Ethereum Classic: Can ETC’s high social interest translate to a market rally?

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 68%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

ETC is testing a key symmetrical triangle support level. Rising whale activity and social dominance could drive a potential price reversal.

A key symmetrical triangle support level could push ETC into bullish territory.The altcoin has dipped by 8% in the last 48 hours, leading it to test a critical support level within a symmetrical triangle pattern.

As the crypto market is heavily influenced by sentiment, the rise in ETC social dominance could hint at building momentum.Source: SantimentAdding to the increasing social activity, the altcoin whale activity is also on the rise. With the price testing a key support level at around $18, the next move could determine whether Ethereum Classic will bounce higher or continue its downward trajectory.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in CA

Canada Canada Latest News, Canada Canada Headlines