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Ethereum Classic / TetherUS

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ETC Don't Miss Out! Grab the Bull by the Horns and Invest Smartl## Ethereum Classic (ETC) - Fundamentals, Recent News, and Disclaimer **Fundamentals:** * **Launched:** July 2015 * **Network:** Blockchain * **Purpose:** Smart contract platform, decentralized applications (DApps) * **Key differences from Ethereum (ETH):** * Maintains original Ethereum blockchain history * Focuses on immutability and code is law principle * Different technical roadmap * **Current price:** $26.07 (as of 2024-02-18) * **Market cap:** $3.79 billion * **Rank:** #25 (CoinMarketCap) * **Circulating supply:** 145.6 million ETC * **Max supply:** 210.7 million ETC **Recent News:** * **ETC Cooperative raises $20 million for development:** February 2024, the organization supporting ETC development secured funding for ecosystem growth. * **ETC Labs launches Mantis wallet:** January 2024, a new non-custodial wallet specifically designed for ETC users. * **ETC integrates Chainlink oracles:** December 2023, enabling access to secure off-chain data for DApps built on ETC. * **Concerns about network congestion and scalability:** Ongoing discussions within the community about potential solutions. **Disclaimer:** * This information is for educational purposes only and should not be considered financial advice. * Cryptocurrency prices are volatile and can fluctuate significantly. * Investing in any cryptocurrency carries inherent risks. * Do your own research before making any investment decisions. **Additional Resources:** * Ethereum Classic website: (ethereumclassic.org) * CoinMarketCap ETC page: (coinmarketcap.com) * Ethereum Classic News: [ ]( ) Please note that this summary is based on information available as of February 18, 2024. I encourage you to stay updated on the latest developments by following the resources listed above.
Long
by MoonTradingForecast
ETC/USDT 1D Long-Term CHartI invite you to review the ETC chart in pair with USDT, on a one-day time frame. First, we will use the yellow line to determine the main upward trend line. However, using blue lines locally, it is worth marking the local upward trend channel in which the price is currently located. Moving on, we can move on to marking the resistance points. And here, after unfolding the Fib Retracement tool, there is significant resistance at the level of $28.39, and then the price must face a strong resistance zone from $30.17 to $32.44. Looking the other way, we can see that there is support at the level of $23.68, then there is support at the level of $21.33, and further there is support around the level of $18.33. When we look at the RSI indicator, we can see that we remain in the upper part of the range, but with room for price increases, while on the STOCH indicator, we are bouncing off the upper limit, which could potentially provide a rebound, but the current BTC increases keep the market in the growth phase.
by cryptodailyuk
ETC is pumping. Here is why and where to take profitETC is pumping, as we can see. I want to inform you that this uptrend should continue, and another 128% is likely in the next few days / weeks. Take profit at the 0.618 FIB, which is always a strong resistance. If you think ETC is going to go much higher, you can take profit at the previous major swing high. But to me, ETC is bullish, and the downtrend has ended. We see that we had a pretty long accumulation phase by whales as well. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades! Ethereum Classic (ETC) is a hard fork of Ethereum (ETH) that launched in July 2016. Its main function is as a smart contract network, with the ability to host and support decentralized applications (DApps). Its native token is ETC. Since its launch, Ethereum Classic has sought to differentiate itself from Ethereum, with the two networks’ technical roadmap diverging further and further from each other with time. Ethereum Classic first set out to preserve the integrity of the existing Ethereum blockchain after a major hacking event led to the theft of 3.6 million ETH. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Long
by Xanrox
12
ETC/USDT 4HInterval Chart ReviewHello everyone, I invite you to review the ETC chart in pair with USDT. First, we will use the yellow line to determine the downward trend from which the price went up and created a local upward trend channel. Moving forward, we will mark support places. And after unfolding the Fib Retracement grid, you can see support at $23.76, which has held the price several times, then there is support at $21.34, and then you can see strong support at $18.30. Looking the other way, we see that the price is testing the resistance at $25.83, then there is resistance at $28.40, and then there is a strong resistance zone from $30.22 to $32.50. There is a visible downward movement on the RSI indicator, but there is still room for growth, while the STOCH indicator also remains at the upper limit, which may potentially result in a price drop.
by cryptodailyuk
ETC/USDT | EthereumClassic |1D 👀Today, we'll consider adding a dinosaur of the market to the portfolio: 1. An old fork of Ethereum, which has faced many issues since 2016 but has nonetheless survived. 2. This clearly isn't the coin that will bring you tens of multiples, but it's worth noting that during the last bull run, the asset was priced at $130. - Not financial advice, trade with caution. ✅ Stay updated on market news and developments that may influence the price of EthereumClassic. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking. #Crypto #EthereumClassic #Investing #ETC
Long
by Nyskohuz
Ethereum Classic: Grayscale's Hidden Gem Ready for a Bull Run!Hello, crypto enthusiasts! Today, we're focusing on Ethereum Classic (ETC), a coin that's been quietly preparing for a breakout. ETC has a unique position in the crypto market, largely due to its significant backing by Grayscale, one of the largest digital currency asset managers. Grayscale's Ethereum Classic Trust is its third-most valuable single asset trust, holding more than $280 million worth of ETC. This represents a substantial institutional backing that could potentially attract more investors to ETC. What's more intriguing is ETC's historical performance during bull seasons. If you've been in the crypto space for a while, you might have noticed that ETC tends to pump quickly and significantly at least once every bull season. This pattern, combined with the current market conditions, suggests that ETC could be gearing up for another impressive run. Looking at the charts, ETC is showing promising signs. The technical indicators are bullish, and the price has been stable above key support levels. This, coupled with the fact that ETC has been quiet for a while, could mean that a sudden takeoff is on the short-term horizon.
Long
by Majnoonu
1
ETC/USDT Keep an eye on this support. Bounce or Break down ??💎 ETC's market trajectory recently has garnered significant attention. A week ago, ETC successfully breached a key resistance level and is currently in a retesting phase at what was previously a resistance, now serving as support. 💎 If this retesting proves to be valid and ETC bounces off this support level, it could signal an extension of its upward movement, probability challenging the strong supply and bearish Order Block (OB) areas. 💎 However, should ETC fail to maintain this support level, it might indicate a false breakout. In such a scenario, ETC's price could revert to a downward trajectory, possibly reaching the demand area around $18.7 to gather momentum for a potential bounce. 💎 In the event of such a downturn, ETC would be perceived as reentering a bearish phase due to the false breakout. For a bullish resurgence, ETC would need to reclaim and consolidate above the $24 support level. If ETC aims to resume its upward journey and reach projected targets, maintaining this level is crucial. Conversely, a breach of the $18.7 demand level could lead to further decline, potentially driving ETC towards a more substantial support area.
by MyCryptoParadise_Nathan
3