Ethereum Classic (CRYPTO: ETC) fell 13.21% on Tuesday before bouncing to just above a support level at $50.78. The decline was in sympathy with crypto market leaders Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), which retraced 5.52% and 7.7%, respectively, over the same 24-hour period.
On Wednesday, Ethereum Classic was trading mostly flat in consolidation but was settling into a bearish pattern that may signal trouble for the crypto over the coming days.
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