Friday, August 29, 2025
SCRYPTO MAGAZINE
No Result
View All Result
  • Home
  • Crypto
  • Bitcoin
  • Blockchain
  • Market
  • Ethereum
  • Altcoins
  • XRP
  • Dogecoin
  • NFTs
  • Regualtions
SCRYPTO MAGAZINE
No Result
View All Result
Home Ethereum

ETC trading activity heats up – Will it be a hedge against a bearish ETH?

SCRYPTO MAGAZINE by SCRYPTO MAGAZINE
February 2, 2025
in Ethereum
0
ETC trading activity heats up – Will it be a hedge against a bearish ETH?
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


  • Ethereum Traditional’s buying and selling quantity surged to 584.46M, signaling rising investor curiosity amid ETH’s declining power.
  • ETC held above the important thing $22.50 help whereas ETH struggled under its 50-day transferring common, elevating questions on market shifts.

Ethereum Classic [ETC] has seen a barely higher development than Ethereum [ETH] of late, resulting in hypothesis that it might be absorbing the liquidity that the latter is shedding.

With each property displaying contrasting worth actions and quantity developments, buyers query whether or not ETC is rising as a viable various to ETH.

Ethereum Traditional’s worth motion: A combined development

Ethereum Classic traded at $24.54 at press time, reflecting a 1.72% intraday decline.

The value chart highlighted that ETC had entered a consolidation part after a robust December rally, buying and selling under its 50-day transferring common of $26.87 and above the 200-day transferring common of $23.15.

The truth that it stays above the 200-day MA means that ETC continues to be in a long-term uptrend regardless of short-term bearish actions.

Ethereum ClassicEthereum Classic

Supply: TradingView

ETC’s current worth motion has been marked by decrease highs, which may point out waning bullish momentum. Nevertheless, help on the $22.50 stage stays robust, suggesting a bounce may happen if the broader market stabilizes.

ETH’s loss, ETC’s achieve?

Alternatively, Ethereum traded at $3,090.12 on the time of writing, displaying a 0.86% decline for the day. Whereas ETH remained in a broader uptrend, it struggled to carry key help ranges.

The 50-day transferring common was $3,377.56, whereas the 200-day transferring common was $2,984.10.

A breach under the 50-day MA signaled a possible lack of short-term momentum, making Ethereum weak to additional draw back stress.

Notably, Ethereum’s buying and selling quantity has been truly fizzling out, with Santiment’s quantity chart indicating lowered participation from merchants.

This weakening curiosity may clarify why some buyers are shifting their focus towards Ethereum Traditional, which has demonstrated larger relative power.

Quantity developments: ETC’s rising momentum

A more in-depth take a look at Santiment’s quantity chart revealed that ETC had been experiencing a gentle enhance in buying and selling quantity, with a current excessive of 584.46M.

This uptick was an indication of renewed investor curiosity and rising confidence in Ethereum Traditional as a substitute for Ethereum.

Not like ETH, whose quantity has been declining, ETC’s liquidity remained strong, doubtlessly signaling a switch of market curiosity.

ETC volume trendETC volume trend

Supply: Santiment

Quantity spikes in late January 2025 aligned with worth actions, reinforcing the concept merchants are actively participating with ETC.

This shift might be because of hypothesis that ETC presents a hedge in opposition to Ethereum’s weakening momentum, or because of expectations of community developments that might favor ETC.

Ethereum Traditional’s subsequent transfer

Trying forward, ETC should keep its present buying and selling quantity and maintain above the $22.50 help zone to proceed positioning itself as a robust various to Ethereum.

If Ethereum’s weak point persists, there’s potential for ETC to realize additional traction. Nevertheless, buyers ought to look ahead to resistance close to $27.50, the place promoting stress has beforehand capped good points.


 Is your portfolio inexperienced? Try the Ethereum Classic Profit Calculator


On the macro stage, Ethereum Traditional’s correlation with Ethereum signifies that broader crypto market developments will play a job in its trajectory.

If ETH recovers, ETC may also profit, although its impartial quantity surge means that merchants are more and more treating it as a standalone asset reasonably than a spinoff of Ethereum.

Subsequent: THIS is how Dogecoin can lead the memecoin market comeback



Source link

Related articles

Spot Ethereum ETF Inflows Flip Bitcoin Once Again, Will ETH Outperform BTC?

Spot Ethereum ETF Inflows Flip Bitcoin Once Again, Will ETH Outperform BTC?

August 29, 2025
New Wallets Receive 78,891 Ethereum Worth $358M From FalconX – Whale Activity Surges

New Wallets Receive 78,891 Ethereum Worth $358M From FalconX – Whale Activity Surges

August 28, 2025
Tags: ActivityBearishETHheatshedgeTrading
Share76Tweet47

Related Posts

Spot Ethereum ETF Inflows Flip Bitcoin Once Again, Will ETH Outperform BTC?

