{"id":14955,"date":"2022-12-21T17:10:34","date_gmt":"2022-12-21T17:10:34","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/12\/21\/ethereum-classic-etc-usd-prediction-as-the-price-recovers-4-in-a-bear-market\/"},"modified":"2022-12-21T17:10:34","modified_gmt":"2022-12-21T17:10:34","slug":"ethereum-classic-etc-usd-prediction-as-the-price-recovers-4-in-a-bear-market","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/12\/21\/ethereum-classic-etc-usd-prediction-as-the-price-recovers-4-in-a-bear-market\/","title":{"rendered":"Ethereum Classic (ETC\/USD) prediction as the price recovers 4% in a bear market"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671641857911-60138dfb-c72b-4566-bc84-96db50092d12-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671641857911-60138dfb-c72b-4566-bc84-96db50092d12-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671641857911-60138dfb-c72b-4566-bc84-96db50092d12-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671641857911-60138dfb-c72b-4566-bc84-96db50092d12-smartcrop-363x181.png\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/1970\/01\/1671641857911-60138dfb-c72b-4566-bc84-96db50092d12.png\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>\n                    <\/div>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">Ethereum Classic rose 4% on Wednesday.<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">The cryptocurrency stays trapped by a descending trendline.<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">ETC may fall to the July lows as technical indicators sound bearish.<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\">Ethereum Classic (ETC\/USD) recovered 4% on Wednesday and was amongst a handful of\u00a0<a href=\"https:\/\/coinjournal.net\/cryptocurrencies\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>cryptocurrencies<\/u><\/a> in the inexperienced. Leading tokens, Bitcoin and Ethereum, have been mildly bullish at 0.19% and 0.04%, respectively.<\/p>\n<p dir=\"ltr\">Ethereum Classic price has been on a curler coaster for a whereas. It needs to be remembered that the cryptocurrency discovered a excessive of $45 in August, almost 4 occasions the price from a low of $13 in July. The positive aspects have been fueled by the expectations that the Ethereum merge would entice miners to the Proof of Work blockchain. Investors traded the hypothesis, and when Ethereum shifted to Proof of Stake, ETC followers vanished. The cryptocurrency is now near the July lows and traded at $16.35 at press time.<\/p>\n<p dir=\"ltr\">There is nothing fallacious with Ethereum Classic, although, since it&#8217;s reeling from the identical bear market, affecting friends. If desiring to commerce the cryptocurrency, it&#8217;s value checking the technical ranges to see the demand zones. At the second, we aren&#8217;t there but.<\/p>\n<h2 dir=\"ltr\"><strong>ETC nonetheless trapped by a descending trendline as price eyes July lows<\/strong><\/h2>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2022\/11\/21\/1671641932779-ce7a5cdb-4053-4764-a0ef-a59e02f58a45.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"314\"\/><\/p>\n<p dir=\"ltr\"><a href=\"https:\/\/www.tradingview.com\/symbols\/ETCUSD\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>ETC\/USD Chart by TradingView<\/u><\/a><\/p>\n<p dir=\"ltr\">A technical outlook reveals that ETC is bearish. The MACD indicator has by no means moved above the impartial zone since falling into bear territory in mid-September. The cryptocurrency trades alongside a bearish trendline. There is a clear system of decrease highs and decrease highs to underline a bear market for ETC.<\/p>\n<h2 dir=\"ltr\"><strong>What may occur subsequent for Ethereum Classic?<\/strong><\/h2>\n<p dir=\"ltr\">Bulls generated some strengths as <a href=\"https:\/\/coinjournal.net\/ethereum-classic\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>ETC price<\/u><\/a> touched $15. We anticipate the price to proceed surging towards a resistance at $18 or the descending trendline in the brief time period. Bulls must efficiently battle and win at this degree for ETC to grow to be bullish.<\/p>\n<p dir=\"ltr\">In the extra probably bear state of affairs, ETC sellers will take management at the resistance or the descending trendline. That will see the cryptocurrency commerce alongside the bearish trendline and contact the July lows of $13.<\/p>\n<h2 dir=\"ltr\"><strong>Where to purchase ETC<\/strong><\/h2>\n<h3>\n    eToro<\/h3>\n<p>eToro gives a big selection of cryptos, such as Bitcoin, XRP and others, alongside crypto\/fiat and crypto\/crypto pairs. eToro customers can join with, be taught from, and duplicate or get copied by different customers.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/etoro-crypto?guid=OTgxMDc&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=1&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy ETC with eToro today            <\/a><br \/>\n            <button class=\"flex items-center mt-2 text-sm text-gray-600 focus:o-outline-none\" data-tooltip=\"Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.\" aria-expanded=\"false\"><br \/>\n            <span class=\"border-b border-gray-600 border-dotted\">Disclaimer<\/span><br \/>\n            <span class=\"ml-1\"><br \/>\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\">\n                    <path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/>\n                <\/svg><br \/>\n            <\/span><br \/>\n        <\/button>\n    <\/p>\n<h3>\n    Public<\/h3>\n<p>Public is an investing platform that permits you to make investments shares, ETFs, crypto, and different belongings like wonderful artwork and collectibles\u2014all in one place.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/public-crypto?guid=OTgxMDc&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=2&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy ETC with Public today            <\/a><br \/>\n            <button class=\"flex items-center mt-2 text-sm text-gray-600 focus:o-outline-none\" data-tooltip=\"Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Crypto trading on Public platforms is served by Public Crypto LLC and offered through APEX Crypto. Please ensure that you fully understand the risks involved before trading.\" aria-expanded=\"false\"><br \/>\n            <span class=\"border-b border-gray-600 border-dotted\">Disclaimer<\/span><br \/>\n            <span class=\"ml-1\"><br \/>\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\">\n                    <path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/>\n                <\/svg><br \/>\n            <\/span><br \/>\n        <\/button>\n    <\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/ethereum-classic-prediction-as-the-price-recovers-4-in-a-bear-market\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Ethereum Classic rose 4% on Wednesday. The cryptocurrency stays trapped by a descending trendline. ETC may fall to the July lows as technical indicators sound bearish. Ethereum Classic (ETC\/USD) recovered 4% on Wednesday and was amongst a handful of\u00a0cryptocurrencies in the inexperienced. Leading tokens, Bitcoin and Ethereum, have been mildly bullish at 0.19% and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14957,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[719,1496,4595,108,41,111,110,467],"class_list":["post-14955","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-bear","tag-classic","tag-etcusd","tag-ethereum","tag-market","tag-prediction","tag-price","tag-recovers","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=14955"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14955\/revisions"}],"predecessor-version":[{"id":14956,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14955\/revisions\/14956"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/14957"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=14955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=14955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\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