Analyze ETC



1.Structure & Pattern
• The chart is showing a large Cup & Handle or Parabolic Curve pattern.
• The parabolic curve from the bottom of 2019 to the present shows that the long-term growth trend is still being maintained.
• Each previous upcycle (2017 → 2021) had a very strong amplitude of increase compared to the previous bottom.



2. Important price milestones
• Old resistance zones: 46 USD, 175 USD, 705 USD ( are historical peaks ).
• Currently: The price is around ~23.6 USD, just rebounding from the accumulation bottom that has lasted from 2022 to 2025.
• The nearest resistance area: 46 USD — if broken, it will pave the way up to around ~90 USD ( coinciding with the mark "90.598" on the chart).



3. Cycle perspective
• Based on the previous rhythm:
• 2017 → 2018: Increased from ~0.6 USD to ~46 USD (x ~76 times).
• 2019 → 2021: Increased from ~3 USD to ~175 USD (x ~58 times).
• If the new cycle (2025–2027) maintains its structure, the target following the parabolic path and previous peaks could aim for over 700 USD ( as the point "705.270" on the chart ).
• The strong increase usually occurs after a 2–3 year accumulation phase, so 2025–2026 could be a breakout period.



4. Points to note
• Breakout risk: If the price falls below 15 USD, the parabolic structure will be broken, and the bullish cycle may be delayed.
• Strong resistance at 46 USD: There will often be a strong profit-taking phase here before continuing to rise.
• The altcoin market is heavily dependent on Bitcoin — if BTC enters a bull run, ETC will have the potential to achieve significant targets.



5. Reference strategy
• Short term: Observe the price reaction when it hits 30–35 USD (breakout from the downtrend line).
• Medium term: If the monthly candle closes above 46 USD, the likelihood of expanding to 90 USD is quite high.
• Long term: Hold the position if the parabolic pattern remains intact, potential target of 700 USD+ in 2–3 years.
ETC5.85%
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GateUser-e753d3f8vip
· 08-12 09:26
I have 2000 that I must keep.
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GateUser-e753d3f8vip
· 08-12 09:25
👍👍👍
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