ETC moves 30% higher, racing past its $40.00 resistance level.
Following a low of $32.20 to start the week,Today’s rally saw ethereum classic breakout of a recent ceiling of $40.00, hitting its highest point since August 18 in the process.As seen on the chart, this breakout comes as the 14-day relative strength index also pushed through a resistance of its own.
The next point of resistance in the indicator looks to be the 66.50 level, and if reached, we could seeAvalanche also resided in the green during today’s session, with the token climbing by nearly 8%. This move, which saw prices climb for a fourth consecutive day, resulted in avalanche hitting its highest point since August 30.Honing in on the chart, it can be seen that the RSI is also near a resistance of its own at 43.10, and is currently tracking at 41.21.
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