ETC Price Analysis

Market Overview

Ethereum Classic's overall market landscape is defined by a circulating supply of 153567132.3942535, underpinning a total market capitalization of $3.20B. The asset has attracted considerable trading interest, evidenced by its $138.31M volume level, which is further supported by a recent positive 24-hour price change of 2.05%. Average trading volumes—specifically $42.27K on an hourly basis and $1.01M over the past day—suggest healthy liquidity and ongoing market participation. Sentiment, however, is currently driven by strong caution, as indicated by a fear and greed score of 7, placing the market firmly in 'Extreme Fear' territory. This risk-off environment may both limit aggressive upward moves and provide contrarian opportunities for patient investors.

Technical Analysis

Ethereum Classic is demonstrating notable resilience according to technical indicators. Most notably, short-term momentum trends higher, as confirmed by its recent 7-day simple moving average, reflecting positive action above mid-term and long-term levels. However, the 30-day, 90-day, and 200-day moving averages remain downward sloping, pointing to lingering bearishness in the broader timeframes. Short-term volatility is elevated, with price fluctuations reaching 0.21%, suggesting active trading conditions and possible heightened risk. Overall, despite the historically bearish longer-term structure, a shift in short-term direction could foreshadow potential for a broader reversal if sustained.