Ethereum Classic (ETC) is currently priced at $14.19, reflecting a 24-hour change of -2.78%. The price has fluctuated between a daily high of $14.62 and a low of $13.67, indicating a daily range of 0.95%, which suggests relatively low volatility.

Trading volume over the last 24 hours stands at approximately 79 million ETC, translating to a volume/market cap ratio of 3.61%. The hourly moving averages indicate a bearish sentiment as the longer-term moving averages (55 SMA at $14.38 and 144 SMA at $14.79) are trending downward, while the shorter-term averages show minimal upward momentum.

The 1-hour RSI is at 44, suggesting that ETC is nearing the oversold territory, while the 7-day RSI is slightly higher at 47, indicating a lack of strong buying or selling momentum in the short term. Over the past week, ETC has decreased by approximately 7.19%, and the 30-day price change shows a more significant decline of around 11.29%, highlighting a bearish trend.

Historically, ETC reached an all-time high of $167.09 in May 2021, but the current price reflects a substantial depreciation from that peak. Given the current price action, low volume relative to market cap, and bearish moving averages, the outlook remains cautious.

Considering the technical indicators and the ongoing bearish trend, a "Hold" rating is warranted for Ethereum Classic. Investors should monitor for signs of reversal or bullish momentum before considering any buying opportunities.