RATE Group | ETC/USD lags falling triangle breakout
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ETC/USD lags falling triangle breakout

31 Jan ETC/USD lags falling triangle breakout

Posted at 06:12h in Ethereum News by

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  • Ethereum Classic price settles in consolidation between $11.50 and $12.50.
  • ETC’s delayed triangle breakout is the key to breaking the resistance at $12.50 and $13.00.

Ethereum Classic is dealing with increased selling activity at the beginning of the European session on Friday. The price is down 2.13% on the day, after the digital asset opened the session at $12.26. The expanding volatility and the expanding volatility mean that the bears are focused on gaining more traction gains the bulls.

Ethereum Classic looks forward to Phoenix Day

The Ethereum network is gearing up to full bytecode compatibility with Ethereum mainnet. The day selected for the grand hard fork is March 25, 2020. It has been decided that this day be known as the ‘Phoenix Day’ representing the Ethereum Classic Phoenix Hard Fork. Developers associated with the Aztlán hard fork upgrade are hoping that they will get adequate social consensus to carry out the upgrade as scheduled….

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