RATE Group | ETC/USD pushes symmetrical triangle breakout towards $13.00
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ETC/USD pushes symmetrical triangle breakout towards $13.00

03 Feb ETC/USD pushes symmetrical triangle breakout towards $13.00

Posted at 09:47h in Ethereum News by

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  • Ethereum Classic bulls struggle to sustain the recent triangle resistance breakout towards $13.00.
  • Ethereum Classic network anticipates two significant upgrades by May 2020.

Ethereum Classic is among the biggest single-digit gainers on Monday towards the end of the Asian session. The price is 4.71% higher after the correction from $11.3732 (opening value) to $11.90 (market value). The intraday cryptocurrency live rates show ETC trading in a strong bullish trend and high volatility levels.

Ethereum Classic community gears up for two confirmed updates

The Ethereum Classic network is moving towards a couple of key confirmed upgrades; the Phoenix and Aztlan upgrades. Phoenix is more or less a correction update in preparation for the Aztlan upgrade. However, Phoenix’s implementation has to be supported by the majority of community members. Following, Phoenix, Aztlan is scheduled to take place in May 2020.

Ethereum Classic technical picture

ETC/USD was among…

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