eCash (XEC) is a first-level decentralized blockchain token developed by Bitcoin ABC as a fork of Bitcoin Cash (BCH). Launched on November 15, 2020, and rebranded from Bitcoin Cash ABC (BCHA) in 2021, XEC is positioned as electronic money for fast, cheap, and anonymous P2P payments. The platform uses a hybrid Proof-of-Work (PoW) consensus with Avalanche (not to be confused with the AVAX blockchain), ensuring transaction finalization in seconds and up to 5 million TPS. XEC supports staking, tokenization (eToken, NFT), CashFusion for privacy, and integration with the Ethereum Virtual Machine (EVM). The token is used for payments, staking, and governance.
- Price (June 24, 2025): ~$0.000035–$0.000037 (according to Binance and MEXC).
- Market Capitalization: ~$690–$730 million (rank ~97–121).
- Trading Volume (24h): ~$21–$38 million, with increased activity (+4.85% in a day).
- News:
- Integration of Chronik (April 2024) simplified indexing for developers.
- Launch of Avalanche staking (November 2023) with a minimum threshold of 100 million XEC.
- Activity on X: posts about the potential of 5 million TPS and instant transactions (@JardineCash).
- Partnerships with Binance, MEXC, Gate.io, and KuCoin for trading and storage.
## Technical Analysis
- Current Situation: XEC price has fallen 95% from ATH ($0.000387, September 2021) and is trading at $0.000035–$0.000037, with an increase of 4.67% over 30 days, but a decrease of 3.2% over 7 days. An ascending triangle is visible on the daily chart, with support at $0.000033 and resistance at $0.000045. Bullish divergence on RSI indicates potential growth.
- Key Levels:
- Support: $0.000033–$0.000034 (50-day SMA).
- Resistance: $0.000045, then $0.000051.
- Indicators:
- RSI (daily): ~45, neutral zone, with bullish potential.
- MACD: Neutral, with a hint of a bullish crossover.
- SMA: Price above 50-day SMA ($0.000033), but below 200-day ($0.000042), indicating a weak long-term trend.
- Volumes: Increase from $20 million to $38 million in a month, but activity is below the peaks of March 2024 ($260 million).
- Chart: Price testing $0.000036 in a triangle. Closing above $0.000045 may raise it to $0.000051. Check on TradingView (XEC/USDT) or Binance.
## Fundamental Factors
- Positive:
- Unique hybrid PoW and Avalanche provides speed and scalability (5 million TPS).
- Staking and CashFusion enhance utility and privacy.
- Active community on X: 60% bullish sentiment, support from @eCash and @Jardcoin.
- Limited emission (21 trillion XEC, 19.9 trillion in circulation) and halvings similar to Bitcoin.
- Risks:
- High volatility: price has fallen by 6.71% over the year, under pressure from the bear market.
- Competition with payment networks (XRP, Stellar, Litecoin).
- Low liquidity on smaller exchanges (CoinEx, LBank).
## Recommendations
- Traders: Buy on holding $0.000034 (target $0.000045–$0.000051, stop-loss $0.000030). Sell on breaking $0.000033 (target $0.000028). Watch volumes and news on scalability.
- Investors: Growth potential is linked to payments and DeFi, but high volatility and competition pose risks. Watch for news on partnerships and TVL.
- Monitoring: Follow X (@eCash, @JardineCash) and charts on TradingView.
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