ETC Could Be at the Recovery Start
Ethereum Classic (ETC) is trading neutral at $17.46 this week, mirroring the broader market, where Bitcoin (BTC) remains steady around $82,716. Cryptocurrencies appear to be stabilising near their lows, with some altcoins at historical support levels—both a concerning and potentially promising sign. The key factor remains Bitcoin’s ability to establish a solid base for a rally, which could be influenced by the upcoming Federal Reserve meeting on March 19.
ETC recently slipped below the $20.00 support level and may test $15.00. However, the support zone between $15.00 and $17.00 appears robust, potentially setting the stage for a strong rebound or even a market reversal.
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