CandleFocus Ethereum Classic Poised for a Bullish Breakout, Set New ATH
2025-01-08
Author: Content Editor
Crypto analyst Alan Santana suggests that Ethereum Classic (ETC) is showing similarities to its early 2021 bull run. Santana points out that ETC's current market conditions, including a long-term higher low, mirror those of the previous bull run, hinting at potentially stronger results. After a period of red trading, ETC is currently in a sideways shift, which Santana believes is a preparation for a significant expansion in 2021. Santana predicts a new all-time high (ATH) for ETC, surpassing $300, and notes that historical data supports the idea of steady accumulation leading to substantial market profits. However, ETC's present market performance is somewhat muted, with its price currently at around $25.63, down 10.42% in the last 24 hours, causing concerns among investors as its market cap falls below $4 billion.
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