
Ethereum Classic gains 9.26% to $8.51, breaks above SMA-200
- —ETC price rose 9.26% in 24 hours to $8.51
- —Trading volume 11.97% above the 30-day average
- —Price held above SMA-200 at $7.77
- —RSI (14) at 64.6 — no extreme overbought reading
Why it matters: The break above SMA-200 points to a possible reversal of ETC's prolonged downtrend, but the price is already above the upper Bollinger Band.
Source: DiarioBitcoin