Should You Sell Ethereum Classic (ETC) Monday?

Ethereum Classic receives an average long-term technical score of 43 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity.

ETC currently holds a superior long-term technical analysis score than 43% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. coins with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to ‘buy the dip’.

InvestorsObserver is giving Ethereum Classic a 43 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Ethereum Classic!

Trading Analysis

ETC is currently -$5.9500000 (-17.99%) below its 100-day moving average price of $33.090000000 with its current price of $27.130000000. Meanwhile, Ethereum Classic is $5.3900000 (74.21%) above its 52-week low price of $21.740000000 and -$149.02000000 (9.73%) below its 52-week high of $176.160000000. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 43. Trends for the long-term trading history of Ethereum Classic suggest that traders are currently bearish on the coin.


Ethereum Classic has a total market value of $3,648,258,000.57 with an high average daily volume of $4,293,594,026.82 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, ETC’s volume is below its average with $453,471,168.84 exchanged in total.

Summary

Technical analysis of Ethereum Classic over the past year results in the crypto receiving a an average long-term technical score of 43 as its price movement in that time has given traders reason to be bearish on the coin in the long-term.

Click Here to get the full Report on Ethereum Classic (ETC).

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