Ethereum Classic [ETC] technical analysis and Price prediction 2018, 2020

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August 22, 2018 by
Ethereum Classic [ETC] technical analysis and Price prediction 2018, 2020

Akin to the other coins in the crypto market Ethereum Classic [ETC] has actually fallen because the past few days. The coin is on a downtrend supporting itself for a bearish market.

ETC/USD
ETC rates have actually fallen over 9% in the past few days. The prices have actually moved over to trading in a bearish zone. The 100 EMA line showing a drop is trading at $12.96. The rates discovered support at $12.768 as well as appear to be bordering close to the resistance level discovered at $13.275. The buyer stress is making the rates move closer in the direction of the 100 EMA line which will certainly assist the rates resume an uptrend. ETC is presently trading at $12.716 and also is obtaining over USD by 2.43%.

ETC/BTC
At the time of composing one ETC amounts to 0.0019 BTC and also is shedding versus BTC by 0.73%.

ETC rate forecast 2018, 2020
According to Smartereum, ETC costs would certainly reach around $65 by the end of the year. In 5 years the coin is expected to be valued at $171.

Longforecast forecasts the coin rates to close at $11 at the end of this year. By the end of 2020, the coin is forecasted to reach around $32.

ETC newest Updates
Grayscale, a cryptocurrency-focused investment trust, declared that its Ethereum Standard [ETC] holdings have gone beyond various other digital money. The holdings in ETC have actually reached $90 million, as well as is 2nd just to Bitcoin [BTC], inning accordance with Grayscale’s listing.
Bittrex, a U.S.-based crypto exchange, will soon provide UNITED STATE buck (USD) trading for Ethereum Standard [ETC], together with Surge’s XRP. The exchange prepares to release the brand-new USD trading pairs on August 20.
Evolve markets, a foreign exchange crypto trading system has actually introduced the listing of ETC on its exchange system.

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