Ethereum Classic: Mapping out the after-effects of >17% 24h loss
EthereumEthereum Classic: Pagmamapa ng mga after-effect ng 17% 24h loss09 / 19 / 2022Balita ng Ethereum ng Bitcoin Disclaimer: Ang mga natuklasan ng sumusunod na pagsusuri ay ang tanging opinyon ng manunulat at hindi dapat ituring na payo sa pamumuhunan. Over the last two months, Ethereum Klasik [ETC] saw a choppy movement as it compressed in the $30-$43 range. After bagging impressive gains in its previous rally, the bears seemed to re-enter the market with the coin losing its $30 baseline support. ETC fell below the daily 20/50/200 EMA in the last few days to depict a strong selling edge. Its current southbound journey could continue testing fresher lows until the buyers step in to inflate the buying volumes. At press time, the alt traded at $28.05, down by a staggering 17.22% in just the last 24 hours. ETC Pang-araw-araw na Tsart ETCs recent reversal from the $38 resistance put it back into the bearish track as it descended below its EMAs. The coin shed nearly 30% of its value over the last four days. This decline pulled ETC below the vital $30-$32 range as it glided south past its high liquidity zone. With the 20 EMA (red) looking south, a bearish crossover with 50/200 EMA