NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence

Ethereum Classic Price Technical Analysis 2017-07-21

Aayush Jindal
Aayush Jindal
7 years ago
2 mins read
Ethereum Classic Price Technical Analysis ETC USD

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Key Highlights

  • Ethereum classic price is holding gains nicely above $15.00 against the US Dollar and looking for more gains.
  • There is an ascending channel pattern with resistance near $17.10 forming on the hourly chart of ETC/USD (Data feed via Kraken).
  • The price is currently trading near a major resistance area at $16.50 and looking for a break.

Ethereum classic price is trading with a positive bias versus the US Dollar and Bitcoin, and ETC/USD has to clear $16.50-17.00 for more upsides.

Ethereum Classic Price Resistance

There were mostly positive gains in ETC price above $15.00 against the US Dollar. The price was mostly supported by the $15.00 and $14.00 support levels. As mentioned in the last analysis, a recovery wave from the $12.80 low gained momentum. There was a move above the 38.2% Fib retracement level of the last decline from the $19.65 high to $12.82 low. The price was even able to settle above the $15.50 level and the 100 hourly simple moving average.

However, there is a major hurdle near $16.50. The $16.50 level represents a major pivot area and must be breached for more gains. It also coincides with the 50% Fib retracement level of the last decline from the $19.65 high to $12.82 low. Moreover, there is an ascending channel pattern with resistance near $17.10 forming on the hourly chart of ETC/USD. So, we can say that the price faces a crucial test near $16.50-17.00. A break above it could open the doors for a move towards $20.00.

Ethereum Classic Price Technical Analysis ETC USD

On the downside, the $15.50 support and the 100 hourly simple moving average may continue to prevent declines. The channel support at $14.80 is also a good buy zone. As long as the price is above $14.80, it may break higher.

Hourly MACD – The MACD is mostly flat in the bullish zone.

Hourly RSI – The RSI is well above the 50 level.

Major Support Level – $14.80

Major Resistance Level – $16.50

 

Charts courtesy – Trading View, Kraken

Tweet123Share196ShareSend
Aayush Jindal
Aayush Jindal

Aayush Jindal

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.

Read more

From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.

In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.

Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.

Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.

At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.

In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.

Close

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Solana

Solana cena spet pri 170 USD – nova kriptovaluta Solaxy (SOLX) pritegnila vlagatelje

Solana cena (SOL) je v začetku maja ponovno presegla 170 ameriških dolarjev in tako utrdila svojo pozicijo ene najmočnejših blockchain...

amela 1 hour ago

4 legjobb altcoin, amit most érdemes megvenni: Solaxy, BTC Bull, Best Wallet Token és MIND Of Pepe

A Bitcoin bull run közepette a befektetők olyan feltörekvő altcoinokra figyelnek, mint a Solaxy, BTC Bull, Best Wallet és MIND...

News BTC 2 hours ago
Bitcoin

Bitcoin’s Grip Loosens: Market Expert Says Dominance Has Hit Its Ceiling

Raoul Pal, Real Vision founder and prominent trading name, stated on Wednesday that the dominance of Bitcoin may have topped...

Christian Encila 2 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

XRP

Crypto Analyst Says XRP Price Must Clear This Level Or Risk Crash To $1.9

Scott Matherson 13 minutes ago
4 Criptomonede Alternative de Top de Cumpărat Acum

4 Criptomonede Alternative de Top de Cumpărat Acum

newsbtc 36 minutes ago
Rumble to Launch Tether-Collab Crypto Wallet in Q3 2025. Here’s Why the Best Wallet Token Could Explode

Rumble to Launch Tether-Collab Crypto Wallet in Q3 2025. Here’s Why the Best Wallet Token Could Explode

Krishi Chowdhary 49 minutes ago

Premium Sponsors

Top Brands

Press Releases

  • HJB Miner: High-return AI mining, earning huge profits

    44 minutes ago
  • Gate.io Releases Latest Proof of Reserves Report: Total...

    50 minutes ago
  • From Zero to $100K: How Average XRP Investors Are Making...

    3 hours ago
  • Analysis of The Top 7 Cloud Mining Sites in 2025; Earn Over...

    4 hours ago
  • Launch Your Bitcoin Miner with Dogecoin (DOGE) and Make Up...

    5 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.