The last time Ethereum Classic moved above EMA50 was back in July 2022 and this lead to more than 155% growth.
We have the same situation now which we have been expecting and this time around we can have similar results.
We are trading within a higher low which tells us of a potential higher high.
The main target is set at 134% but if we get a higher high we are looking at a potential 195%+ from the current price.
If we get such huge growth... This might confirm bitcoin's low.
The bottom might be already in for bitcoin and this would mean that what we are seeing develop now is not only a relief rally but the start of the next bull market... Stay tuned for more.
Namaste.
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