Ethereum Classic (ETC): The Miner's Drift
Current Price: $7.99 (-2.06%)
ETC has seen a steady decline throughout March, dropping over 8% in the last few weeks. It has broken below the $8.00 mark, which served as a key pivot. The 24-hour change of -2.06% suggests that miners or long-term holders are de-risking.
The immediate target for ETC is the $7.50 support. Resistance is now firmly established at $8.40.
Trading Signal:
Type: Short
Entry: $8.10
Target: $7.55
Stop Loss: $8.35
Confidence: Moderate.
ETC
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