(ETC) worth climbed on March 22, ignoring a lethal “loss of life cross” on the weekly chart, as merchants raised their bets on its potential to turn into a haven for miners fleeing the rival blockchain.

ETC’s worth jumped over 15.5% to succeed in $44 a token for the primary time since Dec. 9, 2021. The coin’s intraday good points got here as part of a broader rebound transfer that noticed its worth rallying greater than 75% eight days after bottoming out close to $25.

every day worth chart. Supply: TradingView
ETC/USD versus correlation coefficient. Supply: TradingView
ETC/USD every day worth chart. Supply: TradingView