08/22/2019 — Crypto Price Recap

ETC explodes by 20% and BTC retreat from $11K by 10%

CryptoAlgoWheel
CRYPTO ALGOWHEEL
3 min readAug 22, 2019

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Recently Ethereum Classic Labs Announces Accelerate Program to Promote ETC Apps. Following the momentum, ETC exploded with 20% price increase today.

Source: CoinTelegraph

BTC-USDT

Typically, ETC is usually the last coin in a bull market rotation and it is considered as the signal of market going bearish. Believe or not, BTC-USDT retreated from $11K range to under $10K. Currently, the BTC price is about $10K.

ETC-USDT

Today, ETC-USDT explodes with 20% increase and reached $7 today.

ETH-USDT | ETH-BTC

ETH-USDT is weak and gaining back $190.

ETH-BTC hovers around 0.018 BTC.

BCH-USDT | BCH-BTC

BCH-USDT recovers from $290 and hovers around $300.

BCH-BTC stays around 0.03BTC

LTC-USDT | LTC-BTC

LTC-USDT is traded around $72 currently.

LTC-BTC stays at 0.0072BTC and will test the 100 SMA soon.

BNB-USDT | BNB-BTC

BNB-USDT stays down around $27.

BNB-BTC stays around 0.00268BTC.

EOS-USDT | EOS-BTC

EOS-USDT is traded at $3.5 currently, which is still 2 times of record lows.

EOS-BTC stays at 0.000355BTC.

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