We are looking 2 hour chart. ETC just reached its new high. As you can see ETC is surging slowly. Ethereum
Classic has support level
at 39$ which is also near 38% fibonacci level. Eteherum Classic has major support level
at 32$ but it's unlikely going to fall there. If surging doesn't accelerate ETC will reach 50$ by the end of January.
on a short-term 2 hour MACD
has just closed and showing sell signal. 4 hour MACD
is still open.
This is not financial advice.
Feedback and comments are greatly appreciated.