Technical analysis by Alpha-GoldFX about Symbol ETC: Buy recommendation (7/19/2025)

Alpha-GoldFX

Ethereum Classic (ETCUSDT) is currently showing strong bullish potential as it emerges from a long-term accumulation zone. The weekly chart highlights a clearly defined support range where ETC has consistently rebounded in past cycles, and recent price action suggests another powerful move to the upside is brewing. With increased volume and momentum forming around the $15–$17 range, the price has broken out with significant strength, targeting an impressive 240% to 250% rally in the mid to long term. Technically, ETC has printed a long-term rounded bottom pattern, signaling a possible trend reversal. Such formations often lead to explosive upside moves once the neckline resistance is broken, and ETC appears to be in that breakout phase now. A projected target near $80–$95 aligns well with historical resistance zones from previous bull runs. This is an ideal setup for position traders looking for a high-risk, high-reward opportunity. Investor sentiment around Ethereum Classic is turning bullish again, driven by renewed interest in proof-of-work (PoW) assets and a potential alternative to Ethereum following its full transition to proof-of-stake. With Ethereum Classic maintaining its original blockchain structure, it continues to attract a niche set of supporters and miners. Growing community support and speculative demand could be key drivers behind this expected price surge. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is You opinion about this Coin) Your feedback and engagement keep me inspired to share more insightful market analysis with you!