Ethereum Classic (ETC) is currently priced at $13.48, experiencing a 3.04% increase over the past 24 hours. The daily trading range has been relatively tight, with a high of $13.58 and a low of $12.84, indicating moderate volatility.

The trading volume stands at approximately 65.95 million, accounting for 3.17% of the market cap, which suggests healthy liquidity. The short-term moving averages reflect positive momentum, particularly the 13 SMA at $13.33 (+1.14%) and the 21 SMA at $13.28 (+1.47%), indicating potential upward price pressure.

In contrast, the 144 SMA shows a slight negative trend at $13.55 (-0.49%), suggesting some resistance at that level. The 1-hour RSI is at 68, signaling near-overbought conditions, while the 7-day RSI is more neutral at 48, indicating that the asset is neither overbought nor oversold in the medium term.

Over the last week, ETC has appreciated by 4.54%, but the 14-day change shows a slight decline of -1.15%, revealing a mixed short-term performance. The longer-term trend remains concerning, as the 30-day price change is down by nearly 20%, highlighting significant bearish momentum over the past month.

Given the current technical indicators and price action, Ethereum Classic is in a state of cautious optimism in the short term, but the longer-term trend remains bearish. Therefore, I recommend a Hold rating, as investors should monitor for further confirmation of upward momentum before considering a Buy position.