Ethereum Classic Tests Crucial Support at $14.30 Amidst Continued Decline

Ethereum Classic (ETC) is currently hovering near a critical support level of $14.30, with the coin’s price facing further downward pressure. This key threshold could trigger a significant market drop if prices fall below it, potentially leading to a slide towards $8.00. The recent decline has led to ETC breaking through fundamental Fibonacci levels, resulting in potential bearish targets of around $8.20 and $6.89.