✴️ Ethereum Classic, The Bigger Picture ($118 - $289 Long-Term)

1 juil. 2023

We looked at many Altcoins in the short-term... Let's expand our view, let's see what the long-term chart has to say, the perspective widens, it is completely different.

Here we have many bullish signals, really strong, for Ethereum Classic (ETCUSDT).

Let's start from right to left:

• We have a volume breakout with the highest weekly buy volume since August 2022.
  
  
• This week ETCUSDT is moving above EMA21 and EMA10. Strong signal.
  
  
• The RSI is super strong at 53.86, again, weekly, which means 7X stronger than the daily.
  
  
• The consolidation triangle is being broken bullish. This same pattern in 2021 led to a very strong bull-market.
  
  
• Long-term higher lows. Long-term growth. Long-term up.
  

The targets goes as follow once the bull-market starts:

1) $37 can be achieved easily on the first jump wave.
2) $52 follows and $77 mid-term.
3) The long-term targets go to $118 and $146.
4) The new All-Time High, over a year from now, can hit $289 or higher... We will look at the higher potential in the future.

That's Ethereum Classic for you long-term.

Namaste.