ETC Comment and Price Analysis August 7, 2025

ETC/USDT Technical Analysis

When we analyze the Ethereum Classic (ETC) chart, we see that the uptrend has still persisted since March. The price has tested the trendline many times, but the sellers have always stepped in. ETC is trading at around $20.25 following the sell-off after it surged to the level at $27.07.

ETC is currently struggling to hold above the support level at around $19.68, and it can test the resistance level at $22.53 again if it holds here. In case the price breaks above this resistance, then the momentum could propel the price towards the range between the levels at $25.79 - $27.07.In the event that this green band breaks, the price may first jump to $31.42 and then to the level at $39.00. If we see a downward action, we should be following the support levels $18.5, $16.65, and $15.79 respectively.

These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.