Ethereum Classic (ETC) is currently priced at $12.73, reflecting a 24-hour change of -1.235%. The daily trading range has been relatively narrow, with a high of $13.16 and a low of $12.69, indicating a minor volatility level of 0.47%.

The trading volume over the last 24 hours is approximately $46.9 million, translating to a volume-to-market cap ratio of 2.37%. Short-term moving averages indicate a bearish sentiment, with the 8 SMA at $12.83 showing a decline of 0.81%, and the 13 SMA at $12.89 down 1.25%.

The 1-hour RSI is critically low at 14, suggesting that ETC is in oversold territory, which typically signals a potential price rebound. In contrast, the 7-day RSI is at a neutral 53, indicating that while there is some bullish momentum in the medium term, it is not yet strong enough to counterbalance recent downward pressure.

ETC has exhibited a 7-day price increase of approximately 1.64%, but a 14-day price change shows a slight decline of 0.46%. However, the 30-day price change reveals a more favorable trend with a gain of 5.45%, indicating that the asset has positive momentum over a longer timeframe.

The all-time high for Ethereum Classic remains significantly distant at $167.09, reached on May 6, 2021. Current price levels reflect a steep discount from historical highs, which may attract long-term investors looking for undervalued opportunities in the market.

Considering the current technical indicators, the oversold 1-hour RSI coupled with a slight upward movement over the past month suggests a potential reversal. Nevertheless, the bearish short-term moving averages indicate caution.

Given the mixed signals from both technical and fundamental perspectives, the recommendation for Ethereum Classic (ETC) is a Hold. While there is potential for a rebound, the prevailing bearish sentiment in the short term warrants a careful approach before committing further capital.