Ethereum ClassicLong
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.
Disclaimer
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.
Disclaimer
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.