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Cryptocurrency News Articles
Ethereum Classic (ETC) Suffers a 40% Correction Within the Last 90 Days
Mar 19, 2025 at 10:00 pm
This price decrease happened due to intense selling pressure, with buyers failing to halt the downswing.
The price of Ethereum Classic (ETC) has fallen by 40% within the last 90 days. This price decrease happened due to intense selling pressure, with buyers failing to halt the downswing.
However, since the beginning of this week, ETC appears to have shown strength after bulls seem to have defended the $17 zone. Despite that, the path to erase this double-digit decline may be challenging.
But with ETC failing to break above critical price zones, here is what could be next for the altcoin.
Key Takeaways
* Ethereum Classic price has dropped by 40% in 90 days.
* The crypto is now attempting to recover.
* But with the RSI remaining below 50 and the MACD struggling to move above zero, this recovery may be stalled.
* A glance at the Awesome Oscillator (AO) also seems to align with this bias.
What Is Next For ETC Price?
According to the daily chart, ETC’s price reached a swing high of $38.38 on Dec. 6, 2024. Today, the altcoin’s value trades below $20.
The chart below shows that the decline from the peak to the current value formed a descending channel. Seven days ago, ETC hit a year-to-date (YTD) low of $15.95.
At that time, the cryptocurrency flashed readiness to trade lower. But that did not happen as ETC bounced off the low and hovered near $18.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci retracement levels.
The chart shows the price action and Fibonacci
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