Ethereum Classic (ETC) is currently priced at $9.36, reflecting a notable 11.28% increase over the past 24 hours. The asset reached a daily high of $9.40 and a low of $8.28, indicating a daily price fluctuation of 1.12%, which suggests healthy volatility and trading activity.

Trading volume stands at approximately $64.37 million, corresponding to a volume-to-market cap ratio of 4.42%. This indicates a moderate level of liquidity and interest in ETC, which can support further price movements in the near term.

The hourly moving averages show positive momentum, with the 8 SMA at $8.93 reflecting a 4.81% increase, while the 21 SMA at $8.60 shows an 8.88% gain. The 55 SMA has risen by 11.15%, and the 144 SMA indicates a 9.08% increase, collectively suggesting strong upward pressure on the short-term price.

The 1-hour RSI is significantly elevated at 92, indicating that the asset is overbought in the very short term. However, the 7-day RSI at 58 suggests that while the asset has gained momentum, it is not yet in an overbought territory, indicating potential for further price appreciation.

Over the past week, ETC has increased by approximately 9%, while the 14-day change stands at 16.32%, highlighting a solid recovery from recent lows. In contrast, the 30-day price change shows a decline of 17.68%, suggesting that while recent performance is positive, the asset has not yet fully recovered from previous downturns.

Given the strong technical indicators, particularly the bullish momentum in moving averages and the moderate RSI readings, the outlook for ETC appears favorable. However, the extreme short-term RSI level indicates a potential pullback could occur before further gains.

In conclusion, based on the current data and technical indicators, I recommend a Buy rating for Ethereum Classic (ETC). The combination of upward momentum and recent price action suggests potential for short-term gains, while the risk of a pullback should be monitored closely.