Ethereum Classic: Which way will triumphant bulls head next?

Strong inflow of trading volume initiates bullish break of sideways structureETC bounced off the key support level of $13.31 to steam the severe losses it had suffered from the bearish swing. The dip to $13.31 created a price imbalance, which was slowly filled as price recovered. This led Ethereum Classic to trade sideways between 10 June to 20 June.as the key to a significant bullish breakout. A slight uptick in volume on 21 June saw ETC break the minor resistance at $16.

Bulls firmly have the $20.27 level in sight and sustained trading volume could see this target met. Buyers can wait for a retest of the $17.66 support before riding the bullish wave to $20.27.

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