Classic has not been pumping like the rest of the old coins in the market is a relief rally coming to an end for ethereum classic in this video we’ll be taking a look at the ethereum classic US dollar price chart on a 3D time frame we also be looking at ethereum Classics Performance against both Bitcoin and ethereum then we’ll take a look at ethereum Classics market cap it’s currently around 3 billion dollars we have seen the market cap even get to as high as 18 billion dollars at the top of the bull run if it’s the end of the Relief rally for ethereum classic how low can the market cap go deep in the crypto bear Market we will be talking about that and more in this video but first guys when it comes to investing nothing will pay you off more than educating yourself an investment in Knowledge pays the best interest to all my returning subscribers us thank you for always watching all my videos I appreciate you guys if you’re new to this Channel and you want to get the latest crypto news price predictions chat analysis this is the channel for you don’t forget to subscribe to this Channel for more awesome videos like this let’s get down to business ethereum classic in the last one year has gone from as high as 52.17 dollars to as low as 12.60 with the market cap of over three billion dollars and fully directed market cap of 4.5 billion dollars ethereum classic has a maximum Supply of 210 million coins and we have 139 millions of those coins in circulation a term classic country rank 23 on coin market cap with over 375 000 people having ethereum Classic on their watch list how low can ethereum classic go if it’s the end relief rally for Ethereum classic on a yearly time frame ethereum classic is down 18.8 percent on a monthly time frame is down 1.8 percent it’s just up 3.7 in the last one week we have all coins are up 100 200 even 500 on a monthly time frame so the rally over for ethereum classic because we Have seen Eternal classic getting stuck below the 27 region Eternal classic has not been able to Rally above 20 seven dollars since November of 2022 ethereum classic is in second crypto bear Market on his first crypto bear Market we saw ethereum classic dumping to Goblin Town We saw a trump classic losing 92 percent of his value but while like all coins is that even though they conduct Goblin Town even though they can go down 92 from their all-time high in the bear Market when the next Bull Run comes around we can see them pumping to new All-time highs in the case of a term classic we saw it go up by more than four thousand three hundred percent in the previous bull market but for you to enjoy this pump to the upside you have to hold through a lot of pumps and a lot Of dumps But ultimately we got to the moon the one thousand dollar investment in ethereum classic on the 6th of December 2018 would have returned more than forty thousand dollars by the 4th of May of 2021.right now deep in the crypto bear Market of 2022 ethereum classic has found support around the 12.5 level there’s a very strong chance if this is the end will really rally in the the old coin Market we might see at room classic coming back to test that 12.5 level worst case scenario we’ll see a term classic drop into new lows in this bear Market maybe going below 10 Getting to as low as 8.9 but right now Atrium classic is still holding that 21 region ethereum classic is still holding that crucial support level if a drone classic starts going below the 20 region guys hopefully we find support at 18 if not that will be down bad we’ll see Ethereum Classics back in Goblin Town ethereum classic got to as high as 44 dollars in 2022 August that rally was one to write home about we saw it from classic Radio by more than 250 percent in just 54 days as we said 2023 only very bright moon for all coins at your Own classic joined the rest of the market right into higher prices but this was not a rally to write anything about this rally was just 60 pump to the upside um I’ve seen so many of these rallies for term classic and as far as a term is Not taking out that 44 region this is just a lower high and we’re going to probably continue dumping the goblin down just like we have been doing with all the other pumps we have seen for ethereum classic since when this bear Market started guys deep into crypto Bear Market we’re going to be doing your accumulation getting ready for the next Bull Run but we might jump into Goblin Town there’s no guarantees that the bottom is in so as you’re accumulating remember not to go all in remember to keep some capital on the side in case We’re going to have that one final done to the downside where all coins will have that 70 to 80 crash in about a week we usually see that in the altcoin market usually once every year we saw that in 2022 that happened where we saw all coins just dump into Goblin Town in 84 days ethereum classic loss more than 76 of its value we also saw that happen in 2021 where we saw a term classic lose around 79 of its value in 54 days guess what guys we saw that also happened in 2020 at their own classic went down 7 Two percent in a 32-day period so when will that happen in 2023 when it happens remember to have some capital on the side so that I can scoop some interim classic for cheap that’s why you don’t want to go all in that’s why the best method to accumulate these all coins Through the bear Market will be to dollar cost average into those old coins if you take a look at some details about ethereum classic even though a drone classic is around 23 on coin market cap guys in the last one month Atrium classic has gone from 20 to as high as 24.79 ethereum classic is a hard for ethereum that was launched