$ETH Ethereum Classic (ETC) is currently trading at $12.89, with a 3.11% increase in the last 24 hours. The market cap is $1.99 billion, and the 24-hour trading volume is $65.29 million. ETC has broken out of the Falling Wedge pattern and is looking bullish, with targets of $12.600 - $12.900 - $13.200 ¹ ² ³.
*Key Developments:*
- _Olympia Upgrade_: Proposed to introduce an on-chain treasury and decentralized governance to fund future development.
- _Institutional Interest_: Grayscale filed for an IPO that includes its Ethereum Classic Trust (ETCG), potentially paving the way for increased institutional exposure.
*Technical Analysis:*
- RSI is at 54, indicating room for upside before overbought conditions.
- MACD shows a bullish crossover, suggesting a potential price increase.#ETH