ETC Surges 8.62%, But Bullish Momentum Meets Technical Caution
Ethereum Classic (ETC) has seen an 8.62% price surge today, driven by strong bullish momentum and overbought technical indicators.
The price remains capped below its week high at $8.37, with the 200-day moving average acting as a nearby floor at $7.91495.
Momentum indicators are registering extreme overbought conditions, but some neutral signals suggest short-term exhaustion is possible.