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31.10 - 18:17
Ethereum Classic, Chainlink, Avalanche Price Analysis: 21 October
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The global cryptocurrency market has surged over the last 24 hours. Altcoins like Ethereum classic, Chainlink, and Avalanche seemed to oblige the price trajectory of the market’s leading cryptocurrencies.
Ethereum Classic [ETC]
Source: TradingView, ETC/USDT
ETC noted a hike of 6.72% over the last 24 hours and was trading at $55.88, at the time of writing. The support level stood at $45.94, while the overhead resistance was registered at $60.61. Key indicators pointed to recent bullish price action in the market.
The RSI was near the 67-mark, signaling that buying strength existed in the market. If the RSI further inches close to the 70-mark, a trend reversal, in that case, can’t be ruled out.
TheMACD, with its green signal bars, approached a
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