However, the broader market is down so it can be expected. It is well and truly oversold and with an air drop coming up it is possible that ETC could turn the corner in the coming days. Look to see if it can break out of the support with some green candles and some decent . If that happens there is a chance of recovery.
Too hard to call for me right now. I want to be but I'm struggling.
I'll wait to see if it falls below and provide further updates. One would think it can't go much lower. There is another, possible stronger, coming up at around $18.70. Might be a good buy-in.
ETC may drop to between 18c and 20c which presents good value for those looking to secure before air drop.