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.
Note
Let's see if major support level holds. I will update this soon
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