CandleFocus Ethereum Classic (ETC) Price Eyes 800% Surge With Bullish Breakout
2025-02-14
Author: Content Editor
Analysts are predicting a potential 800% price increase for Ethereum Classic (ETC), with the possibility of reaching $197 in the coming months. Technical indicators, such as the Elliott Wave pattern and the bullish pennant pattern, suggest a strong upward movement for ETC. The long term up trending channel and Fibonacci 61.8% extension level are also reinforcing the potential upside. The increase in Ethereum Classic's open interest indicates higher volatility and suggests that new positions are being opened. If the bullish trend continues, ETC may break out and reach $24.00 in the short term, and potentially even $197 in the long term.
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