#ETC# analysis ETC

1. Structure and Model
• The chart shows a large-scale cup and handle pattern or parabolic curve model.
• The parabolic curve from the end of 2019 to now shows that the long-term growth trend is still maintained.
• Each previous rising cycle (2017 → 2021) has shown a strong increase compared to the previous bottoms.

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2. Important Price Nodes
• Old resistance areas: 46 USD, 175 USD, 705 USD ( is the historical high ).
• Currently: the price is around ~23.6 USD, having just rebounded from the bottom range that lasted from 2022 to 2025.
• Recent resistance area: $46 — if broken, it will pave the way to reach about $90, which aligns with "90.598" on the chart.

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3. Periodic Perspective
• According to the previous pace:
• 2017 → 2018: Increased from ~0.6 USD to ~46 USD (x ~76 times).
• 2019 → 2021: Increased from about $3 to about $175 (x ~58 times ).
• If the new cycle (2025–2027) maintains its structure, the target is expected to follow a parabolic trend, with previous highs possibly pointing to above $700 (, as indicated by the "705.270" point on the chart ).
• A strong upward trend typically occurs after a consolidation phase lasting 2-3 years, so 2025-2026 may be the breakout phase.

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4. Notes
• Risk of breaking the model: If the price falls below $15, the parabolic structure will be broken, and the bullish cycle may be delayed.
• Strong resistance at $46: Typically, there will be strong profit-taking here before continuing to rise.
• The altcoin market is heavily dependent on Bitcoin—if BTC enters a bull market, only ETC will have the chance to reach greater targets.

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5. Reference Strategy
• Short-term: Observe the price reaction when it touches 30–35 dollars ( breaking the descending trend line ).
• Mid-term: If the monthly line closes above $46, the likelihood of expanding to $90 is quite high.
• Long-term: If the parabolic model remains unchanged, holding the position, with a potential target of reaching over $700 within 2-3 years.