Assessing the possibility of an Ethereum Classic price rebound as hashrate dips

  • Support at $20.00 will determine if ETC price regains momentum above $30.00 or drops to retest $13.50.
  • Ethereum Classic mining hashrate continues to drop approximately six weeks from the Merge.
  • Based on the Super Trend indicator’s sell signal on the daily chart, sellers have the upper hand.

Ethereum Classic price is trading 51% down from its September peak at $45.81. Market participants were surprised when ETC price more than tripled its value from $13.50, thanks…


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