This event has been announced long ago and everything about it is known therefore there will be no influence on the price. But in the long term it is positive.
Technical analysis
The price still is in the falling wedge. Just as at the majority of other cryptocurrencies with big capitalization. The falling wedge it is well visible on 'ETCUSD' and "ETCBTC'.
It has to be favorable to buy about the lower bound of a wedge.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.