Ethereum Classic (ETC) is currently trading at $13.99, reflecting a slight decrease of 0.45% over the past 24 hours. The daily trading range has been narrow, with a high of $14.17 and a low of $13.71, indicating limited volatility in the short term.

The trading volume stands at approximately 80,145,798, equating to a volume-to-market cap ratio of 3.71%. This relatively low ratio suggests that while there is some activity, the market capitalization isn't significantly influenced by current trading volume, indicating possible consolidation.

Looking at the hourly moving averages, the 8 SMA and 13 SMA are showing negative trends of -0.83% and -0.49%, respectively, which suggests short-term bearish momentum. However, the 21 SMA remains stable at $13.99, and the 144 SMA indicates a positive trend of +1.82%, hinting at potential support levels around $13.74.

The 1-hour Relative Strength Index (RSI) is at 61, which is near the overbought territory but still indicates bullish momentum in the short term. Conversely, the 7-day RSI at 55 signals a neutral stance, while the 7-day, 14-day, and 30-day price changes show significant downtrends of -2.04%, -10.89%, and -14.92%, respectively, indicating prolonged weakness.

Historically, Ethereum Classic reached an all-time high of $167.09 in May 2021, which creates a stark contrast to its current price and suggests substantial room for growth if market conditions improve. Nonetheless, the prevailing bearish trends over the past month and the recent price behavior raise caution among traders.

Considering the current technical indicators and historical performance, a Hold rating is recommended. While there are signs of potential support, the overall trend remains bearish, and further confirmation of upward momentum is needed before considering a Buy position.