Ethereum Classic receives a median long-term technical rating of 41 from InvestorsObserver evaluation. Our proprietary scoring system considers the buying and selling patterns over the previous a number of months to a yr by analyzing the coin’s consistency, volatility, and the place it’s relative to long-term averages to find out whether or not it is a sturdy buy-and-hold funding alternative.
Presently, ETC holds a superior long-term technical evaluation rating than 41% of crytpocurrencies. Lengthy-term traders using a buy-and-hold technique will discover the Lengthy-Time period Rank particularly related when allocating their belongings and should discover extra worth discovering cyptos with a excessive short-term technical rating to find cash which have bottomed out.
Buying and selling Evaluation
Ethereum Classic’s worth is -$1.9700000 (-11.49%) under its 100-day shifting common worth of $17.190000000 as its worth in the intervening time sits at $15.220000000. Moreover, ETC is $1.7900000 (31.41%) increased than its 52-week low worth of $13.420000000 whereas -$14.81000000 (17.37%) below its 52-week excessive of $30.020000000. The present buying and selling worth in relation to its long-term common together with its 52-week excessive and low, offers ETC a median long-term technical rating of 41. Lengthy-term buying and selling motion of Ethereum Classic recommend that traders are bearish on the coin in the intervening time.
Ethereum Classic has a market capitalization of $2,178,390,201.34 and a comparatively excessive common day by day quantity with $369,041,024.71 value of the forex traded over the everyday 24 hour interval. During the last 24 hours, ETC’s quantity is under its seven day common with 55,918,073.75 exchanged.
Abstract
ETC’s historic buying and selling over the previous yr offers it a a median long-term technical rating of 41 as its worth motion in that point has given traders cause to be bearish on the coin within the long-term.
Click Here to get the full Report on Ethereum Classic (ETC).