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Ethereum Classic (ETC) Holds Strong, Defends A Break Below 21 Day EMA

Ethereum Classic (ETC) has been trading sideways for the past five days but it can be credited with one achievement and that is holding strong above the 21 Day EMA. The price has made two attempts to break out during the past 48 hours but it has failed miserably. The daily chart for ETC/USD shows that the price is unlikely to break past the $4.2 resistance anytime soon. That being said, the price is holding strong above the 21 Day EMA and as long as it defends that level, Ethereum Classic (ETC) bulls have nothing much to worry about. RSI...

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Ethereum Classic (ETC) Remains Strong Above Key Support Levels

Ethereum Classic (ETC) is stalling a corrective move to the upside against Bitcoin (BTC) but the price remains strong above key support levels. The daily chart for ETC/BTC shows that the price has already broken out of a falling wedge and is now expected to rise towards the historical trend line resistance. This trend line resistance was only tested once last year which lead to an aggressive correction for Ethereum Classic (ETC). The price is now ready to test it once again but we have yet to see whether it will lead to another correction. This is because if the...

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Why Is Google Interested In Ethereum Classic (ETC)?

Scientists from Google’s big data analytics platform, BigQuery have recently taken an interest in Ethereum Classic (ETC). They approached ETC Cooperative’s Dev Relations Director, Yaz Khoury who later spoke to media outlets in detail. The purpose of this analysis is not to go into details of how Google plans on using Ethereum Classic (ETC) but to understand why Google may want to do that. In the crypto community, Ethereum Classic (ETC) is still considered a useless coin by the majority. So, what might Google want to do with a useless coin? Why did they feel the need to integrate it...

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Ethereum Classic (ETC) Eyes A Rally Past $4 After Weeks Of Consolidation

Ethereum Classic (ETC) continues to trade within an ascending channel but the price has been reluctant to rally towards the top of the channel and has been consolidating the past few weeks. The 4H chart for ETC/USD shows that the price is now consolidating above the trend line support in the same manner that it did just before the major crash in November, 2018. This is as if market makers are trying too hard to put a certain pattern in front of retail traders because they want them to find exactly what they are throwing at them. What would that...

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Why Ethereum Classic (ETC) Could Be The Fastest Growing Blockchain In 2019

Ethereum Classic (ETC) has been around for years but until recently, the only people interested in this blockchain were either those who believed in its principles of immutability and decentralization or those that worked on it in some capacity. The majority of investors who buy cryptocurrencies to turn in a profit had no reason to invest in Ethereum Classic (ETC) because it was a poor performer during the previous altcoin season. In fact, ETC/USD seriously lagged behind while other cryptocurrencies like Ethereum (ETH) and Litecoin (LTC) rallied hard. This led to all sorts of debates about Ethereum Classic (ETC) being...

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