BITmarkets Team
Jul 30, 2026
With ETC now trading close to its yearly low, traders may be watching to see whether the current support can provide a base for recovery or whether further downside remains possible.

ETCUSD - 1 Day Time Frame
ETC is currently trading around $6.60, slightly above the immediate support level at $6.50, which marks a new low for 2026. This area has become the nearest technical level for buyers to defend and could determine whether the token stabilizes or extends its decline.
On the upside, the first important hurdle is the $7.00 support/resistance level, which is currently acting as resistance. A sustained move above this area could improve the short-term technical outlook and suggest that buying pressure is beginning to strengthen.
For now, however, ETC remains within a broader bearish structure. As long as price stays below the nearby resistance levels, the token could continue consolidating close to its yearly low while the market searches for clearer direction.
If ETC manages to break above the $7.00 resistance and establish it as support, the next upside target could be the $7.70 resistance level. This area previously acted as an important reaction point and may attract renewed selling pressure.
Should bullish momentum continue beyond $7.70, attention could shift toward the $8.50 resistance level, last seen toward the end of May 2026. Reaching this area would represent a stronger recovery and would likely require improving sentiment across the broader cryptocurrency market.
Conversely, failure to hold above the $6.50 support could weaken the current structure and expose ETC to further downside. Much of the token’s next move could also depend on broader crypto market sentiment, macroeconomic conditions, and geopolitical developments, making these factors important to monitor alongside the key technical levels.
Crypto assets are unregulated, decentralised and highly volatile assets which entail substantial risks and you may lose all invested capital. Refer to the Disclaimers for detailed information on potential risks.