Ethereum Classic (ETC) is currently trading at $13.77, reflecting a 2.77% decrease over the past 24 hours. The daily price range has been narrow, oscillating between a high of $14.26 and a low of $13.63, indicating low volatility within this trading session.

The trading volume stands at approximately 48.2 million, with a volume-to-market cap ratio of 2.27%, suggesting moderate market interest. Short-term moving averages indicate a bearish trend, with the 8 SMA at $13.80 showing a decrease of 0.25%, and the longer-term moving averages also reflecting downward pressure, notably the 21 SMA at $13.95 down 1.30%.

The 1-hour Relative Strength Index (RSI) is extremely low at 22, indicating that ETC is oversold in the short term, which may prompt a potential price rebound. Conversely, the 7-day RSI at 50 suggests that the asset is neutral in momentum, while the 30-day price change of -4.30% highlights a longer-term bearish trend.

Fundamentally, Ethereum Classic remains far below its all-time high of $167.09, recorded in May 2021. The recent price action, combined with an overall bearish sentiment reflected in the moving averages and price changes, suggests a lack of strong bullish catalysts at this time.

Considering the current technical indicators and market conditions, the recommendation for Ethereum Classic is a Hold. The oversold status on the short-term RSI may provide an opportunity for a minor bounce, but the overall trend remains negative, suggesting that entering new positions could be risky until a clearer bullish signal emerges.