<a href="https://coinmarketcap.com/currencies/ethereum-classic/">Ethereum Classic</a> (ETC) against the USD experienced a swift rally thereby propelling it into the leading ten lists. The buyers were able to push the<a href="https://www.cryptoknowmics.com/crypto/price-analysis-of-eosusd-and-xlmusd/"> price</a> over the rigid overhead barrier at $10. The sustenance of the price over this level will reveal the beginning of a fresh uptrend.

On the upside, the focus should be on $12.04 and the crossing of this level could foster the rally towards $16.60. The moving averages are sloping higher while the RSI is within the overbought zone, suggesting the bulls’ control.

The bullish forecast will not hold following the failure to maintain a price level of over $10. If that is the case, the price could decline to the latest lows at $7.7853. Things will become negative for ETC against the USD following a decline beneath this support.

As for Stellar (XLM)/USD, its price was able to bounce off the 20-day EMA. There will be efforts by the buyers to take the price over the latest highs at $0.066261. If the buyers succeed, the pair could rally to the immediate overhead barrier at $0.088708.

On the other hand, the turning down of the price from $0.066261 could make the pair to stay within a range for a few days.

Things will become negative for the pair following a turning down and decline beneath $0.054954. The price may further dip to $0.051014.

Price Analysis of Ethereum Classic(ETC) and Stellar (XLM)

Ethereum Classic (ETC) against the USD experienced a swift rally thereby propelling it into the leading ten lists. The buyers were able to push the price

An engineering graduate, Prashant focuses on UK and Indian markets. As a crypto-journalist, his interests lie in blockchain technology adoption across emerging economies.

Price Analysis of Ethereum Classic(ETC) and Stellar (XLM)

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