ETC Structure Is Improving, But Demand Needs Proof
ETC did deliver the July 2026 “Fifthening,” cutting the block reward 20% to 1.6384 ETC. The bigger development story is still the next protocol upgrade, but the fee-market/governance debate remains contested.
Price is around $8.84, roughly 70% below the 2025 high near $29.04. Your 1D chart shows a strong rebound from $7.07 to $10.40, but momentum has cooled and MACD has turned weaker.
The gap is traction: ETC’s DeFi TVL is only about $120K, with roughly $24 in daily fees and 1,900 active addresses.
Key support: $8.50, then $7.90.
First resistance: $9.56. A daily reclaim above it with volume would strengthen the setup; losing $7.90 it.
The real catalyst is sustained network usage and a credible, consensus-backed protocol upgrade.
This is a watch, not a long.
