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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/ethereum-classic-price-sees-notable-increase/" data-wpel-link="internal">Ethereum Classic Price Sees Notable Increase</a><br></p>
<p style="text-align: justify"><strong><a href="https://coin-turk.com/ethereum-eth-merge-nedir-iste-tum-detaylar" data-wpel-link="internal">Ethereum</a> Classic (ETC)</strong> price has recorded a 5% increase over a 24-hour chart. Currently, <a href="https://en.coin-turk.com/ethereum-eth-rises-as-market-direction-shifts/" data-wpel-link="internal">Ethereum</a> Classic is trading at a price level of $36.41. This upward trend could indicate a bullish sentiment emerging in the Ethereum Classic market.</p> 
<h2 id="etc-s-trading-volume-increases">ETC’s Trading Volume Increases</h2> 
<p style="text-align: justify">Ethereum Classic’s trading volume has experienced a strong increase, surging by over 196% within the same time frame to reach $1.7 billion. This spike in trading activity could signal growing interest from the cryptocurrency trading community. Additionally, Ethereum Classic has reached a significant milestone with a live market capitalization of $5.17 billion. For the first time since September 2022, Ethereum Classic’s price has crossed the $35 threshold, attracting the attention of traders and investors. The currency has witnessed a significant uptrend following a recent bullish trend, gaining over 45% last month and over 28% last week.</p> 
<p style="text-align: justify">Market momentum for Ethereum Classic accelerated after fluctuating within a higher trend band between $30 and $37 for about a week. This movement resulted in the breaching of the resistance level. The optimism in the market is also reflected in the broader cryptocurrency landscape, with <a href="https://en.coin-turk.com/wisdomtree-and-vaneck-etfs-listed-at-dtcc-amidst-sec-decision-anticipation/" data-wpel-link="internal">Bitcoin</a> surpassing $64,000 and Ethereum exceeding $3,400. If the current bullish momentum continues, Ethereum Classic’s (ETC) price could soon surpass the $40 level.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-323576 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/etc.webp" alt="" width="1200" height="542"></p> 
<h2 id="etc-price-prediction">ETC Price Prediction</h2> 
<p style="text-align: justify">The mentioned progress could pave the way for a rise towards the $50 resistance area. This upward trend could even test the $60 resistance barrier if it continues. On the other hand, a negative shift in market sentiment could push ETC back to the $30 support zone. Should the situation worsen for the altcoin, a further drop to $20 is possible. Technical analysis of daily trading charts presents a positive outlook for ETC’s short-term trajectory.</p> 
<p style="text-align: justify">Experts suggest that the moving average convergence divergence (MACD) indicator is showing promising signs and crossing the signal line could indicate a significant bullish signal, marking a good time to buy. The market’s buying strength is further highlighted by the relative strength index (RSI) climbing above 70, indicating a stronger buying momentum compared to selling pressure. Additionally, the rising Awesome Oscillator reinforces the positive sentiment in the market.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/ethereum-classic-price-sees-notable-increase/" data-wpel-link="internal">Ethereum Classic Price Sees Notable Increase</a></h5>

Ethereum Classic Price Sees Notable Increase

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