Ethereum Classic (ETC) 1DAY UPDATE BY CRYPTOSANDERS !!
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Ethereum Classic (ETC):-one of the most notable movers on Monday, as the token fell by over 12% to start the week.
Following a high of $33.41 during the weekend, ETC/USD slipped to an intraday low of $27.91 earlier today.
The drop comes less than a week after Ethereum classic was trading above $40.00, ahead of last Wednesday’s Merge.
Monday’s drop sees ETC move to its lowest point since July 27, when the token was trading near $24.00.
As of writing, earlier price declines have eased, with ETC now back above the $30.00 mark.
After a brief breakout, the 14-day relative strength index (RSI) is also tracking marginally above support of its own at 40.95.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Ethereum Classic (ETC):-one of the most notable movers on Monday, as the token fell by over 12% to start the week.
Following a high of $33.41 during the weekend, ETC/USD slipped to an intraday low of $27.91 earlier today.
The drop comes less than a week after Ethereum classic was trading above $40.00, ahead of last Wednesday’s Merge.
Monday’s drop sees ETC move to its lowest point since July 27, when the token was trading near $24.00.
As of writing, earlier price declines have eased, with ETC now back above the $30.00 mark.
After a brief breakout, the 14-day relative strength index (RSI) is also tracking marginally above support of its own at 40.95.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
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