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Crypto

ETC Price Surges on Strong Bullish Momentum

Guavy AI Editorial Team
Instruments
ETH ETC
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Ethereum Classic (ETC) is trading at $8.25, up 13.48% for the day.

The price sits above its key moving averages, reflecting strong bullish momentum across multiple timeframes.

According to recent analysis, ETC/USD is forecast to consolidate in the $7.724524 to $8.775476 range over the next 2 to 3 days, with a 74% probability of upward movement.

Momentum indicators point to divergence: MACD signals strong buy conditions while ADX suggests there is no solid trend. Other oscillators show RSI at 60 (Buy), Stochastic RSI is oversold, and CCI is neutral, highlighting mild buyer dominance but limited excess.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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