Ethereum Classic

Ethereum Name Service

Date:&nbsp;Tue, March 25, 2025 | 08:10 AM GMTThe cryptocurrency market is showing strong signs of a rebound as Bitcoin (BTC) and Ethereum (ETH) both surged by 4% and 8% over the past seven days. This has provided much-needed relief to <a href="https://coinsprobe.com/cronos-cro-surges-after-truth-social-partnership-historical-pattern-hints-at-a-massive-rally/" rel="noopener noreferrer nofollow">altcoins </a>that suffered sharp corrections following the late 2024 rallies.As sentiment gradually improves, tokens like Ethereum Classic (ETC) and Ethereum Name Service (ENS) are beginning to stir after a facing sharp correction over the past 90 days.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/c8a017a7869e46ddafc023c15ad48109.png">Source: Coinmarketcap<h3 id="ethereum-classic-etc-breaks-out-of-falling-wedge">Ethereum Classic (ETC) Breaks Out of Falling Wedge</h3>ETC has decisively broken out of a falling wedge pattern, a bullish technical formation that typically signals a trend reversal. After weeks of consolidation, the token surged past the upper trendline of the wedge around $17.71, confirming renewed buying interest.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/e9e235a540994ff58a93792cce57f12d.png">ETC Daily Chart/Coinsprobe (Source: Tradingview)Following this breakout, ETC has climbed to $18.24, and if it maintains this bullish momentum, the next key resistance levels lie at the 50-day moving average and the $21.90 price zone. A strong push above these levels could open the doors for a rally toward the $29.00 region, representing a potential 58% upside from current levels.<h3 id="ens-gearing-up-for-a-potential-breakout">ENS Gearing Up for a Potential Breakout</h3>ENS has followed a similar structure to ETC, trading inside a falling wedge since reaching its all-time high of $50.50 on January 16. The token recently bounced off its lower trendline support at $15.14 and is now trading at $17.76, approaching a critical breakout zone.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/4b9f97e5b9ab44d89aed5d7a54378dda.png">ENS Daily Chart/Coinsprobe (Source: Tradingview)A confirmed breakout and successful retest of the wedge’s upper boundary could drive ENS towards its 50-day moving average and the $24.59 resistance zone. A sustained rally from there could lead to a push toward the $29.00 level and the 100-day moving average, marking a potential 64% upside from current levels.<h3 id="final-thoughts">Final Thoughts</h3>ETC’s breakout has set the stage for further upside, while ENS remains at a crucial decision point. If ENS follows ETC’s trajectory, traders could witness a strong bullish move in the coming days.As always, market participants should closely monitor price action, volume confirmation, and key resistance levels before making investment decisions.Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.Also Read: <a href="https://coinsprobe.com/story-ip-gains-momentum-following-key-breakout-could-this-propel-it-to-a-new-ath/" rel="noopener noreferrer nofollow">Story (IP) Gains Momentum Following Key Breakout – Could This Propel It to a New ATH?</a>

ETC Eyes Recovery with Key Breakout – Is ENS Setting Up for a Similar Move?

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