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Ethereum Classic (ETC) Might Follow Ripple (XRP)’s Path To Skyrocket In 2019

Many in the crypto community think of Ethereum Classic (ETC) as a phoenix that rises from the ashes as it is reborn again. This is one of the strong qualities that it shares with Bitcoin (BTC). Both cryptocurrencies have died and reborn again countless times in the past. Perhaps the reason they were able to do that it because there is no person, group or company that owns Bitcoin (BTC) or Ethereum Classic (ETC). Moreover, both Ethereum Classic (ETC) and Bitcoin (BTC) are truly decentralized and immutable. Unlike most other cryptocurrencies, neither Ethereum Classic (ETC) nor Bitcoin (BTC) has made...

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Ethereum Classic (ETC) Due For Near Term Downside To Complete IH&S

Ethereum Classic (ETC) had a good run but the price seems to have run into a strong resistance for the time being. This means that we are likely to see a sharp pullback to lower levels before the rally can resume. For ETC/USD, this means completing the Inverse Head & Shoulders pattern that it is trading in. A retracement will complete the right shoulder for the IH&S which will enable Ethereum Classic (ETC) to pierce through the resistance and rise close to $10. Ethereum Classic (ETC) offers a good risk/reward for long term investors but traders are reluctant to enter...

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Ethereum Classic (ETC) Devs More Enthusiastic After Recent Regime Change

Ethereum Classic (ETC) has suddenly seen a major spike in development activity after the recent regime change. Unfortunate as it is to see ETC Dev leave the project, for long term investors in Ethereum Classic (ETC) this may actually be a blessing in disguise. Under the leadership of ETC Labs, we have seen a plethora of new Dapps launch on the original Ethereum blockchain. It appears as if the teams behind Ethereum Classic (ETC) have finally realized that investors care more about shiny new Dapps than building a stable, safe and secure blockchain. So, when the teams did achieve their...

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Ethereum Classic (ETC)'s Prospects Better Than Ever With Powerful Backers

Ethereum Classic (ETC) once considered a dead coin is now backed by the most powerful people and companies in the industry. How did that happen? Well, Ethereum Classic (ETC) proved that it can not only survive an orchestrated campaign to wipe it out of the market, but it can also thrive under hostile conditions. After the Ethereum (ETH) fork, Ethereum Classic (ETC), the original chain was left to die. Developers, miners, funds and community support shifted from the old chain (ETC) to the forked chain (ETH). On top of that, the people backing Ethereum (ETH) had now two coins, ETH...

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Ethereum Classic (ETC) Unlikely To Hold Ground As Bitcoin (BTC) Falls Further

Ethereum Classic (ETC) has done a good job at holding ground as the rest of the market declined. In fact, the chart above for ETC/USD shows Ethereum Classic (ETC) in the green while the rest of the market is deep in the red. Now this might give some the false impression that Ethereum Classic (ETC) is invincible, but that is not the case. It is immutable, it is decentralized, but it is not invincible! If Bitcoin (BTC) goes down, Ethereum Classic (ETC) goes down, maybe not immediately but ultimately. If we look at the 4H chart for ETC/USD, we can...

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