Ethereum Classic (ETC) is currently trading at $14.25, reflecting a slight decline of 1.50% over the past 24 hours. The asset has experienced a daily range of $0.80, with a high of $14.47 and a low of $13.67, indicating a relatively stable price movement within this period.

Trading volume stands at approximately 84.47 million, representing 3.82% of the market cap, suggesting moderate interest in the asset. The short-term moving averages indicate mixed signals, with the 21 SMA showing a minor upward trend at $14.17, while the 55 SMA indicates a downward trend at $14.37.

The 1-hour RSI is currently at 62, suggesting a near-overbought condition in the short term, while the 7-day RSI at 47 indicates a neutral position overall. Over the last week, ETC has seen a price decline of 8.37%, indicating bearish momentum, supported by further declines of 1.45% over the past 14 days and 9.89% over the past 30 days.

From a fundamental perspective, Ethereum Classic remains significantly below its all-time high of $167.09, which was reached in May 2021. The continued downward pressure and recent price declines suggest that market sentiment may be weak, leading to potential resistance at higher price levels.

Considering the current technical indicators and market conditions, the outlook for ETC appears cautious. The mixed signals from moving averages, coupled with bearish momentum over the past month, suggest that investors should be wary of entering new positions at this time.

In conclusion, I recommend a Hold rating for Ethereum Classic (ETC). The current price does not show strong upward momentum, and existing investors may want to wait for clearer signals of recovery before making further moves.