XEC Price Analysis April 2022

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XEC is a coin of the platform eCash. Its current price is around $0.0001043 by writing, with a low of $0.0000173, and has a market cap of 1.9 billion dollars.

What is eCash?

eCash is the new and improved ‘evolution’ of the Bitcoin Cash ABC, a generative fork of Bitcoin. eCash has made itself a means of paying for goods via transactions while strictly sticking to its cause as an electronic cash system.

eCash is a protocol that has the following advantages: It provides a solid base for downstream improvements and will make any future changes less disruptive. eCash is also extensible, meaning that new features can be added without breaking the current protocol. In addition, the eCash provides instant and safe payments which are received instantly and are completely secure.

What is XEC?

XEC is the native currency of the eCash platform, which can be bought for $0.0001043 at the time of this writing, and has a low of $0.0000173. Its current ranking is #57 according to CoinMarketCap, with a market cap of 1.9 billion dollars.

XEC reached a high of $0.0005926, with a low of $0.0000173. XEC is a decentralized cryptocurrency to be used to transact goods and services.

XEC Coin Market Analysis 

XEC has a max supply of 18,899,704,673,313 coins worth around $0.0001043 with a market volume of 79 million dollars, whereas the market capitalization is 1.9 billion dollars at writing. 

XEC Price Prediction

Although prices may fluctuate in the future, the general sentiment is that XEC will still be a good investment option depending on your risk tolerance. In addition, other forecasts and short-term predictions also predict that XEC may have a positive outlook for the foreseeable future.

On the 1D timeframe, $XEC/USDT was trading in an uptrend, forming out the Bullish Double Bottom Pattern, where the price action broke out the pattern’s neckline and formed out the impulsive wave where it got rejected from the Resistance level, which is marked.

Xec April 2022 Charts
XEC April 2022 Charts

For any time, on-demand analysis on XEC or any other coin can join our Telegram channel.

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