Latest, quickly check the price trend of Ethereum Classic (ETC) and the upcoming levels

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As ETC successfully retests its breakout level and the 200 Exponential Moving Average (EMA) within the daily timeframe, the interest from whales and traders is increasing, which itself suggests bullish signals.

According to expert technical analysis, ETC formed a bullish hammer candlestick at the key support level of $26.70 and also found support at the 200 EMA.

Based on recent price trends, if ETC's daily closing price is above $28.50, it is highly likely to surge 20% in the future, reaching the next resistance level of $34.25.

On a positive note, ETC's Relative Strength Index (RSI) is currently near the oversold area, indicating upward momentum.

When combining these on-chain indicators with technical analysis, it seems that bulls currently dominate the asset and may soon drive the asset price up to the $34 threshold.

Currently, ETC's trading price is close to $27.54, with a price increase of over 13.5% in the past 24 hours. During the same period, its trading volume decreased by 30%, indicating reduced participation from traders and investors.

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