1-hour timeframe
📊 ETC/USD 1H Analysis: Quick Movement? 🚀
Current ETC price: ~$16.92. On the 1-hour chart, ETC shows neutral dynamics with an RSI of 51.85, indicating no overbought/oversold conditions. The price is trading around the 20-hour EMA ($16.90).
🔑 Key levels:
Resistance: $17.01 (50-hour SMA).
Support: $16.46 (recent low).
📈 Forecast: If ETC breaks $17.01, a move towards $17.30 is possible. A drop below $16.46 may lead to a test of $16.20. Keep an eye on trading volume! 💡