Spot Ethereum ETF Inflows Flip Bitcoin Once Again, Will ETH Outperform BTC?

by SCRYPTO MAGAZINE
August 29, 2025
0

Ethereum has as soon as once more overtaken Bitcoin within the competitors for institutional consideration, with Spot Ethereum ETFs recording...

New Wallets Receive 78,891 Ethereum Worth $358M From FalconX – Whale Activity Surges

New Wallets Receive 78,891 Ethereum Worth $358M From FalconX – Whale Activity Surges

by SCRYPTO MAGAZINE
August 28, 2025
0

Trusted Editorial content material, reviewed by main business specialists and seasoned editors. Ad Disclosure Ethereum has confronted heightened volatility after...

Looking back: 2022 on ethereum.org

Development update #4 – ethereum.org

by SCRYPTO MAGAZINE
August 28, 2025
0

Hey Ethereum neighborhood! It has been a couple of months since our final replace so it is about time we...

Ethereum surges 6%, nears $4,600 – ETH/BTC ratio signals altcoin season ahead

Ethereum surges 6%, nears $4,600 – ETH/BTC ratio signals altcoin season ahead

by SCRYPTO MAGAZINE
August 28, 2025
0

Key Takeaways Ethereum is holding round $4,500. The ETH/BTC ratio dipped 3.7% off 0.04. However a breakout there might be...

ETHZilla Announces $250M Share Buyback While Holding Half-Billion in Ethereum – Here’s Why

ETHZilla Announces $250M Share Buyback While Holding Half-Billion in Ethereum – Here’s Why

by SCRYPTO MAGAZINE
August 28, 2025
0

Key NotesThe agency's complete belongings attain $704 million together with $215 million in money equivalents and digital holdings.ETHZ inventory surged...

Load More
  • Trending
  • Comments
  • Latest
Analysts’ 2025 Bull Market Predictions

Bitcoin Entering Second ‘Price Discovery Uptrend’, What’s Ahead?

January 21, 2025
Bitcoin Spot-Perpetual Price Gap Turns Negative

Bitcoin Spot-Perpetual Price Gap Turns Negative

December 23, 2024
Bitcoin Price Flashes Major Buy Signal On The 4-Hour TD Sequential Chart, Where To Enter?

Bitcoin Price Flashes Major Buy Signal On The 4-Hour TD Sequential Chart, Where To Enter?

December 24, 2024
Cardano Price Outlook: The $0.40 Threshold Could Unlock Doors to $1

Cardano Price Outlook: The $0.40 Threshold Could Unlock Doors to $1

December 23, 2024
Bitcoin could reach this unbelievable price by 2025, but these factors must align

Bitcoin could reach this unbelievable price by 2025, but these factors must align

0
XRP Consolidation Could End Once It Clears $2.60 – Top Analyst Expects $4 Soon

XRP Consolidation Could End Once It Clears $2.60 – Top Analyst Expects $4 Soon

0

Fed Can’t Hold Bitcoin, No Plans Yet To Change Law, Powell Says

0
Bears Take Full Control of the Market

Bears Take Full Control of the Market

0
Spot Ethereum ETF Inflows Flip Bitcoin Once Again, Will ETH Outperform BTC?

Spot Ethereum ETF Inflows Flip Bitcoin Once Again, Will ETH Outperform BTC?

August 29, 2025
I took this 360-degree camera around the world – why it’s still the most versatile gear I own

I took this 360-degree camera around the world – why it’s still the most versatile gear I own

August 29, 2025
Philippine Senator Pushes National Budget on Blockchain

Philippine Senator Pushes National Budget on Blockchain

August 29, 2025
Calm Before The Surge? Bitcoin Price Stability Signals Sustainable Rally Ahead

Calm Before The Surge? Bitcoin Price Stability Signals Sustainable Rally Ahead

August 29, 2025

Recent News

Spot Ethereum ETF Inflows Flip Bitcoin Once Again, Will ETH Outperform BTC?

Spot Ethereum ETF Inflows Flip Bitcoin Once Again, Will ETH Outperform BTC?

August 29, 2025
I took this 360-degree camera around the world – why it’s still the most versatile gear I own

I took this 360-degree camera around the world – why it’s still the most versatile gear I own

August 29, 2025

Categories

  • Altcoins
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • Market
  • NFTs
  • Regualtions
  • XRP

Recommended

  • Spot Ethereum ETF Inflows Flip Bitcoin Once Again, Will ETH Outperform BTC?
  • I took this 360-degree camera around the world – why it’s still the most versatile gear I own
  • Philippine Senator Pushes National Budget on Blockchain
  • Calm Before The Surge? Bitcoin Price Stability Signals Sustainable Rally Ahead
  • Crypto Applicants Often Fail In The Interview Process — This Is Why

© 2025 SCRYPTO MAGAZINE | All Rights Reserved

No Result
View All Result
  • Home
  • Crypto
  • Bitcoin
  • Blockchain
  • Market
  • Ethereum
  • Altcoins
  • XRP
  • Dogecoin
  • NFTs
  • Regualtions

© 2025 SCRYPTO MAGAZINE | All Rights Reserved