Ethereumclassic
ETC 1D Price is near the all-time high, where next?Today we will look at the price action of ETCUSDT
In just over a year of growth, the price of ETCUSD rallied by making x17, finally reaching an all-time high that was set back in early 2018.
On the one hand, it seems like x17 is a good result, but if you take into account the fact that ETC is a fork of ETH and +|- repeats the price movement behind it, we think the result is not very impressive. Ethereum is 60 times more expensive than EthereumClassic, and it was able to update the 2018 absolute maximum more than twice in the same time.
By the way, here we have a series of ideas for ETHUSDT
So, Classic is now for the second time trying to update the 2018 maximum, which was around $47 and so far it has not been very successful.
Now the most positive scenario for the growth of the price of ETCUSDT is a possible break of the stops of shorts, which can hide above $50 . Such actions can provoke squeeze growth to the $57-60 area.
Above growth is not yet visible for us.
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Expanse ($EXP) Another hidden Ethereum fork gem 💎 60x gains.Just take one good look at the 5 year chart. Look at Ethereum and Ethereum Classic and compare. Expanse is a sleeping giant.
Expanse is an open blockchain platform forked from Ethereum that lets anyone build and use decentralized applications that run on blockchain technology. This is one of the most active for mining and has been flying under the radar. Major volume consolidation happening. This one has not popped yet.
Previous high was over $9.00 per coin. That's potential for 60x gains at least.
Financial disclaimer in the signature. DYOR.
Good luck.
Ethereum chart review Ethereum is still the most important chart for alts traders at current market. While BTC doing its dirty choppy business ETH is building higher lows and highs.... and every time it does it again the whole market gets another portion of bullishness. My target zone stay the same - 53500-56000. Above will be 64000 and 71000 from the same historical period.
PSA: Beware of "Zombie Chains" - ETC, MIOTABitcoin, Ethereum, and most of the projects out there have never had their protocol compromised. There are a few exceptions -- the biggest ones being Ethereum Classic (ETC) and MIOTA. ETC had their protocol compromised by a 51% attack, MIOTA's system is most likely not even a real blockchain, after being audited by the MIT Technology Review. But we call them "zombie chains" because the blockchain allows for these projects to persist, even though it's dead.
$ETC BUY SIGNAL - MOVING MORE THAN ETHA better play off of the ETH move on a longer time frame. ETC has been double and tripling versus ETH's slower than anticipated climb above $2000 and $2500.
Would rather allocate more funds into ETC over ETH for the time being as this weekly trend is a little younger. Better to be a little bit earlier in something that has a higher probability of outsized returns.
ETC to new ATH in short orderETC successfully bounced off the .382 level on the fib just as previously predicted. It's now pushed (albeit somewhat sideways) through the recent downtrend. The crypto market has been skittish of late with the risk of DOGE (which many view as worthless) and the rapid fall of Bitcoin; however, with both bitcoin stabilizing and Dogecoin seemingly turning into the crypto pumpkin, there's $50B worth of Dogecoin market cap that's likely going to be spread around the other altcoins - and especially into a solid performer like ETC.
I put my money where my mouth is - 75% of my crypto portfolio was just funneled into ETC as the best altcoin alternative to DOGE.