1-week timeframe
📈 ETC/USD 1W Analysis: Bullish sentiment? 🚀
ETC has fallen by -8.50% over the last week, but the 50-day SMA ($20.33) remains above the current price ($16.92), indicating a potential correction. RSI on the weekly chart ~36.01, close to oversold.
🔑 Key levels:
Resistance: $19.53 (daily level).
Support: $16.00 (psychological level).
📈 Forecast: Forecast for next week: a rise of 14.26% to $21.38 by June 3, 2025. If the $16.00 support does not hold, a test of $15.00 is possible. Time to buy on the dip? 💸
