Ethereum Classic Price Key Highlights Ethereum Classic price got a big boost after Coinbase and Robinhood added the asset to their trading offerings. Price is trending higher inside an ascending channel on the 4-hour chart and is testing the resistance. A break past this channel top could pave the way for an even sharper rally, but technical indicators have yet to catch on. Ethereum Classic is testing the top of its ascending channel and a breakout could lead to a steeper uptrend from the latest catalysts. Technical Indicators Signals The 100 SMA is below the longer-term 200 SMA to suggest that the path of least resistance is to the downside. This means that there’s still a chance for sellers to return and allow the channel top to keep gains in check. RSI is already in the overbought zone to signal that buyers are feeling exhausted at this point.
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