Ethereum Classic (ETC) is currently trading at $13.97, reflecting a slight decrease of 0.87% over the last 24 hours. The price has oscillated between a high of $14.22 and a low of $13.76 during this period, indicating a daily range of 0.46%.

The trading volume stands at approximately 68.3 million, with a volume-to-market cap ratio of 3.16%, suggesting moderate trading activity relative to its market capitalization. The moving averages indicate a bearish sentiment with the 8 SMA at $14.06 showing a decline of 0.65%, while longer-term averages like the 144 SMA at $13.73 show an upward trend of 1.73%.

The 1-hour RSI is at 54, indicating a neutral position, while the 7-day RSI at 49 suggests a slightly bearish momentum as it hovers around the oversold threshold. Over the past week, ETC has seen a price drop of approximately 4.14%, and a more significant decline of about 11.53% over the last 14 days, indicating a bearish trend that has persisted.

The longer-term view is concerning, with a 30-day price change of -16.79%, reflecting ongoing downward pressure. The current price is substantially below the all-time high of $167.09, reached in May 2021, which emphasizes the potential for significant upside but also the prevailing bearish market conditions.

In conclusion, the technical indicators indicate a mixed outlook for ETC, with short-term moving averages suggesting bearish sentiment, while the longer-term averages are beginning to show signs of recovery. Given the current market conditions and the recent price performance, a Hold rating is recommended, as traders may want to wait for clearer bullish signals before committing to new positions.