Ethereum Classic (ETC) is currently trading at $12.01, reflecting a 24-hour change of 4.12%. The price has fluctuated between a daily high of $12.18 and a low of $11.52, indicating a daily range of 0.66%, which suggests moderate volatility in the short term.

The trading volume stands at approximately 59.35 million, with a volume-to-market cap ratio of 3.19%. This volume level is relatively healthy, implying a reasonable amount of trading activity and interest in ETC at its current price point.

Looking at the hourly moving averages, the 8 SMA is at $11.99, indicating a slight upward momentum, while the 13 SMA shows a stronger increase at $11.86. The 21 and 55 SMAs both hover around $11.73, indicating consistent support, while the 144 SMA at $11.91 also suggests a bullish trend in the short to medium term.

The 1-hour RSI is at 73, which suggests that ETC is in overbought territory, potentially indicating a price correction could be imminent. In contrast, the 7-day RSI is at 52, suggesting the asset is neither overbought nor oversold in a longer timeframe, allowing for some price stability.

Over the past week, ETC has gained approximately 1.05%, while the 14-day change is 0.78%, indicating a slight recovery trend. However, the 30-day price change shows a decline of over 13%, suggesting that the asset has faced significant downward pressure over the past month.

Despite the recent short-term uptick, the overall trend shows that ETC is still far from its all-time high of $167.09 achieved in May 2021. The combination of a high RSI in the short term and a longer-term bearish trend necessitates caution.

Given the recent price action and technical indicators, the recommendation is to Hold Ethereum Classic (ETC). The current overbought signal in the short term warrants caution, while the longer-term indicators do not yet support a bullish outlook.