Hi Guys! We are back with bunch of good information regarding ETC.
As you already have heard Coinbase (digital currency exchange and wallet headquartered in San Francisco, California. They broker exchanges of Bitcoin, Bitcoin Cash, Ethereum, and Litecoin with fiat currencies in around 32 countries, and bitcoin transactions and storage in 190 countries worldwide) has expressed intention of supporting ETC. They will start with so-called step4 which means seeing public APIs and other signs that asset is added. Once they finish integration and tests, they will announce officially in the next few months a launch date for trading on their platform. So we can expect to have a greater interest on ETC thus volume rises and price will rise of course too.
Here is a bunch of other important events which will influence the price. This is going to be interesting year for ETC.
30.06 PoC of new StateDB layer & Emerald Mobile Wallet 31.07 Sidechains support in Emerald Project & Emerald SDK First Release 31.07 Radex will be the first decentralized exchange to be launched on ETC blockchain (delayed – was to be at the end of May 18) 31.08 JIT Compilation in SputnikVM 12.09 Second Annual Ethereum Classic Summit in Seoul 30.11 Fully IoT-compatible infrastructure of ETC(BIG THING)
It is going to be very interesting summer with a nice summary in Seul in September.
Looking back on the chart.
We observed finished Elliot Wave short-term pattern (1-5;A-C). New cycle expected.
When looking at the chart from the perspective we can see we have just started 3rd wave on the long-term Elliot Cycle.
On Weis Wave chart we can see that demand was growing. No supply yet. GOOD.
CMF indicator has just crossed 0 which is the sign of the price pression
MACD – strong positive long-term trend. VERY GOOD.
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