Past performance does not indicate future results and I agree. However, the difference this time is that ETC is going to be listed on Coinbase. So, if anything, I expect the rally to be even more aggressive. Having said that, this is mere speculation nothing more. The point of technical analysis is to highlight possibilities and that is what I have done. It does not mean that ETC will definitely hit $350+ or it will not go any higher. Breaking this statement down, logically, a price of $350 would put Ethereum Classic at a market cap of $36 billion, which does not seem unrealistic at all. It is pertinent to note that Ethereum Classic is a lot different than Litecoin or Bitcoin Cash and its addition to Coinbase will have far reaching effects, not because of the Coinbase FOMO but because of the traction and support the Ethereum Classic community is going to get as a consequence of it.
Do your own research and due diligence. This is not financial advice. Trade safe. :')
Do your own research and due diligence. This is not financial advice. Trade safe. :')