• The Ethereum Classic demand area remains in place, indicating a likely breakout if buying interest persists.
• RSI at 49.47 and MACD close to a bullish crossing over suggest a digestion phase with positive caution.
• Technicians cite $28.03 and $32.39 resistance as next rally targets if momentum holds up.

Ethereum Classic (ETC) is experiencing positive momentum with a surge in its price, mirroring the broader market sentiment. The ETC price surged by 3.9% over the last 24 hours and 8.84% over the last week.

At the time of writing, ETC is trading at $19.87 with a market capitalization of $3.05 billion. Its trading volume significantly increased 73.14% to $168.51 million, indicating that both traders and investors are confident about the new positioning.

Source: CoinMarketCap

ETC Shows Potential Breakout With $32 in Sight

A prominent crypto analyst, Rose Premium Signals, highlighted that ETC is resurging around an important demand area where aggressive buying interest previously held up price gains. Trading around its channel support, the altcoin reflects strength as buyers slow down sales forces. A positive rebound here can create the way towards more resistance areas.

Source: X

If momentum gathers pace, traders will be looking for upside levels such as $28.03 and $32.39 as rally points. Overall sentiment across the crypto community remains optimistic, and ETC will profit if Bitcoin continues to stabilize. Meanwhile, everyone waits with bated breath to see if this demand area launches Ethereum Classic toward its next breakout.

Also Read: Ethereum Classic (ETC) Struggles Below Key Averages, Eye Breakout from $16–$18 Range

ETC Technical Analysis Signals Cautious Optimism

From the technical perspective, the RSI stands at 49.47, just below the neutral 50 mark level, and the signal trend line came in at 52.32. This placement reveals a consolidation trend where neither bulls nor bears establish a distinct dominance over the market forces. Even though a gentle rebound manifests some bullish pressure, the momentum as a whole stays balanced and indecisive.

Source: TradingView

MACD lies at 0.14532, the signal line at 0.17251, and the histogram at -0.02719. The histogram’s minor descent into negative ground announces that bullish strength starts losing steam. Since the MACD and signal lines converge more closely together, this implies that the market is consolidating and might swing towards a bullish crossover if momentum gains strength.

ETC Community Votes Show Strong Bullish Trend

According to the data from CoinMarketCap, the community sentiment distinctly shows that a vast majority of users, approximately 81%, strongly believe in being bullish. This further means that the majority of voters are optimistic and confident as they anticipate positive development in the future. With 25K votes placed, the total market sentiment strongly favors enthusiasm and confidence.

Source: CoinMarketCap

Conversely, just 19% of the community has a bearish sentiment, an expression of fear and doubt. This minority reflects that some members remain doubtful regarding prospective performance and potential pitfalls. Overall, the statistics demonstrate definitively a predominance of bullish sentiment over bearish views, a demonstration of strong market optimism.

Also Read: Ethereum Classic Price Prediction 2025: Will ETC Hit $53.40?