It lives! (Does it?)Well, seems that our most HODLed crypto (in the last weeks) is trying to give some life signs. The orange line was a support line I drew a couple days ago believing it would bounce there following fib retracement levels. It failed and became a resistance that was now broken. The thing is, the MACD has given some signals, and the RSI has come back from the oversold area. On the other side, since the dump started, KRAKEN:ETCUSD has been moving in between the middle and lower Bollinger bands. The bands are coming together, and it might represent an opportunity for it to go over the average. Let's see is classic is coming... back.
Ethereum-classic
is ETC fooling everyone?4 cool updates coming;
05 March 2018
Ethereum Classic (ETC)
Callisto Airdrop
(Added 12 January 2018)
The first Callisto sidechain release and a free airdrop of the new token Callisto-coins for ETC holders. 1:1 ratio
PROOF SOURCE
Validation (3670 votes)
31 March 2018 (or earlier)
Ethereum Classic (ETC)
Wallet Release
(Added 08 January 2018)
First public release of Emerald Desktop Wallet & Warp sync in Geth
PROOF SOURCE
Validation (1343 votes)
30 April 2018 (or earlier)
Ethereum Classic (ETC)
Beta Mobile Wallet
(Added 08 January 2018)
Beta of Emerald Mobile Wallet & Disable difficulty bomb
PROOF SOURCE
Validation (1150 votes)
31 May 2018 (or earlier)
Ethereum Classic (ETC)
ETH Compatibility
(Added 08 January 2018)
Working prototype of Sidechain & Enable new Opcodes for compatibility with ETH
PROOF SOURCE
Validation (1014 votes)
ETC Looks interestingETC looking gooooood. Tons of volume came in to buy the dip the past 45 days and we are now starting to see a new trend upward. 10ema closing above the 50SMA and it appears a crossover with the 77EMA is imminent. We are seeing a breakout out 285k ascending triangle, and Many bullish indicators on this one, RSI upward convergence and looks like KST momentum is shifting upward. Looking for a pause around 320k before reassessing.
ETC huge potential based on fundamentalsETC held very strong against BTC during the correction these past few weeks; not even breaking existing support like some of the top bullish coins like XLM.
ETC has an upcoming airdrop on march 05. ETC holders will receive Callisto (CLO) coins at a 1:1 ratio!!
CLO is going to solve the scaleability issues of ETC and allow staking of the CLO coins.
we know what 1:1 airdrops have done in the past! With NXT and ZCL both doing over 1,600% in the weeks prior to their snapshot.
with all the blood in the water lately I don't have a clue what targets can be set for this upcoming rally, but if BTC will allow it, this coin should see a nice positive run.
If you like this idea, or are generally bullish on ETC, please like and comment so others can see this great opportunity. or even better, post your own idea on ETC
feel free to leave personal targets, news, or feedback in the comments as well.
$ETC looking to break out$ETC is looking bullish on the four hour. Big fan of using different indicators to look for patterns and we have a match on the stoch rsi. Every time we get a cross under 20 on the four hour we pump anywhere from 6k to 10k sats. We're about to cross over, the 4hr candlesticks are consolidating and the Castillo fork was just announced for the coming month. All signs point to testing the 33-35k sat mark again soon with the potential of 2x-3x.
In regards to the long, we just finished a double bottom (orange ovals) showing that the market has corrected and is beginning another market cycle. Also, the Castillo fork will bring huge news to the coin in the coming month. Hodl.
Good entry for both long and short: ~25-26k sat
Short: 33k sat
Intermediate: 45 to 50k sat
Long: 75k+ sat
ETC: The Ethereum Underdog- ETC reaching 36 dollars as it looks to reach back up to it’s ATM high of 43
- Showing similar price recovery patterns to Ethereum
If you think that Ethereum classic is the little brother of Ethereum, you would be mistaken. ETC is actually ETH’s competitor, and the story bears a long and interesting history. Here’s a good article on the history of two from blockgeeks: blockgeeks.com
I’ve always viewed the classic ether similarly to Litecoin. A lower price tag with some decent price movements. The question is whether it will follow Litecoin’s path and break free of the 100 dollar level and enter the 200 and 300 dollar region. Could be the case should Ethereum actually break free of the 1000 dollar price level which it struggles to establish support at.
Ethereum Classic Up To $80?Following the previous idea on Ethereum Classic , after testing the 161.8% resistance it corrected down towards the uptrend trendline. The downtrend trendline has been rejected, then 127.2% Fibs and then 161.8% Fibs, all were rejected and ETC/USD produced a new all-time high.
Higher highs and higher lows pattern remain and price action suggests the continuation of the uptrend. However, both support levels must be watched for a potential breakout which could add another corrective wave down. And only break below the 200 Moving Average could invalidate bullish outlook.
The upside target is seen around $70. The first target is 427.2% Fibs at $72 and second is 461.8% Fibs at $77. At this point, the uptrend momentum could accelerate and the upside target should be reached in the shortest timeframe.
Ethereum Classic || the REAL Ethereum?Recent BCH pump proves how important governance fundamentals are to the price movement any crypto currency. Ethereum Classic maintains the immutability of the original censorship-resistant Ethereum blockchain. The Ethereum Classic Summit is hosted this week in Hong Kong. Grayscale Investments provides an opportunity for institutional investors to gain exposure to three coins: Bitcoin, ZEC, and Ethereum Classic. Ethereum has the Vitalik Buterin advantage, but that is becoming more and more of a liability. Recent parity attack damages the Ethereum reputation & more ICOs will eventually be launched using $ETC.