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Ethereum Classic (ETC) Might Not Be a Laggard for Long
In brief
ETC has been trading inside a descending wedge since the beginning of March.
There is long-term resistance and support at 110,000 and 55,000 satoshis, respectively.
ETC/USD is likely in the beginning of the 3rd wave of a 5-wave formation.
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Ethereum Classic (ETC) is nearing the end of its corrective movement, after which a prolonged and significant upward move is expected. Trading Range The ETC price began an upward move in September 2019, one that eventually led to a high of 137,360 satoshis on 29 January 2020. This move caused a breakout from the 110,000 satoshi area, which had previously acted as support and was
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