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Ethereum Classic (ETC) Finds Bottom At $10, Forms A Bullish Hammer Reversal Candlestick

Ethereum Classic (ETC) has just formed a bullish hammer candlestick on the daily ETC/USD chart above, which followed by a green candle is a strong sign of a downtrend capitulation as it indicates that the bears have finally given up. This marks the beginning of a new cycle for Ethereum Classic (ETC) as a reversal is expected from these levels. The solid support of $10 has served as a historical demand zone for Ethereum Classic (ETC), and is a very strong one. As the chart above demonstrates, Ethereum Classic (ETC) rebounded strongly from the $10 support. The RSI had already...

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Ethereum Classic (ETC): A Hidden Gem On The Verge Of An Unprecedented Breakout

Ethereum Classic (ETC) is about to make history with an unprecedented breakout, the likes of which we have never seen before. The price is currently, trading in a diamond formation according to the ETC/USD weekly chart above, which interestingly enough, also forms the core of the Ethereum Classic (ETC) symbol. This diamond formation for Ethereum Classic (ETC) is an extremely bullish sign, one that could push the price beyond $100 in a matter of weeks. The last time Ethereum Classic (ETC) had such a rally was in early 2017 when the price shot up to enter the diamond formation. Since...

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Ethereum Classic Is Inspiring Institutional Investment

Grayscale Investments have reported a $90 million investment in Ethereum Classic holdings. Grayscale are a digital asset investment firm that help investors get into the world of cryptocurrency and digital investment. According to the Grayscale website: “Several digital currencies, each with unique comparative advantages, may radically transform legacy systems across nations and industries around the world, driving future economic growth and becoming more valuable as the keys to our digital, global economy. At Grayscale, we believe investors deserve an established, trusted, and accountable partner that can help them navigate digital currency investing. That’s why we are building transparent, familiar investment...

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XRP And ETC May Spike With This New Exchange Listing

Get ready – we’re adding more US dollar (USD) markets on @BittrexExchange. On August 20, we’re launching USD (fiat) markets for ETC & XRP. https://t.co/UVlW4g2B1h — Bittrex (@BittrexExchange) 8 August 2018 Industry leading cryptocurrency exchange, Bittrex, have announced that as of the 20th of August 2018, they will be listing the exchange of XRP and Ethereum Classic against the US Dollar. This is a part of the exchanges ‘phased approach’ towards complete USD trading on the platform, opening a door for a new surge towards cryptocurrency adoption within Bittrex. Indeed, as one of the largest cryptocurrency exchanges, opening up trading...

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Bitcoin ETF Delay Destroys BTC, XRP, BCH And ETC

The markets are falling hard today. We are seeing all major cryptocurrencies falling at a rapid rate, way down from their values over the previous 24 hours. We aren’t worried about this though. We know what has caused the drop - a decision made by the United States Securities and Exchange Commission (SEC) to delay their impending decision regarding the approval (or disapproval) of a Bitcoin Exchange Traded Fund (ETF). The original deadline was set for this Friday, yet their brief did allow for an additional 45 day extension to be issued, this now seems to be the case and...

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