Ethereum Classic Price Massive Double-Digit Rally Hits Pause, $50 ETC Up Next Or Sell-Off?

Ethereum Classic Price Massive Double-Digit Rally Hits Pause, $50 ETC Up Next Or Sell-Off?

Ethereum Classic price has caught the attention of the cryptocurrency market with an impressive 34% leap in just 24 hours, marking its position as the top gainer among the 100 leading cryptocurrencies by market capitalization. This original version of Ethereum has surpassed the $30 mark for the first time since September 2022, sparking interest among investors and traders alike.
Ethereum Classic Price Prediction
Before this commendable breakout, ETC price had been wrestling with the $25 resistance level following a period of consolidation throughout 2023. However, recent developments on the weekly chart indicate a positive shift in sentiment. This change is highlighted by the breaking of a long-term descending trendline and the formation of a bullish engulfing candle on the daily chart. These factors contribute to a favorable Ethereum Classic price prediction, suggesting a potential for continued upward momentum.
Surge in Trading Volume and Market Sentiment
The recent ETC price spike i

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We współpracy z: https://coingape.com/markets/ethereum-classic-price-massive-double-digit-rally-hits-pause-50-etc-up-next-or-sell-off/

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