RATE Group | Ethereum Classic (ETC) Daily Price Forecast – October 2
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Ethereum Classic (ETC) Daily Price Forecast – October 2

02 Oct Ethereum Classic (ETC) Daily Price Forecast – October 2

Posted at 16:57h in Ethereum News by

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ETC/USD Medium-term Trend: Ranging

Supply Levels: $11.60, $11.80, $12.00
Demand Levels: $11.00, $10.80, $10.60

There were more significant lower lows in the market price movement of the ETC/USD yesterday. The cryptocurrency has been more declining than increasing while been traded against the U.S. dollar market value.

As at present, the price ranging movement still appears in the ETC/USD market price line. The range-bound zones have been well-defined as being between the $11.50 and $11.00 price points. Price action has been traded between the lower Bollinger Band and the middle Bollinger Band with the 50-day SMA. The Stochastic Oscillators is between ranges of 60 and 40. But, they have crossed to briefly point south. There’s needed to be cautious in placing further trades.

ETC/USD Short-term Trend: Bearish


Yesterday, ETC/USD market trading stance witnessed a considerable level of various bearish movements. The crypto strived harder to pull up from demand level of $11.10 against…

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