Compared to the last cycle, we can see very similar moves playing out. The "cup and handle" without the handle, went straight into a massive pump last cycle. This is also one of the few large caps that has yet to pump (BTC like normal, ETH is starting, BCH, DASH, LTC, ETC, IOTA). Its /BTC price is severely oversold, and /USD price is begging for a new ATH.
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I was almost given up on Zcash since it had lost some volume yesterday. I sold half my stash for ETC. What is their target for ETC - they've seemed too overzealous - surposing what I thought would be the ceiling price of ETC. Thoughts?
Groscoe7
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@makealittledancegetalittlelove, Solid move selling some Zcash for ETC. ETC had a nice pump up to $30+. I do not have a target for it at the moment, but Zcash has become more attractive as it looks to be bottoming out on the ZEC/BTC price. If you took profit from ETC, maybe look to jump back in, dollar cost averaging down.
DrStein
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When the BTC was falling ZEC was rising. It will rise again to ATH soon.
Groscoe7
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@DrStein, ZEC has now fallen in BTC terms, which only provides a better entry. I am looking to get in now.
what is your thoughts about LTC ??