Last days show several tests made on the weekly resistance line of this descending wedge. If and when it does break ETC will need the support of the Big Daddy of BTC for any bull/bear breaks to have genuine follow through.
A quick comparison chart of the four tickers of Coinbase during this latest 7 day BTCUSD pump:
Biggest gainer was BCHUSD whil BTCUSD is holding best at consolidating.
Gains on Coinbase and Binance tickers all about 22-26% on BTC, LTC, ETH but BCH well above 30% (blue arrows). Consolidation 9% so far except BTC with 4% (red arrows).
Daily timeframe showing entire history of BNBUSDT and what has happened every single time that rsi levels have dropped this low: +20% gains on all four times! Yellow lines show recent huge gains at around rsi 40 and the two green lines show that even though BNB price and rsi levels dipped much lower, it was still worth to hodl with over 20% gains later....
IF ZRXUSD has found its higher low on its weekly timerframe we could see a beautiful equilibrium with 100% gains shown by the solid green arrow and the green curved line.
And even IF the dip continues for couple of more weeks (the red curved line) then the EQ shown by the blue lines has still plenty of room above the 0.341 price line to find a clear higher low to...