Ethereum Classic Breaks Out From Long-Term Resistance

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In Brief
  • ETC has broken out from a descending resistance line.

  • There is resistance at 75,000 and 98,000 satoshis.

  • ETC/USD is facing resistance at $7.50.

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After correcting for the entirety of 2020 alongside a descending resistance line, the Ethereum Classic (ETC) price is in the process of breaking out from this line. However, a new bullish trend has not yet been confirmed. ETC/BTC Temporarily Breaks Out The ETC price had been following a descending resistance line since the end of February. Currently, the price is in the process of
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Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.

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