At first, it was called Bitcoin Cash ABC (BCHA), which was a fork of Bitcoin (BTC) and Bitcoin Cash (BCH). Then rebranded to eCash (XEC). Maybe the eponym similarity to Bitcoin Cash is causing this token to become popular and thus rise upward. Let's see what happens.
Comment:
Let's see if XEC can break this triangular corrective pattern.
Let's see if XEC can break this triangular corrective pattern.
Comment:
Finally, XEC broke the descending triangular pattern; and with momentum.
Finally, XEC broke the descending triangular pattern; and with momentum.
So, it seems that XEC wants to continue the current upward wave. The first resistance on it's a way is a horizontal area that if XEC passes through it, continuation can be expected. Let's see what happens.