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Cryptocurrency Price Analysis: Ethereum Classic Movements, BAT Still Impressing? Tuesday, October 23rd

23 october 2018, 19:10 by John Kiguru

Ethereum Classic Price Analysis And Prediction, BAT Still Impressing

Today has seen most altcoins remain in the red zone for the better part of the day, following yesterday's trend. The bearish mood is currently being dictated by bitcoin which remains just below $6,500. Amidst this slow and bearish market, a few coins are still giving a positive result.

Ethereum Classic is in the green zone and at the time of press is trading just over 3% higher than it was yesterday. At the time of writing this, the coin is trading at $9.98.
The last three months have seen the coin trade low. Despite this, the coin has been stable, trading at around $11.00 and $12.00. The recent drop, that saw the coin trade around $9.00 came on October 11. Now, we are seeing the coin begin to recover, a recovery that could well see it hit over $10.00 in the next few hours.

The bulls have been in recent months been trying to drive prices to the highs of $19.00 which they once hit at the beginning of August. Whether we can see the highs of $40 as we did at the end of last year and early on this year, remains a mystery. The project has been in recent months been quiet making a positive price movement twice as hard.

ETC/USD Price Chart, Tuesday October 23rd:

More Green For BAT

We can’t talk about price movements without addressing one of the biggest movers of the yesterday, BAT. The coin has been enjoying its time in the green zone. For the past few days we’ve been reporting on it and the incredible gains it has been enjoying.

Basic Attention Token (BAT) Prices Rocketing As Rumors On Coinbase Listing Grow. Friday, October 19th

The bulls have been taking total advantage of the recent hype and rumors that the coin might be supported by Coinbase. On top of this, the project has released the latest Brave Browser which promises plenty of new features and updates.

BAT continued to surge on and managed to score over +15% on October 23rd trading at little over $0.28. However, today at the moment of writing this article, the coin undergoes a huge and sudden price correction with -10% in last 24 hours. We remain intrigued and curious about where the coin will finally find resistance and whether we will be seeing a massive price correction or will it recover once again in next days.

BAT/USD Price Chart, Tuesday October 23rd:

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