ETC Technical Analysis Mar 1
The post ETC Technical Analysis Mar 1 appeared on BitcoinEthereumNews.com.
ETC is trading near a critical support zone at the 8.85 dollar level; under downward trend pressure, the 8.70 band stands out as buyers’ last line of defense. Above, the 8.94 and 9.64 resistances are positioned as the first obstacles to a potential recovery. Current Price Position and Critical Levels ETC price is currently positioned around 8.85 dollars and exhibits a structure dominated by a downward trend in the overall market structure. Although the 24-hour change shows a limited recovery of +1.96%, the price is exactly meeting resistance at the EMA20 (8.85) level, and RSI is stuck in the neutral zone at 47.27. The trading range in the last 24 hours was between 8.12-8.92, and volume remained at a medium level of 65.95 million dollars. The Supertrend indicator is giving a bearish signal and shows a resistance at 10.56 dollars. In multiple timeframes (1D/3D/1W), 10 strong levels have been detected: 3 supports/2 resistances in 1D, 1 support/1 resistance in 3D, 2 supports/3 resistances confluence in 1W. This confluence increases the strength of the levels; for example, the 8.6952 support overlaps with an order block in 1D and 3D timeframes. Support Levels: Buyer Pools Primary Support The strongest support level is 8.6952 dollars (strength score: 89/100). This level stands out as a liquidity pool that the price has tested and been rejected from four times in recent weeks. It forms a demand zone in the 1D timeframe, and a volume increase was observed here – an order block where buyers entered aggressively. Multi-timeframe confluence is strong: aligned with EMA50 on the 3D chart, and a region where low-volume wicks formed on 1W. If price pulls back here, a quick rejection and upward momentum is expected; historical tests have a 70% success rate. Invalidation level activates on a break below 8.60, triggering…
Filed under: News - @ March 1, 2026 3:21 am