Ethereum Classic prediction | analysis October 24, 2017

Ethereum Classic prediction | analysis October 24, 2017

Ethereum Classic prediction   Ethereum Classic ETC/USD is trading at the level of 10.05. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. The test area of Ichimoku Kinko Hyo signal lines near the level of 10.80 is expected, from which it is expected to attempt a rebound and further fall with a target near the level of 9.15.

Ethereum Classic prediction | analysis October 24, 2017

Earlier, we received a weak signal for a sell of the Ethereum Classic cryptocurrency, due to the crossing of the signal lines at the level of 11.65.

 

Ethereum Classic prediction

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The cancellation of the drop in Ethereum Classic quotations will be the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with a close above the area of 11.50, which indicates a change in the bearish trend in favor of the bullish trend. To expect the acceleration of the fall of ETC/USD is worth a breakdown of the level of 9.50…

Historical data for Ethereum Classic

Currency in USD
  Sep 23, 2017 – Oct 23, 2017 
Date Open High Low Close Volume Market Cap
Oct 22, 2017 10.93 11.25 10.72 10.83 19,648,600 1,057,170,000
Oct 21, 2017 11.21 11.31 10.79 10.92 20,451,400 1,083,120,000
Oct 20, 2017 11.36 11.51 11.22 11.22 28,250,900 1,097,270,000
Oct 19, 2017 11.52 11.61 11.29 11.34 25,045,400 1,112,650,000
Oct 18, 2017 11.92 11.92 10.81 11.53 55,644,800 1,151,010,000
Oct 17, 2017 11.90 12.47 11.74 11.92 75,268,900 1,148,970,000
Oct 16, 2017 11.95 12.10 11.83 11.89 28,608,500 1,153,060,000
Oct 15, 2017 12.24 12.66 11.60 11.95 52,181,800 1,180,820,000
Oct 14, 2017 12.20 12.54 12.06 12.26 38,425,100 1,176,620,000
Oct 13, 2017 12.00 12.47 11.66 12.18 79,837,000 1,157,100,000
Oct 12, 2017 11.51 12.09 11.41 11.96 56,959,300 1,109,090,000
Oct 11, 2017 11.55 11.59 11.41 11.49 17,991,900 1,112,470,000
Oct 10, 2017 11.49 11.66 11.35 11.54 27,818,000 1,107,010,000
Oct 09, 2017 12.12 12.13 11.24 11.50 40,264,100 1,166,960,000
Oct 08, 2017 12.28 12.45 12.10 12.12 32,447,800 1,181,440,000
Oct 07, 2017 12.32 12.32 12.09 12.28 18,414,400 1,185,190,000
Oct 06, 2017 11.94 12.40 11.94 12.34 30,320,700 1,148,890,000
Oct 05, 2017 11.97 12.05 11.62 11.95 26,552,900 1,150,570,000
Oct 04, 2017 12.38 12.40 11.95 11.97 23,010,900 1,190,230,000
Oct 03, 2017 12.47 12.49 11.77 12.41 38,300,200 1,198,270,000
Oct 02, 2017 12.74 12.87 12.38 12.44 36,422,500 1,223,910,000
Oct 01, 2017 12.98 13.01 12.63 12.74 44,133,200 1,246,600,000
Sep 30, 2017 12.51 13.15 12.51 12.98 81,530,800 1,200,620,000
Sep 29, 2017 12.77 13.25 12.04 12.52 123,657,000 1,225,220,000
Sep 28, 2017 12.63 13.68 12.27 12.73 175,932,000 1,211,380,000
Sep 27, 2017 11.23 12.86 11.20 12.65 119,565,000 1,077,120,000
Sep 26, 2017 10.87 11.96 10.71 11.24 84,319,600 1,041,640,000
Sep 25, 2017 10.41 10.98 10.41 10.86 34,197,100 997,582,000
Sep 24, 2017 10.61 10.71 10.35 10.44 21,480,300 1,016,090,000
Sep 23, 2017 10.21 10.77 10.12 10.61 27,727,300 978,077,000

Ethereum Classic prediction

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|BITCOINRIPPLEDASHCOIN  |  Ethereum  | LTCUSD newsZCASHEthereum Classic  | BITCOIN CASH  |  Monero  |  

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Cryptocurrency Benefits and Drawbacks

Cryptocurrencies make it less complicated to transfer price range among two events in a transaction; these transfers are facilitated via using public and private keys for security functions. These fund transfers are executed with minimum processing prices, allowing users to keep away from the steep fees charged by maximum banks and monetary institutions for twine transfers.

Valuable to the genius of bitcoin is the blockchain it uses to store an internet ledger of all the transactions that have ever been carried out using bitcoins, imparting a statistics structure for this ledger that is uncovered to a restricted hazard from hackers and can be copied throughout all computers running bitcoin software. Many professionals see this block chain as having important uses in technology, which includes online voting and crowdfunding, and major monetary establishments along with jp morgan chase see capacity in cryptocurrencies to decrease transaction fees with the aid of making fee processing greener.

But, because cryptocurrencies are virtual and do no longer have a valuable repository, a digital cryptocurrency stability may be worn out by a laptop crash if a backup copy of the holdings does no longer exist. When you consider that charges are primarily based on deliver and call for, the price at which a cryptocurrency can be exchanged for another forex can differ widely.

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Richard Dambrosi (JADTECNIC) Has Been Sharing FOREX INVESTORS ANALYSIS FORECAST since 2011. Editors and Founder of InvestorsBuz.com, has a passion for Forex Social Sharing analysis and Market Trends Such as Self Driving Cars, Electric Cars, Medical Marijuana, 3d printing and Cloud computing, Refers to Readers as BUZ INVESTORS.

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