'V' Recovery? ETC Posts Big Gains In Sideways Market167.78

The price of ETC, the native currency of the ethereum classic blockchain, is reporting double-digit gains Tuesday, a move that effectively recovers losses seen over the last two weeks. Stepping back, the move effectively means ETC has come full circle, returning back to a level last seen at January's end. Bulls have scored another brownie point by pushing ETC's above 50-day MA. The relative strength index is above 50.00 and rising, thus further doors are open for further gains in ETC. The momentum studies: 5-day MA and 10-day MA are curled up in favor of the bulls. ETC will likely break above $34.38 and test $40.00 levels in the short-run.
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