Lately, the influx of demand for bitcoin and other cryptocurrencies have allowed the total market capitalization of cryptocurrencies to surpass the $500 billion mark. With the increase in total market cap, large cap coins have seen a breakout of its own, leading to unprecedented gains and new all time highs, namely, LTC, DASH, XMR, XRP and now ETC.
Ethereum Classic has finally broken out of its long period of time in consolidation within the bullish pennant.
Target: $40