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ETCUSD

Major hard fork upgrades since inception & impact on pricesIf you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis! In a few hours, block number 12,965,000 will be mined on the Ethereum network and the ‘ London Hard Fork ’ upgrade will be implemented. As of writing this post, the data from Etherscan shows that block 12,963,799 just got added to the network. A lot of hype has been doing the rounds since this upgrade was announced. The hype became even more resounding over the past couple of weeks. In this post, we will explore what these hard fork upgrades mean for the network. We will explore all the major hard fork upgrades to the Ethereum network since its inception, and the corresponding impact on the prices. Layman’s language for the definition of Fork: Blockchain networks such as Ethereum have a community. This community agrees or disagrees with a change in the network. It is often done to ensure that the network functions as smoothly as possible. In some cases, these hard forks are implemented to protect the network against potential harm, which we will subsequently discuss. Types of forks Codebase Forks : Copy of the original code, to allow for minor tweaks without developing the whole blockchain code from scratch. Blockchain Forks : Branching or splitting a blockchain’s whole transaction history, causing the new network to develop a distinct identity. Soft Forks : Gradual software upgrades—bug fixes, security checks, and new features. Hard Forks : A permanent modification on the blockchain We will discuss the Hard Forks that have occurred since the inception of the Ethereum network. ✔ Ice Age : It was implemented on September 8, 2015 In order to guarantee to switch from PoW to PoS within 16 months after Ethereum’s initial release, an exponential difficulty increase was added that would noticeably slow down new blocks being mined after about a year. After that time, the network would reach an “Ice Age,” where the difficulty would exponentially increase until it would be too high for anyone to find a block. The Ice Age gets manually delayed by a subsequent hard fork every time. Price saw an approximate 10% jump prior to the upgrade ✔ Homestead : It was implemented in March 15, 2016 It went live at block number 1,150,000. ETH's price jumped more than 1477% in the first 3 months of 2016. 14.77x return to investors in a matter of 3 months! ✔ The DAO : It went live on July 20, 2016 This upgrade was to save the network from further damage. A vulnerability on the network allowed an exploiter to walk away with 3.6 million ETH. To fix this vulnerability, the DAO hard fork was implemented. It also created the well-known cousin of Ethereum, the ETC or Ethereum Classic. ✔ Constantinople AKA St. Petersburg : It was implemented in February 28, 2019 Price dropped more than 16% from the recent peak. ✔ Atlantis : It was implemented on September 12, 2019 This September 2019 hard fork event required all software users to upgrade their clients in order to stay with the current network. Enhancements included better security, stability, and network performance for higher volumes of traffic. ✔ London Hard Fork : It will be implemented on August 5, 2021 EIP-1559 aims to strengthen the ecosystem of Ethereum ⁠— which is known for its smart contract capabilities that power DeFi, or decentralized finance, apps and NFTs, or non-fungible tokens among other improvements. ( Have added the image to the analysis, so that it can be downloaded and referenced) ---------------------------------------------------------------------------------------- Keep supporting:) -Mudrex
BITSTAMP:ETHUSDEducation
by Mudrex
12
Ethereum Classic (ETC) - August 3Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (ETCUSD 1W Chart) If the price maintains above the 16.722-25.179 range, we expect the uptrend to continue. In particular, if the price is maintained above the 42.100-47.296 section, it is expected to create a new wave. (1D chart) If the price is maintained in the 47.947-69.480 range, it is expected to turn into an uptrend and rise. If it goes down from the 37.180-47.947 range, you can touch the 16.722 point, so you need to trade cautiously. ------------------------------------- (ETCBTC 1W chart) If the price holds above the 0.00097 point, it is expected that the uptrend will continue. In particular, if the price is maintained above the 0.0013736 point, it is expected to create a new wave. (1D chart) If the price is maintained in the range of 0.0012739-0.0016415, it is expected to turn into an uptrend. If the decline from the 0.0012739 point, you can touch the 0.0007226-0.0009064 range, so you need to be careful with your trades. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L : Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
KRAKEN:ETCUSD
by readCrypto
2
💥ETC LIKELY MOVE - FALL TO $35, THEN LONG TO $60, $80Please support this idea with a LIKE👍 if you find it useful🥳 We have Etherum classic in a descending triangle. A breakout from this triangle could confirm a good buy to the neckline at $60 before $80. We also have a possible double bottom pattern in play. For this pattern to work out well, I expect a fall to $30 - $36 before a long position to $60 and $80 What do you think? Share your opinion in the comment section✍️ Happy Trading💰🥳🤗
BINANCE:ETCUSDLong
by PetrockFxTrading
3
ETCUSD Watch these bullish signalsEthereum Classic broke this week above the 1D MA50 (blue trend-line) for the first time since June 04 but has so far failed to convincingly close above it. However there are a few bullish indicators to keep an eye on as a rally may be in the making. I have used the Pitchfork to illustrate a few key trend-lines. First I'll start by highlighting the significance of the 1D MA200 (orange trend-line) which has been holding as a Support since January 04. Also both the LMACD and the Ichimoku are on a Bullish Cross (the Ichi has just done so). This has some similarities with the February - March accumulation phase which also was made within a Channel Up. In my opinion as long as the 1D MA200 is holding here, we may start seeing a sustainable rally on ETCUSD. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> RyodaBrainless --------------------------------------------------------------------------------------------------------
KRAKEN:ETCUSDLong
by TradingShot
3
ETC Bullish AREA Ready!, Breakout! min tp 95$ middle tp 109$ middle tp 118$ max tp 139$ You can sell without reaching the position points. don't wait. Stop-loss= 38$ |-12$ stop loss| %24 Do not worry. you will see. Nothing stays free. If you enter 10%-20%, we will enter 50%. 20% if it drops again. Don't be greedy, be patient, this coin will fly. We haven't even seen the effect of the updates yet. Keep your spare money in case it drops. $32 is the minimum level. It corresponds to btc 28800. $40 is the level of $31,000. Fearful people should not invest. I will buy TP for 109$, they can buy from there. Cheap can't be cheaper. I'm rebuy. It is not investment advice. make your own investment decision. We will continue with those who are not afraid.
Long
by TraderEtc