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Soon after the posting of this article, ChainCoin made a heavy correction. This correction was due to many naturally occurring forces (i.e. Trading Volume, Volume, “FOMO Buying”) but also involved more malicious circumstances (i.e. Hacking).
The correction was very much needed, and expected, however indicators reveal very specific market forces at play, which has driven the price down, in a very unnatural pattern. In my opinion, I believe the CHC market is due for a correction soon.
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