$ETC

🔍 **ETC Coin (Ethereum Classic) Today's Quick Analysis**

📉 **Price & Performance**

- **Current Price**: **$22.32–$22.37** (down **6.5–7.8%** in 24h) .

- **24h Range**: **$21.88–$24.46**, with strong resistance at **$24.12** and support at **$21.35** .

- **Weekly Trend**: Up **+6.3%** (30-day surge: **+22.4%**) but facing profit-taking pressure .

📊 **Technical Signals**

- **Neutral/Bearish Short-Term**:

- Oscillators (RSI: **53.38**) and moving averages indicate consolidation .

- **Key Resistance**: **$24.12** – break above could target **$25.93** .

- **Critical Support**: **$21.35** – loss may trigger drop to **$20.80** .

- **Sentiment**: Mixed (10 "Buy" vs. 3 "Sell" technical indicators) .

🌐 **Market Context**

- **Bitcoin Rally Impact**: BTC’s surge to **$124K** (new ATH) lifted altcoins initially, but ETC saw profit-taking .

- **Volume Spike**: 24h trading volume up **35%** to **$270M–$332M**, signaling heightened activity .

- **Historical Weakness**: August is ETC’s worst month – ended lower **60%** of the time historically .

⚡️ **Outlook**

- **Bull Case**: Hold above **$21.35** and break **$24.12** to retest **$25.93** .

- **Bear Risk**: Failure to sustain support may push price toward **$20.50–$20.80** .

- **Watch**: Bitcoin’s momentum and ETC’s volume trends for reversal clues.

💎 **Summary**: ETC consolidates after recent gains, with **$21.35** as make-or-break support. Neutral RSI leaves room for recovery, but August’s historical weakness and profit-taking pose short-term risks.