Crypto markets still moving up; Litecoin, Bitcoin Cash and Ethereum Classic leading the way. The momentum has continued throughout the weekend and crypto markets remain buoyant this Sunday. More movement from Bitcoin has pushed total market capitalization up towards $180 billion which is the highest it has been since November. Bitcoin is up again as…
Key Highlights Ethereum classic price declined towards the $5.00 support and recovered against the US dollar. There was a break above a key contracting triangle with resistance at $5.55 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is currently placed nicely above $5.40 and it could correct higher towards…
Ethereum Classic (ETC) down 7.8 percent Atlantis may prime ETC bulls aiming at $25 By syncing with other assets, ETC gains were decent. At a precipice, there must be upswings above $10 to reaffirm the presence of buyers ahead of September 2019 Atlantis upgrade. Ethereum Classic Price Analysis Fundamentals Like Ethereum, Ethereum Classic retained smart…
This past week Ethereum Classic suffered not one, but two 51% attacks. The culprits were able to make off with millions as a result. While this doesn’t directly cause the underlying network to slow, due to the attacks this cryptocurrency’s confirmation times have increased drastically. Exactly how bad have these attacks hurt ETC? Crypto As…
Ethereum Classic (ETC), a decentralized, open-source and blockchain-based cryptocurrency, might soon lose its current momentum that allowed it to become one of the top performing crypto assets for the past week. A quick review at some data points for the digital asset reveals that it is currently trading at an overbought position which might cause…
As the crypto market trended to the downside, Ethereum Classic (ETC) took advantage. The original Ethereum blockchain records double-digit profits across multiple timeframes and seems on track for future appreciation. Related Reading | Cardano Moves In The Red With The Market, Can The Price Of ADA Stay Above $0.46? At the time of writing, Ethereum Classic…
Bitcoin failed to recover above $39,500 and declined against the US Dollar. BTC remains at a risk of more losses and could even test $35,000. Bitcoin struggled to recover above the $39,500 and $40,000 resistance levels. The price is trading below $38,000 and the 100 hourly simple moving average. There is a major bearish trend…
The overall crypto market shows signs of price reversal from the downtrend, boosting investors’ confidence. To start with, the week started well for BTC as the market saw its price above $22K. Bitcoin had traded below the $20K price mark until the close of the market on September 9, when it hit $21,381.15. BTC managed…
Similarly to Bitcoin and other altcoins, ETC (Ethereum Classic) has been severely impacted by the FTX liquidity crisis. CoinGecko data show that the historical performance of the coin on the daily, weekly, biweekly, and monthly time frames is not promising for the ETH fork. The most noticeable depreciation among these was recorded for the bi-weekly time…
There was a 5% loss in value for ETC over the past day. The Ethereum Classic coin has continued its fall on longer time frames since the July spike. Ethereum Classic bears were unable to withstand the selling pressure after the fork attempted to maintain a price above the $27 support line. As of this writing, ETC…