In 2021, in a period of just 119 days (4 months), Ethereum Classic grew a nice 1,811% vs Bitcoin, imagine something similar happening today.
The initial recovery took 84 days or almost 3 months. The remaining 35 days, just one month, produced most of the growth of the previous bullish cycle.
It can be different this time based on the law of alternation. Imagine the bullish cycle lasting 8 months rather than 4. Or some sort of variation, this is just one possibility/scenario. There is no way to predict how exactly the market will move because this pair is new, like the entire Cryptocurrency market, so anything goes.
There are many bullish signals on this chart.
The bearish move and cycle is over-extended, which means that at any time it can end.
There is a long-term double-bottom, more than four years long. ETCBTC just challenged the same support zone as back in January 2021, before the major 1,800% bullish wave. This same level can produce the start of the 2025 bull market, we are now in the "buy zone."
I cannot really say how far this one can go or will go because we have only one bullish cycle, but I extracted some logical targets and these are shown on the chart.
One goes beyond 1,000% while another one reaches 672% and short-term 252%. The latter two are easy targets.
Thanks a lot for your continued support.
Namaste.