Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 32.85% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 26: Rency.com Ratings & Analytics Adds Ethereum Classic $ETC.
May 1: Ethereum Classic announces update to Mantis v1.1 Client.
May 2: Announcement that ETC consistently handles more transactions per day than: $Doge, $DASH, $BCH, $LTC, and $XMR.
May 3: London Block Exchange Enables GBP Trading for Ethereum Classic ETC.
May 3: Ethereum Classic announces release of go-ethereum v5.2.0.
May 4: Emerald Vault v0.22 application is released. It allows for: Secure offline / cold storage ETC account management.
May 4: FastTech.com Accepts ETC as Payment.
May 6: Grayscale Investments Announces Approval of Public Quotation for Eligible Shares of Ethereum Classic Investment Trust.
May 6: Ethereum Classic announces support for Ethereum Classic Command Line application on Linux.
May 6: Ethereum Classic announces ETC sidechain exploration with their "Minimal Viable Sidechain" on Github.
May 16: Ethereum Classic Labs is launched. Its main aims are to accelerate the development, expansion, and prosperity of the $ETC community and the entire ETC ecosystem by promoting smart contract applications based on $ETC
May 23: London Block Exchange lists Ethereum Classic.
May 24: Ethereum Classic upgrades via the Mantis V1.1 Performance Release. This allows for the following features:
- Download & Sync (faster)
- Integrated with Daedalus Wallet
- Run Node from CLI
(NEW) May 25: Spyrja: Modular Asset Tracking Software is launched on the $ETC Blockchain.
(NEW) May 29: Open Bazaar lists Ethereum Classic.
(NEW) May 30: Ethereum Classic announces Protocol upgrade for ECIP-1041.
(NEW) May 31: Ethereum Classic announces that the OpenStack Credits System to be Implemented as an $ETC side chain.
(NEW) June 7: Coinpayments (crypto payments processor) announces its acceptance of Ethereum Classic.
(NEW) June 7: Ethereum Classic today announced its collaboration with Zeniex, a cryptocurrency exchange established by a group of financial and security experts from South Korea and China. This has resulted in the signing of the Memorandum of Understanding between the Ethereum Classic Cooperative and Zeniex.
(NEW) June 8: Stocks Gazzette releases article that states that Ethereum Classic is a grossly undervalued coin.
(NEW) June 10: Thailand’s regulatory body, The Securities and Exchange Commission, have approved a list of 7 cryptocurrencies that can be used as payment for ICOs and as trading pairs on exchanges. This includes Ethereum Classic.
(NEW) June 12: Binance adds new Ethereum Classic trading pairs.
(NEW) June 12: Coinbase announces it will list Ethereum Classic in the "following months".
The general uptrend in the crypto markets as well as the positive developments outlined above.
***The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription.***