The Ethereum Classic price has exploded higher by almost 50% in 24 hours. As a result, ETC's technicals have swung from bearish to positively delightful.
Not only has, a double-bottom formed, the 50, 100, and 200-day moving averages have been left for dust.
Furthermore, the impulse move higher has cleared the resistance of a strong downtrend. Additionally the Ethereum classic price has regained it long-term uptrend.
As long as ETC sustains the $53.40 level, it should easily achieve 45% from here.
TP target: $84.00
SL: tight, and below $53.40 on a daly close basis
Not only has, a double-bottom formed, the 50, 100, and 200-day moving averages have been left for dust.
Furthermore, the impulse move higher has cleared the resistance of a strong downtrend. Additionally the Ethereum classic price has regained it long-term uptrend.
As long as ETC sustains the $53.40 level, it should easily achieve 45% from here.
TP target: $84.00
SL: tight, and below $53.40 on a daly close basis