on Weekly Time Frame</strong></h3>  
<div class="tradingview-widget-container">
  &nbsp;&nbsp; 
 <div id="tradingview_bc12d"></div> &nbsp;&nbsp; 
 <div class="tradingview-widget-copyright"> <a href="https://www.tradingview.com/" rel="noopener noreferrer nofollow" target="_blank"><span class="blue-text">Track all markets on TradingView</span></a> 
 </div> &nbsp;&nbsp; 
 <script type="text/javascript" src="https://s3.tradingview.com/tv.js"></script> &nbsp;&nbsp; 
 <script type="text/javascript">

  new TradingView.widget(

  {

  "width": 950,

  "height": 500,

  "symbol": "BINANCE:ETCUSDT",

  "interval": "D",

  "timezone": "Etc/UTC",

  "theme": "dark",

  "style": "1",

  "locale": "en",

  "enable_publishing": true,

  "allow_symbol_change": true,

  "studies": [

    "STD;Supertrend"

  ],

  "container_id": "tradingview_bc12d"

}

  );

  </script> 
</div>  
<p>ETC Price fell 11% in the previous week and formed a bearish candle on a weekly time frame. However, in the current week buyers defended the previous low and formed a Doji.&nbsp;</p> 
<p>The MACD curve in ETC crypto is also reversing upward and might generate a positive crossover. It indicates bulls are active and took the recent sell-off as an opportunity to accumulate ETC.&nbsp;</p> 
<p>The RSI curve at 38 is recovering from the oversold territory and may reach the neutral zone soon.</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p>Ethereum Classic price prediction is bullish and suggests ETC price will continue the recovery. Buyers seemed to be active near $14 and took the sell-off as an opportunity to accumulate ETC crypto at cheap prices. Therefore, No need to worry, ETC is still good for long-term investment.&nbsp;</p> 
<h5 class="wp-block-heading"><strong>Technical levels</strong></h5> 
<ul> 
 <li>Resistance levels: $20.36 and $25.00</li> 
 <li>Support levels: $14.00 and $12.62</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.</p>

Ethereum Classic Price Prediction: ETC hold $14, No Need to Worry

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Thecoinrepublic.com

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