investor observer Ethereum Classic has a strong long-term technical score of 90 from its research. Our proprietary scoring system takes into account the historical trading patterns of the coin’s support and resistance levels over the last few months to a year, as well as its position relative to its long-term average. This analysis helps determine if it is currently a strong buy and hold investment opportunity for traders. ETC currently has better long-term technical analysis scores than 90% of cryptocurrencies in circulation. Long-term ranks are most relevant to buy-and-hold type investors looking for strong, stable growth when allocating their assets. Combining high long-term and short-term technical scores also helps the portfolio his manager discover coins that have bottomed out.
Transaction analysis
ETC is currently 1.4700000 (7.20%) above the 100-day moving average price of $20.460000000, currently at $21.930000000. Meanwhile, Ethereum Classic is $9.33 million (86.77%) above its 52-week low of $12.600000000 and -$30.24000000 (22.87%) below its 52-week high of $52.17 million. Current price against moving average and 52 week highs and lows lead to a strong long term technical score of 90. The total market value of Ethereum Classic is $3,045,602,925.74 and the average daily volume of the currency that is exchanged in a typical 24 hour period is $2,144,740,924.15. Over the past 24 hours, ETC volume has been below average with a total of $230,878,041.79 traded.
overview
ETC’s past trading over the past year gives it a strong long-term technical score of 90, as price movements during that period gave investors reason to be neutral to the coin in the long run. To get the full report on Ethereum Classic (ETC), click here.
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