eCash (XEC)
eCash is the natural continuation of the Bitcoin Cash project. Realizing the vision of the legendary Milton Friedman, eCash follows through on key promises such as the innovative Avalanche consensus layer while also introducing concepts never before seen in a Bitcoin project such as staking, fork-free network upgrades, and subchains.
1. XEC Basic Info
| Symbol | XEC |
| Name | eCash |
| Web Site | https://www.bitcoinabc.org/ |
| Wallet | -- |
| Source | -- |
| Explorer | https://blockchair.com/ |
| Forum | -- |
| Mining | |
| Supply | 21000000000000 |
| Available Supply | 19834000000000 |
| Market Cap | 461537180 |
| White Paper | -- |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | -- |
| Proof | -- |
| Total | 21000000000000 |
| Release Date | 2021-07-01 |
2. XEC Technical Info
2.1 XEC Kline Chart Price
2.2 XEC Technical Analysis
The price is likely to experience a short-term bearish trend. The immediate target is a test of the 2.15e-05 level. If this level fails to hold, a further decline to the 2.00e-05 level is highly probable. However, given the recent volatility and the potential for increased volume, a minor bullish correction cannot be ruled out, possibly reaching the 2.25e-05 level before resuming the downward movement. The overall direction remains downward in the short term. The current bearish momentum is strong enough.
Over the next few weeks, the price will consolidate within a wider range, with potential bounces occurring around the key support level of 2.00e-05, and resistance at the 2.35e-05 area. A breakout above 2.35e-05 could signal a trend reversal, but the likelihood of this is low, given the current data. The long-term trend is assessed as slightly bearish.
