Ethereum Classic (ETC) is currently priced at $14.26, reflecting a 24-hour decline of 2.61%. The asset has experienced a daily range of $1.01, with a high of $15.11 and a low of $14.10, indicating moderate volatility.

Trading volume stands at approximately 95.8 million, representing 4.36% of the market cap. This volume, while decent, is not sufficient to indicate strong buying interest at current levels, especially given the downward price action.

The moving averages indicate a bearish trend, with the 8 SMA at $14.90 showing a decline of 4.32%. Longer-term moving averages, like the 144 SMA at $15.24, reflect a significant downward trend of 6.40%, suggesting sustained selling pressure over the medium term.

The 1-hour RSI is at 30, indicating potential oversold conditions, while the 7-day RSI at 45 shows that momentum is still weak. The asset has also experienced price declines over multiple time frames, with a 7-day change of -12.43%, a 14-day change of -3.05%, and a 30-day change of -7.68%.

Despite the long-term potential of Ethereum Classic, current technical indicators reveal a lack of upward momentum and continued selling pressure. The significant gap from its all-time high of $167.09 also highlights the challenges ahead for recovery.

In summary, the combination of bearish moving averages, weak RSI readings, and negative price changes over various periods suggest that ETC is currently facing headwinds. Therefore, the recommendation is to Hold, as a potential rebound may occur, but immediate bullish signals are absent.