Ethereum Classic (ETC) is currently trading at $11.33, showing a modest 24-hour change of 0.28618%. The daily price range is tight at 0.2%, with the high reaching $11.49 and the low at $11.29, indicating a period of low volatility.

Trading volume stands at 41,823,471, which corresponds to a volume-to-market cap ratio of 2.38%. The hourly moving averages reflect a bearish trend, with the 8 SMA at $11.38, down 0.44%, and the 144 SMA showing a more significant decline at $11.54, down 1.83%.

Technical indicators indicate weakening momentum, as evidenced by the 1-hour RSI at 44, suggesting a neutral position, while the 7-day RSI at 47 implies a potential lack of bullish momentum. Over the past week, ETC has seen a price drop of 5.43%, with steeper declines of 8.40% and 6.99% over the 14-day and 30-day periods, respectively.

Fundamentally, Ethereum Classic remains far from its all-time high of $167.09 reached in May 2021, highlighting a substantial decline and a market that has not yet recovered. Despite the low volatility, the bearish trend in moving averages and declining RSI values suggest a lack of buying pressure.

Given the current technical indicators, price trends, and overall market sentiment, the recommendation for Ethereum Classic (ETC) is a Sell. The combination of declining prices and bearish moving averages indicates that further downside may be likely in the near term.