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Ethereum Classic crypto price was at $27.13 recording an intraday development of 0.89% at the time of writing.
2
The technical aspect shows a positive outlook above the 20 and 50-Day EMAs.
Ethereum Classic (ETC) crypto looks primed to break from its six-week correction phase. The price is on its way up, taking support from the key EMAs. The 20 and 50-Day EMAs are acting as dynamic support levels and launch pads for the crypto.
ETC declined sharply after a short-term bull run in the 1st half of January that helped short-term traders and investors gain nearly 50%. The crypto price lifted off after registering a breakout near the $20 level and peaked near $30.
The crypto came under selling pressure near the round level of $30 and dropped lower. However, ETC got support at the 50-Day EMA which prevented the price from dropping further.
At the time of writing, the Ethereum Classic crypto was at $27.13 with an intraday drop of 0.89%. It had a live market cap
We współpracy z: https://www.thecoinrepublic.com/2024/02/20/ethereum-classic-crypto-could-rally-20-as-bulls-turn-aggressive/
