ETC May Recover on Correlation with ETH
Ethereum Classic (ETC) lost 1.5% to $19.30 since the beginning of the week. Ethereum (ETH) has gained 6.3% to $2109 for the same period. This is a very big difference between the two related cryptocurrencies. If we take a broader look, ETC lost around 11.5% of its peak prices on November 9-10 to 19.34, while ETH is trading close to the peak of $2138. Both cryptocurrencies are strongly related and have a significant correlation to lower the gap in its price dynamics. If the ETH will remain close to the current peak prices ETC may move closer to $20.00 or above to close this gap.
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