in July of 2016.if you want to buy and sell some metronome Classics deep in the bear Market as we’re getting ready for the next Bull Run you can do that on binance on beat up on coinbase Exchange on Q Coin on bit Phoenix on cracking and guys anywhere you get your popular old coins you can buy and sell some ethereum Classics right there take a look at ethereum Classic performance against Bitcoin when the market is pumping we see it pump been to higher prices but When the market is dumping we see it dumping to Goblin Town and more importantly in a bear Market you want to be careful ethereum classic has been known to dump Goblin Town against Bitcoin really really well in the bear Market we have seen it go down 98 against Bitcoin before before we start Seeing it pumping to higher prices in the previous Boron where I’ll perform Bitcoin by 1 500 in less than 150 days but anytime you see all coins pumping to higher prices against Bitcoin I always remember we’re going to have a period of dump we are going to have a period of Consolidation and we saw it for a term classic in the first half of the bear Market where it went down 79 what happened after that we saw a rally for ethereum classic where it was pumping to higher prices where it was looking as it was going to pump higher than the level Where we got to in May of 2021 but the rally was short-lived the rally was a 250 pump to the upside and that rally ended for a term classic in September of 2022 since September of 2022 ethereum as it has continued dumping to Goblin Town against Bitcoin it’s currently down 59 And guys we might just continue dumping further down to Goblin Town if this is the end of the bear Market rally for a term classic in the bear Market as all coins are dumping to Goblin Town we see them on the Performing against Bitcoin because Bitcoin is the king of the Market and when all coins are dump into Goblin Tower and people are scared you see them running towards safety and safety for us in the cryptocurrency market is Bitcoin and it’s ethereum and that’s why you see them flipping their all coins for some Bitcoin and some material I’m taking a look at ethereum Classics market cap which still sits around the 3 billion dollar region we’ll still see ethereum Classics market cap home to higher prices there’s always that possibility but we might be facing some resistance when we get to that 4.5 billion dollar region the lowest we have to return Classics market cap go in this Bear Market was the 1.7 billion dollar region and there’s always a possibility that will drop to lower prices maybe even drop into as low as a billion dollars so guys drop your thoughts in the comment section tell me where do you see a term classic heading to in the Coming weeks and the coming months do you think this is the end of the bear Market rally for ethereum classic if it’s the end of the rally how low do you think a drone classic will go if we start dumping to Goblin Town thank you for watching this video don’t forget to Subscribe to this channel for more awesome videos like this turn on the post notifications to get notified anytime I drop a new video remember guys invest for the Long Haul don’t get too greedy don’t get too scared see you guys in my next video one two three four five six seven eight Ethereum Classic first set out to preserve the integrity of the existing Ethereum blockchain after a major hacking event led to the theft of 3.6 million ETH.Ethereum Classic’s main aim is to preserve the Ethereum blockchain as it originally was, without artificially countering the DAO hack.Ethereum Classic (ETC) is a hard fork of Ethereum (ETH) that launched in July 2016.Its main function is as a smart contract network, with the ability to host and support decentralized applications (DApps).Its native token is ETC.
Since its launch, Ethereum Classic has sought to differentiate itself from Ethereum, with the two networks’ technical roadmap diverging further and further from each other with time.Its appeal was first to those who disagreed with Ethereum’s response, but the legacy network has since gained a wider fan base, which include major investors such as Barry Silbert, CEO of investment firm Grayscale.Ethereum Classic (ETC) End Bear Market Rally.What Next? ETC Price Prediction And Chart Analysis 2023 #EthereumClassic #ETC #ETCNews CoinMarketCap – https://coinmarketcap.com CRYPTO BUBBLES https://cryptobubbles.net/ Crypto Charts – CoinTrader https://charts.cointrader.pro/ https://www.tradingview.com/chart/ Welcome To Mr Legend’s Crypto Youtube Channel If you want to learn how to make money trading and investing in cryptocurrency this is the Channel for you.Whether you are looking to formulate your Trading plan or Investing Plan for the cryptocurrency market, understand how the digital asset market cycles have worked in the past, or learn about how to make your own charts, this Channel is designed to educate and give you confidence.While I’m not providing financial advice, I’m giving you the tools to help you succeed in your own responsible decisions.Daily Videos About Major Altcoins Trends, Bitcoin, Ethereum, XRP, Ada, BNB, Solana, Bitcoin Cash, BNB, Zcash, Your Favorite Altcoin, Crypto Adoption, Altseason, Blockchain, NFTs, And Many More Latest Cryptocurrency News And Chart Analysis Follow Mr Legend Crypto on Social Media For More Updates Twitter – https://twitter.com/mrlegendcrypto Facebook – https://www.facebook.com/mrlegendcrypto Telegram – https://t.me/mrlegendcrypto TikTok: https://tiktok.com/@mrlegendcrypto For Adverts And Sponsorship Contact – [email protected] Thank you for watching this video Don’t forget to like this video Drop a comment to tell us what you think.
