ETCUSD Poised for a Breakout - $200+ Target
Ethereum Classic (ETC/USD) has been consolidating for months, but a breakout above the $27 level could spark a historic rally toward $200+. The long-term downtrend resistance, indicated by the dotted green line, is being tested, and bullish momentum is building. Key support is seen at $17.00, and a strong break could propel ETC to much higher levels.
- **Support Level:** $12.64
- **Resistance Level:** $27 (breakout point)
- **Target:** $200+
**Indicators:**
- Momentum and RSI indicators are showing signs of strength, supporting a potential upward move.
**Note:** As always, please manage risk and use this for informational purposes only. A break above the trendline would confirm the bullish scenario.
- **Support Level:** $12.64
- **Resistance Level:** $27 (breakout point)
- **Target:** $200+
**Indicators:**
- Momentum and RSI indicators are showing signs of strength, supporting a potential upward move.
**Note:** As always, please manage risk and use this for informational purposes only. A break above the trendline would confirm the bullish scenario.
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