Ethereum Classic (ETC**), a hard fork of Ethereum (ETH), has exploded after a long time and dominated the market.
The approval of the ETF, which the crypto industry has been interlocked with for months, has directly mobilized Ethereum. In this process, Ethereum, which managed to gain close to 15 percent against Bitcoin, became a driving force in the altcoin market. In particular, the explosion of Ethereum Classic after a long time has given the green light for altcoin season. Percent in the last 24 hours
## Amazing increase in a very short time!
The ETC, which exploded with Ethereum stepping on the gas, reached a market value of four billion dollars. The Ethereum hard fork, which increased by 42.74 percent within minutes, is currently trading at $ 27.28. If this positive momentum on the Ethereum side continues, we may observe a move towards the $28.17 – $30.23 and $33.50 levels, respectively, for ETC.
Factors such as BTC continuing to dominate Ethereum, the spread of sector-based fud news, or the ETH’s fall below $2500 may gradually pull ETC to lower levels. In such a scenario, pullbacks to $26.96 and $24.97 could occur first. After that, the support levels can be followed by $22.50 – $21.19 – $20.13 and $19.03, respectively.
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