Based on today's classical pivot point (P1) with the value of $1.07, Grayscale Ethereum Classic Trust has support levels of $1.05, $1.03, and the strongest at $1.01. Similarly, Grayscale Ethereum Classic Trust resistance levels are at $1.09, $1.11, and $1.13.
| # | Price | Strength |
|---|---|---|
| S1 | $1.05 | |
| S2 | $1.03 | |
| S3 | $1.01 |
| # | Price | Strength |
|---|---|---|
| R1 | $1.09 | |
| R2 | $1.11 | |
| R3 | $1.13 |
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) | 40.23 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 0.00 | BUY |
| Commodity Channel Index (20) | -144.85 | BUY |
| Average Directional Index (14) | 22.34 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.02 | SELL |
| Momentum (10) | -0.04 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -100.00 | NEUTRAL |
| Bull Bear Power (13) | -0.07 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 24.72 | BUY |
| VWMA (10) | 1.13 | SELL |
| Hull Moving Average (9) | 1.13 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 1.18 | NEUTRAL |
Over the past 7 days, Grayscale Ethereum Classic Trust price was most positively correlated with the price of Sky (SKY), Virtuals Protocol (VIRTUAL), APENFT (NFT), Hyperliquid (HYPE) and Pudgy Penguins (PENGU) and most negatively correlated with the price of Curve DAO Token (CRV), Binance Coin (BNB), Cronos (CRO), Cosmos (ATOM) and Injective (INJ).
| Name | Correlation |
|---|---|
| Sky | 0.723 |
| Virtuals Protocol | 0.709 |
| APENFT | 0.674 |
| Hyperliquid | 0.663 |
| Pudgy Penguins | 0.637 |
| Name | Correlation |
|---|---|
| Curve DAO Token | -0.844 |
| Binance Coin | -0.831 |
| Cronos | -0.807 |
| Cosmos | -0.801 |
| Injective | -0.781 |
Grayscale Ethereum Classic Trust price is negatively correlated with the top 10 coins by market cap with a price of -0.208, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.172.
Currencies that are positively correlated with Grayscale Ethereum Classic Trust 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 Grayscale Ethereum Classic Trust, a move in one direction for Grayscale Ethereum Classic Trust would translate into a move in the opposite direction for the negatively correlated coin.
