Ethereum Classic (ETC) is currently priced at $13, experiencing a slight decline of 0.43% over the last 24 hours. The daily trading range has been relatively narrow, with a high of $13.06 and a low of $12.73, indicating limited volatility.

Trading volume stands at approximately 67.7 million, representing 3.37% of the market cap, which suggests moderate market activity. The short-term moving averages show a mix of positive and negative trends, with the 8 SMA ($12.87) and 13 SMA ($12.89) indicating minor upward momentum, while the 55 SMA ($13.41) and 144 SMA ($13.71) show downward pressure.

The 1-hour RSI at 57 indicates that the asset is nearing overbought territory, suggesting potential for short-term bullish movements. However, the 7-day RSI at 43 indicates that the asset is approaching oversold conditions, reflecting a bearish sentiment in the medium term.

Over the past week, ETC has decreased by 8.33%, and the 14-day change shows a similar downward trajectory of 8.89%. The 30-day price change is even more concerning at a decline of nearly 20%, indicating sustained bearish pressure.

With the all-time high of $167.09 reached in May 2021, the current price is significantly lower, highlighting a prolonged downtrend and loss of investor confidence. This backdrop, combined with mixed technical indicators and declining momentum, suggests that while there may be short-term trading opportunities, the overall outlook remains bearish.

Considering the current technical indicators and fundamental sentiment, the recommendation for Ethereum Classic (ETC) is a Hold. This stance allows for potential recovery while monitoring market conditions closely, as further declines could necessitate a Sell rating.