Ethereum Classic (ETC) Ready To Outperform The Market

in #altcoin6 years ago

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Bitcoin (BTC) $8000 back on top after several weeks of decline. However, one thing is clear, this time, does not attract the market altcoin with it. That's because with the exception of a few altcoin, mostly down, with some down as much as 10%.

However, although most altcoins experience encouragement, those who registered at Coinbase quite successfully, and appears to be moving in the same direction with bitcoin (BTC). That's because Coinbase has gained the confidence of American investors both institutional as well as retail, as the Exchange is fully in accordance with the regulations of the United States. This means that in the coming bull market, coins listed in the Coinbase will perform well relative to the rest of the market, because they, with registered at Coinbase, also comply with the regulations.

This puts the Ethereum Classic (ETC) in a very good position because the next coin goes into Coinbase, and positive sentiment has developed in its vicinity over the past few weeks. This suggests that expectations of rising prices ETC on the list Coinbase there are in the market and will continue to rise, now coins listed in the Coinbase beat the other market.

If the current market momentum continued till date list Ethereum Classic (ETC) in Coinbase, it is likely that crypto is going to be a parabola. A surge in volume will occur can easily see Ethereum trade Classic (ETC) on more than $30 in a few days.

The good thing is this list most likely will occur in the current bullish rally. That's because the latest bitcoin rally driven by hope that the application of CBOE ETF approved. The market seems to have reached a consensus that this will happen. The only question is, when is it going to happen? By a conservative estimate, the application is likely to be approved in early September, and may be launched at the beginning of 2019.

It's quite far from Ethereum list Classic in Coinbase, which will hopefully happen soon. Some time ago, Coinbase announced that the integration of the Ethereum Classic (ETC) into their system pretty easy, as compared to a number of other coins that they consider. This means that the chances of them mention it in July or early in August is quite high, which gives the Ethereum Classic (ETC) profits for listed in Coinbase in Central Bull rally.

Therefore, in the next few weeks, Ethereum Classic most likely will emerge as the best player and up some stairs to the market. The only other crypto has a good chance to perform very well are ZCash (ZEC) if Coinbase to list them as well. That's because ZCash (ZEC) is a coin of privacy and listed in Coinbase will give a signal to the market that the US regulators had ruled out the coins, a coin that is there privacy in the past attacked in different jurisdictions, particularly Japan.

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Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BTCBitcoin7537.811$-0.93%-8.18%
ETCEthereum Classic14.834$-7.63%-13.0%
ETHEthereum412.437$-2.37%-13.45%
ZECZcash189.251$-5.88%-15.98%

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