Ethereum Classic Price Isn’t on the Mend yet
As has become apparent for all cryptocurrencies, the year 2018 will not go down in history as a positive year. Despite all currencies reaching all-time highs during the first six weeks of the year, the momentum could not be maintained for a long time. For Ethereum Classic , its price has been on the decline since March, and every uptrend has been pushed down in a violent manner.
Over the past 24 hours, the Ethereum Classic price has dropped by another 4%. Although it is not the biggest setback in history whatsoever, it confirms things are not heading in the right direction. In fact, the ETC value has dropped below $10 over the past few days, and it seems no rebound should be expected in the very near future.
Looking across social media, it is evident few people are talking about ETC as of right now. Crypto Enthusiast confirms there is no reason for buying any cryptocurrency right now, especially not Ethereum Classic. No clear signal shave materialized yet, as a lot of conflicting momentum remains in place at this time.
Good morning. Not buying anything now, waiting for some clear signals. #crypto #cryptotrading #btc #eth #etc #ltc
— Crypto Enthusiast (@HynerLukas) October 12, 2018
As a shining beacon of light, there is the addition of ETC and BCH to LocalCoinSwap. This peer-to-peer trading platform continues to make a name for itself in many different ways, Adding support for Ethereum Classic is a very interesting decision, primarily because of the seeming lack of interest in this altcoin other than for speculative purposes.
https://t.co/X6Bj2GOgt7 #BCH & #ETC now listed!