analysis of the latest $ETC /USDT (Ethereum Classic to Tether) market data:
---
๐ข Current Price
$16.87 (-1.35% decline)
---
๐ 24-Hour Trading Range
High: $17.26
Low: $16.14
---
๐ Volume
ETC Traded: 788,204.16 ETC
USDT Volume: $13.05M
---
๐ง Technical Indicators
Moving Averages (Volume):
MA(5): 9,405.12
MA(10): 8,419.12
Recent Price Levels:
Current: $16.87
Nearby Support: ~$16.36
Resistance: ~$17.26
---
๐ Market Insight
The price is currently trending downward slightly and sitting just below recent resistance levels.
Support lies near $16.14โ$16.36, suggesting some potential for consolidation or a bounce.
Declining short-term momentum indicates caution, though volumes are moderate, not signaling panic selling.
---
Would you like a short-term forecast, support/resistance chart, or a strategy suggestion based on this data?