- Ethereum Classic price analysis highlights ETC’s resistance at the $61 resistance level.
- A decisive close above the resistance level could activate a 15 percent surge.
- A close below the $49 price range would cancel all bullish outlooks.
According to Coinmarketcap.com, Ethereum Classic is at the time of writing ranked at number 22. Its market cap currently stands at around $6.9 billion, with a 24-hour trade volume of $3.6 billion.
Ethereum Classic Price Analysis: General price overview
Ethereum Classic’s price has taken a dip for the fourth straight day as other crypto-assets register price recoveries. At the time of writing, Ethereum Classic has dropped to $59.94, which is about 72 percent below its year-to-date high. Despite this, the crypto asset has recorded a positive price movement during today’s early morning trading session.