Disclaimer: Not a financial advice, only for educational purpose
Ethereum Classic has a very strong Pump from the support Line, Buyers are filling their bags. Don't Miss this Great buying opportunity. There can also be temporary Retracement to $33, So if you don't want to buy Now wait and hold your stablecoins for the right Move.
RSI also breaks out of Resistance line and showing strong strength, can also retest upper resistance line around $32-34.
Strong Fundamental analysis:
- Ethereum Merge can push price upside
Technical analysis:
- Breakout of upper resistance line
- RSI Indicating strong upward strength
- Breakout of moving average will confirm upward move.
Target Points:
What is Ethereum Classic?
A transparent, decentralized, distributed financial network that uses distributed LEDGER and supports smart contracts is called Ethereum Classic (ETC).
The 2016 The Decentralized Autonomous Organisation hacking led to the creation of Ethereum Classic.
Difference between Ethereum Classic and Ethereum-
- Ethereum is moving towards staking whereas ETC will continue Its Mining consensus mechanism.
- The 2016 Decentralized Autonomous Organisation hacking led to the creation of Ethereum Classic.
