#USADPAdds90000JobsInSeptember
I’m watching ETC and ARK closely right now.
$ETC is around $9 with a ~$1.4B market cap. The recent 20% block-reward cut is a positive supply-side catalyst, but ETC needs to hold around $9 to keep the recovery structure intact.
$ARK is much more aggressive — around $0.33 after a huge volume-driven breakout. Momentum is strong, but RSI is overheated, so chasing here looks risky. I’d rather watch how price reacts around $0.34 before entering.
My takeaway: ETC looks more like a patience/setup trade; ARK is the higher-momentum play but needs tighter risk management.
#ETC #ARK #SECToClarifyOnChainFundraisingRules #AltcoinSeasonIndexHoldsAbove60For5Days
I’m watching ETC and ARK closely right now.
$ETC is around $9 with a ~$1.4B market cap. The recent 20% block-reward cut is a positive supply-side catalyst, but ETC needs to hold around $9 to keep the recovery structure intact.
$ARK is much more aggressive — around $0.33 after a huge volume-driven breakout. Momentum is strong, but RSI is overheated, so chasing here looks risky. I’d rather watch how price reacts around $0.34 before entering.
My takeaway: ETC looks more like a patience/setup trade; ARK is the higher-momentum play but needs tighter risk management.
#ETC #ARK #SECToClarifyOnChainFundraisingRules #AltcoinSeasonIndexHoldsAbove60For5Days