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ETC Bulls Strive To Break Resistance Level in Quest for Higher Prices

Published Jan 04, 2023 15:55 Updated Jan 04, 2023 16:15
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© Reuters. ETC Bulls Strive To Break Resistance Level in Quest for Higher Prices
 
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  • Price rise for Ethereum Classic (ETC) has remained constant, according to recent price analysis.
  • The $17.83 resistance level must be held by bulls if the current uptrend is to continue.
  • In the upswing, bulls were successful in pushing prices higher by 10.85%, to $17.80.

Despite starting the day on a strong note, bears dominated trade in Ethereum Classic (ETC) for over half the day. In the last twenty-four hours, the price of Ethereum Classic (ETC) fell to as low as $15.67 due to the persistence of bears. However, bulls bucked this trend and took control of the market, driving the price of ETC up to $17.80, a 10.85% surge, as of press time.

Increased enthusiasm in the ETC market is illustrated by a 10.55% increase in market capitalization to $2,466,475,554 and a 169.15% increase in 24-hour trading volume to $216,942,639.

The post ETC Bulls Strive To Break Resistance Level in Quest for Higher Prices appeared first on Coin Edition.

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ETC Bulls Strive To Break Resistance Level in Quest for Higher Prices
 

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