【ETCJPY】Rebound at the lower end of a small range
On August 11th post, in the article described as a “range asset like the Australian dollar,” Ethereum Classic is explained as having a large range: the upper around 2700 yen, the lower around 900 yen, with the market level around 1900 yen; in a smaller range, the upper around 2000 yen, the lower around 1200 yen, with the market level around 1600 yen. It states that currently it is moving toward the small-range 1300 yen. In reality, the decline accelerated, dropping to 1331 yen, then forming a wick and rebounding. Today, I want to watch whether it will again push toward the downside and how it reacts around the 1300 yen level.
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