Latest, hurry to check the Ethereum Classic (ETC) price trend and upcoming levels

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

According to expert technical analysis, ETC has formed a bullish hammer candlestick at the key support level of $26.70 and has also received 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 soar 20% in the future, reaching the next resistance level of $34.25.

On the positive side, 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 the bulls are currently dominating the asset and may soon push the asset's price above the $34 threshold.

Currently, ETC is trading at approximately $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 a reduction in trader and investor participation.

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