Ethereum Classic is ranked at #21 below Cosmos on coinmarketcap. The trading volume recorded stands at roughly $429.582 million, while the supply has 114,224,789 ETC coins in play as of this very moment. The total market cap of Ethereum Classic is $541.655 million. ETC received a boost amounting to 0.07% in the course of the past 24-hours which, in turn, brought the price all the way up to $4.74 where it presently rests.
“@ETCLabs has partnered with @Bloqinc to deliver infrastructure services for the EthereumStack, offering the #blockchain connectivity that a developer needs to start building quickly to contribute to the advancement of the #EthereumClassic ecosystem.” https://t.co/OCPlfKhWMv
— Ethereum Classic (@eth_classic) October 11, 2019
According to the candlestick chart connected to the ETC/USD pair on tradingview [based on data obtained from the Kraken Exchange], buyers are trying hard to overcome the resistance offered by sellers in the market. For the past 8 days, the peaks tied to the Awesome Oscillator have consistently adorned the green shade, pointing towards the dawn of bullish momentum in the near future.
On 11th August, the space between the MACD line noted a slight decline. Since then, the MACD line has been steadily rising over the signal line. Support can be found adjacent to the 4.508 mark. Let’s hope the bulls can keep up the current pace, which may soon bring $ETC beyond $4.76 by next week.
By making this anchoring, the subjective layer acquires orders of magnitude more objectivity, thus security, than if it were not connected to a proof of work physical base.
— Ethereum Classic (@eth_classic) October 13, 2019
A collaboration involving Ethereum and Ethereum Classic communities as well as interoperability has increased in recent times. In contrast to this, those who invest in BSV, BCH, or BTC tend to hate the other forks linked to Bitcoin Core i.e. every loyalist will claim the project they support is the better option, and the others are shitcoins.