Technical analysis by VIPROSE about Symbol ETC: Buy recommendation (5/24/2025)

📊 Technical SummarySupport Levels: $12.55 and $16.88 – both have historically acted as accumulation zones.Current Price: ~$18.55Resistance/Target Zone: $64.29 — this aligns with a historical resistance area and implies a +381% potential upside.Pattern Context: Price has been consolidating for nearly two years within a wide range after the 2021 peak. This long base often precedes explosive moves.🔍 Key ObservationsLong-term Base Formation: ETC is forming a strong multi-year base — a common precursor to major bullish breakouts.Historical Breakout Zone: The $12–$18 range acted as launchpad in 2021 and is now holding again.Massive Upside Potential: If the breakout is confirmed, a move toward $64.29 is realistic based on prior price action.🎯 OutlookBullish Bias while price holds above $16.88.Confirmation of breakout above ~$22–$25 range could trigger parabolic rally.Target: $64.29Risk: Breakdown below $12.55 would invalidate the setup.✅ ConclusionEthereum Classic is showing classic signs of a macro reversal. As long as it maintains the current accumulation zone, it remains a strong candidate for long-term upside.