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Cryptoknowmics 2022-04-23 04:30:34

Ethereum Classic Price Prediction 2022-2026-Will the Price of ETC Hit $45.95 by the end of 2022?

ETC is the native token of the Ethereum Classic blockchain. Ethereum Classic has no plans to convert to a proof-of-stake (PoS) mining algorithm, while multiple developers continue to work on future improvements such as scaling solutions. What is Ethereum Classic (ETC)? Ethereum Classic was forked from Ethereum in July 2016. Ethereum Classic came into being as the network which did not revert the chain. Developers state that there is no official team attached to the project and that its “global development community is a permissionless ‘do-ocracy,’ where anyone can participate.” Now, we shall consider the price analysis of Ethereum Classic (ETC) for the coming years. Flashback: Fundamental Analysis of Ethereum Classic (ETC) According to the official blog of Ethereum Classic, the Ethereum Classic Cooperative has increased the activities of the fund manager to four years. This has increased the trust of ETC holders since the report also included that it spent $500k in 2021. Since the budget of the Cooperative was raised to $1.6 million, it is expected that the team anticipates a rise in the price of ETC in 2022. We shall now consider what charts are showing about the price analysis of Ethereum Classic (ETC). https://www.tradingview.com/x/YnczjaCf/ From the 1day chart above showing the Ema Ribbon indicator for ETC/USDT, we can deduce that the price of Ethereum Classic might dip soon. This is because the Ema ribbon moving averages ...

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