Based on today's classical pivot point (P1) with the value of $12.58, Ethereum Classic has support levels of $11.96, $11.54, and the strongest at $10.92. Similarly, Ethereum Classic resistance levels are at $13.00, $13.62, and $14.04.
| # | Price | Strength |
|---|---|---|
| S1 | $11.96 | |
| S2 | $11.54 | |
| S3 | $10.92 |
| # | Price | Strength |
|---|---|---|
| R1 | $13.00 | |
| R2 | $13.62 | |
| R3 | $14.04 |
Technical indicators are an essential tool for conducting technical analysis. They provide insights into an asset's market status, investor sentiment, and more, thereby helping investors make more informed trading decisions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 41.90 | NEUTRAL |
| Stoch RSI (14) | 48.79 | NEUTRAL |
| Stochastic Fast (14) | 6.90 | BUY |
| Commodity Channel Index (20) | -66.67 | NEUTRAL |
| Average Directional Index (14) | 23.36 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.70 | NEUTRAL |
| Momentum (10) | -0.92 | NEUTRAL |
| MACD (12, 26) | 0.01 | NEUTRAL |
| Williams Percent Range (14) | -93.10 | BUY |
| Ultimate Oscillator (7, 14, 28) | 47.66 | NEUTRAL |
| VWMA (10) | 13.34 | SELL |
| Hull Moving Average (9) | 13.28 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 13.68 | NEUTRAL |
Over the past 7 days, Ethereum Classic price was most positively correlated with the price of Polygon Ecosystem Token (POL), Immutable X (IMX), Worldcoin (WLD), Dogecoin (DOGE) and Ethereum Name Service (ENS) and most negatively correlated with the price of JUST (JST), AB (AB), Mantle (MNT), Merlin Chain (MERL) and Monero (XMR).
| Name | Correlation |
|---|---|
| Polygon Ecosystem Token | 0.988 |
| Immutable X | 0.985 |
| Worldcoin | 0.984 |
| Dogecoin | 0.983 |
| Ethereum Name Service | 0.980 |
| Name | Correlation |
|---|---|
| JUST | -0.746 |
| AB | -0.591 |
| Mantle | -0.589 |
| Merlin Chain | -0.530 |
| Monero | -0.489 |
Ethereum Classic price is positively correlated with the top 10 coins by market cap with a price of 0.761, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.768.
Currencies that are positively correlated with Ethereum Classic indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Ethereum Classic, a move in one direction for Ethereum Classic would translate into a move in the opposite direction for the negatively correlated coin.
