Recently, Ethereum Classic has drawn close to its resistance at 45. However, the Evening Star reversal pattern and the RSI indicator, which is striving to leave the oversold area, suggest a fall of the cryptocurrency down to 37.
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As you can see on the chart, since the beginning of 2022, Ethereum Classic has reached a minimum on July 11 at 9.2 and reached a maximum on August 13 at 45.03.