Ethereum Classic (ETC) has experienced significant gains in the past week, with a 22% increase in its price. The token has broken through the $15.79 resistance level and is currently trading at $18.74. Bullish signals indicate that the price may continue to rise, potentially reaching $20 in the coming days. ETC is a hard fork of Ethereum that supports decentralized applications and was launched in July 2016 to preserve the originality of the Ethereum blockchain. The token recently experienced a bearish swing, but has since recovered momentum. The increase in trading volume suggests that buyers are determined to push the price above $20. The overall cryptocurrency market is showing signs of recovery, with some coins still in the red. If market sentiment remains bullish, ETC is likely to sustain its rally.
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