Etherium Classic is also lagging behind in catching up its bid and currently is between its trigger levels of $12.46 and $11.8 for its up or down moves respectively. A daily close above $12.5 will imply continuation upwards where ETC will be met by the very strong resistance of 40 days WMA (white dotted currently @ $13.22) as well as downsloping 89 days WMA (brown currently @ $13.73).
Once this zone of resistance is cleared ETC has one of the best rates of return in the CC space with targets of minimum $16.87.
The alternative scenario of closing below $11.7 on the daily basis and subsequent continuation downwards is possible but seems to be unlikely on the back of generally positive bias in the CC space.
https://www.mql5.com/en/charts/7726341/etcusd-d1-simplefx-ltd
