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ETC/USD Is Bullish For The Long Term? | May 27, 2019

Here is a monthly price chart for ETC/USD. As you can tell this cryptocurrency pair is reflecting strength. The current monthly price bar is displaying the anticipation of higher prices. Currently, resistance is around $10.00. Where the market is trading now is also a shallow area of resistance.

But with all the stockpile that came into the market during the month of April shows that the market participants has bought up the selling. Especially, with the current price bar closing towards the high of the bar.


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