Ethereum Classic’s Cold Streak: Down 8 of the Past 10 Days

The Hourly View for Ethereum Classic

  • At the time of this writing, ETC’s price is up $1.04 (2.72%) from the hour prior.
  • This is a reversal of the price action on the previous hour, in which price moved down.
  • If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe.
  • Most noteworthy in the world of moving averages on the hourly chart is that the 50 hour moving average has been crossed, with price now being above it. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Ethereum Classic’s hourly price chart is shown below.

ETC

The Daily View for Ethereum Classic

  • At the time of this writing, ETC’s price is up $2.78 (7.61%) from the day prior.
  • It’s been a feast for bears operating on the daily timeframe, as Ethereum Classic has now gone down 8 of the past 10 days.
  • As for the trend on the daily timeframe, we see the clearest trend on the 20 day timeframe.
  • The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Below is a daily price chart of Ethereum Classic.

ETC

The Latest From ETC’s Blockchain

  • ETC has a count of active addresses of 0, NA NaN% from its value day prior.
  • Over the past 26 weeks, the trend for ETC’s average transaction value has been choppy and unclear. It has oscillated between 0 and 0.
  • ETC’s count of active addresses now stands at 0.