{"id":13774,"date":"2022-12-02T15:54:02","date_gmt":"2022-12-02T15:54:02","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/12\/02\/revising-ethereum-classic-etc-usd-after-coinbase-plans-to-end-support-for-the-cryptocurrency\/"},"modified":"2022-12-02T15:54:02","modified_gmt":"2022-12-02T15:54:02","slug":"revising-ethereum-classic-etc-usd-after-coinbase-plans-to-end-support-for-the-cryptocurrency","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/12\/02\/revising-ethereum-classic-etc-usd-after-coinbase-plans-to-end-support-for-the-cryptocurrency\/","title":{"rendered":"Revising Ethereum Classic (ETC\/USD) after Coinbase plans to end support for the cryptocurrency"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1669994403169-3f0bf963-9633-4976-b7f3-d338c755127f-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1669994403169-3f0bf963-9633-4976-b7f3-d338c755127f-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1669994403169-3f0bf963-9633-4976-b7f3-d338c755127f-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1669994403169-3f0bf963-9633-4976-b7f3-d338c755127f-smartcrop-363x181.png\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/1970\/01\/1669994403169-3f0bf963-9633-4976-b7f3-d338c755127f.png\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>\n                    <\/div>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">Coinbase has earmarked Ethereum Classic as amongst the tokens to take away from its pockets<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">ETC has been on a transparent downtrend since August<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">The cryptocurrency may proceed to $13 if bulls don&#8217;t arrest the decline<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\">US crypto trade Coinbase will end support for Ethereum Classic (ETC\/USD) in January subsequent yr. The focused belongings additionally embody XRP, XLM, and BCH. Coinbase cites low utilization on its self-custody digital asset for the digital belongings.<\/p>\n<p dir=\"ltr\">In its determination to take away the digital belongings, Coinbase says it does so to roll out higher options. The crypto trade says customers of unsupported belongings can entry them by a restoration part.<\/p>\n<p dir=\"ltr\">The newest determination by Coinbase comes when digital belongings have endured a chronic crypto winter. However, Ethereum Classic had a powerful run in July and August on expectations of miners inflow after\u00a0<a href=\"https:\/\/coinjournal.net\/news\/ethereum-finally-migrates-to-a-proof-of-stake-after-completing-the-merge\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>Ethereum merge.<\/u><\/a> Since topping $45 in mid-August, ETH has endured a bear market. The cryptocurrency was buying and selling at $19.48 at press time, dropping 1.55% in the day. A technical outlook reveals ETC on a downtrend.<\/p>\n<h2 dir=\"ltr\"><strong>ETC consolidates beneath transferring averages in a bear market<\/strong><\/h2>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2022\/11\/02\/1669994433207-e12a9782-3013-46ab-b69d-113fed90fb0c.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"292\"\/><\/p>\n<p dir=\"ltr\"><a href=\"https:\/\/www.tradingview.com\/symbols\/ETCUSD\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>ETC\/USD Chart by TradingView<\/u><\/a><\/p>\n<p dir=\"ltr\">Ethereum Classic stays on a downtrend. The cryptocurrency has been buying and selling on a system of decrease highs and decrease lows since August. ETC has all the time been rejected at the 20-day MA or 50-day MA.<\/p>\n<p dir=\"ltr\">From the technical outlook, ETC is consolidating however lacks sufficient energy to the upside. It trades at the 20-day MA, whereas the 50-day MA lies larger, subsequent to the resistance at $21. The RSI studying of 44 reveals that bears are nonetheless in management.<\/p>\n<h2 dir=\"ltr\"><strong>What subsequent for ETC?<\/strong><\/h2>\n<p dir=\"ltr\">A consolidation at $19 implies that bulls are attempting to counter the bear stress on ETC. However, the bears stay in management as proven by the restricted upside.\u00a0<\/p>\n<p dir=\"ltr\">A bullish momentum will likely be confirmed if <a href=\"https:\/\/coinjournal.net\/ethereum-classic\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>ETC price<\/u><\/a> recovers above the transferring averages or the $21 resistance. Conversely, a rejection by the transferring averages may speed up promoting.\u00a0<\/p>\n<p dir=\"ltr\">That may see bears stay in management to the subsequent support at $13.<\/p>\n<h2 dir=\"ltr\"><strong>Where to purchase ETC<\/strong><\/h2>\n<h3>\n    eToro<\/h3>\n<p>eToro presents a variety of cryptos, comparable to Bitcoin, XRP and others, alongside crypto\/fiat and crypto\/crypto pairs. eToro customers can join with, be taught from, and duplicate or get copied by different customers.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/etoro-crypto?guid=OTU3NjM&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=1&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy ETC with eToro today            <\/a><br \/>\n            <button class=\"flex items-center mt-2 text-sm text-gray-600 focus:o-outline-none\" data-tooltip=\"Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.\" aria-expanded=\"false\"><br \/>\n            <span class=\"border-b border-gray-600 border-dotted\">Disclaimer<\/span><br \/>\n            <span class=\"ml-1\"><br \/>\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\">\n                    <path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/>\n                <\/svg><br \/>\n            <\/span><br \/>\n        <\/button>\n    <\/p>\n<h3>\n    Binance<\/h3>\n<p>Binance is considered one of the largest cryptocurrency exchanges in the world. It is best suited to extra skilled buyers and it presents numerous cryptocurrencies to select from, at over 600.<\/p>\n<p>Binance can be recognized for having low buying and selling charges and a a number of of buying and selling choices that its customers can profit from, comparable to; peer-to-peer buying and selling, margin buying and selling and spot buying and selling.\n<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/binance-crypto?guid=OTU3NjM&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=2&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy ETC with Binance today            <\/a>\n    <\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/revising-ethereum-classic-after-coinbase-plans-to-end-support-for-the-cryptocurrency\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Coinbase has earmarked Ethereum Classic as amongst the tokens to take away from its pockets ETC has been on a transparent downtrend since August The cryptocurrency may proceed to $13 if bulls don&#8217;t arrest the decline US crypto trade Coinbase will end support for Ethereum Classic (ETC\/USD) in January subsequent yr. The focused belongings [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13776,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[1496,465,428,4595,108,331,5356,162],"class_list":["post-13774","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-classic","tag-coinbase","tag-cryptocurrency","tag-etcusd","tag-ethereum","tag-plans","tag-revising","tag-support","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/13774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=13774"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/13774\/revisions"}],"predecessor-version":[{"id":13775,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/13774\/revisions\/13775"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/13776"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=13774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=13774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.ph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