Ethereum Classic Is Set for a Rally
Ethereum Classic (ETC) is rising by 1.0% to $15.43 this week, closely tracking Bitcoin (BTC), which is also up 1.0% to $84,475. The broader crypto market is in a holding pattern as investors wait for clarity on the escalating U.S.-China trade tensions.
ETC has been pushed back to test its critical support at the $15.00 level—a threshold it has defended multiple times since February 2021. On four separate occasions, dips below this level were swiftly reversed, each time followed by strong rallies of 50% or more. That historical trend has traders eyeing a potential rebound, with a medium-term target of $25.00 now on the radar.
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