ETC Comment and Price Analysis - September 7, 2025

ETC Comment and Price Analysis - September 7, 2025

Эта статья доступна на английском языке.

ETC/USDT Technical Analysis

When we analyze Ethereum Classic (ETC) on a daily time frame, we see that the coin has maintained its ascending trend since March. This uptrend has been going on as the buyers stepped in each time though the price has pulled back to the trendline at times. ETC has surged to the level at $25.93, yet it failed to go up and retreated due to sell pressure; it is currently trading around $20.40.

ETCUSDT_2025-09-05_22-46-52.png
Rising Trend
ETC is currently struggling to hold above the support level at $19.37 and it could try to go up as long as it holds above this support level. We have the first resistance zone between the levels $20.75 and $21.27. ETC can be expected to test the level $22.60 again if the price manages to remain above this resistance zone.According to a bullish scenario, the price may climb to the critical level at $25.93 in case the resistance level $24.46 gets broken. We can talk about the medium-term targets $31.42 and $39.00 if ETC can exceed this green band.On the other hand, the price may go down to the support levels $18.08 and $17.64 if we see closings below $19.37. Also, we have main defense lines $16.36 and $14.74 in case of deeper corrections.

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, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during the transactions.

#Ethereum Classic#etc#price#Analysis#technical
CalendarДата публикации
7 сент. 2025 г.
CategoryКатегория
Reading timeВремя чтения
1 мин
AuthorАвтор
JrKripto
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