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Its minimum and maximum prices can be expected at $22.37 and at $25.17, respectively. Ethereum Classic price could hit a maximum price of $60.77. The average trading price of ETC would be $51.74 in 2024. And In 2030, it is expected to hit a maximum price of $85.52 and the minimum value should be $71.14.

When ETH grew more popular and, as a result, more costly, several users switched to ETC. If you seek to place your assets in long-term investment, ETC may be a bad choice. ETC price history seems to show large increases either when the whole market is growing or when the market is most unstable.

According to the technical analysis, most of the competitors of Ethereum Classic, too, did not mesmerize the traders either. However, ETC price consistency has tried to show in itself a unique feature to debate. Another major factor is the oracles of ETC price are of complex nature even though high in demand. The launch on Ethereum mainnet was a respite for investors who have been long waiting for it.

Ethereum Classic price forecast at the end of the month $12.75, change for June 16.0%. Maximum price $13.08, minimum price $10.22. Ethereum Classic price forecast at the end of the month $10.99, change for May -16.0%. Maximum price $14.00, minimum price $11.28. Ethereum Classic price forecast at the end of the month $13.08, change for April 16.0%.

Ethereum Classic Price Predictions by Cryptopolitan

The whole https://cryptonews.wiki/ world is on a verge of a complete breakdown. Bitcoin has fallen 75% from its all-time high amid broader market declines caused by raging inflation and US Fed rate hikes. CryptoNewsZ provided an Ethereum Classic price prediction for 2022, indicating that the currency might hit $42 this year before rising to $50 in 2023 and $51 in 2024.

• The hard fork coin is more of a protocol rather than a store of value like gold.
• Ethereum Classic could be headed for a stronger decline in the days to come.
• Cilinix Crypto Youtube channel’s latest update on Ethereum Classic suggests that the coin has potential despite breaking below the $28 support.
• It was supposed to be enshrined, immutable chain but it got easily manipulated and double spent.
• The onset of cryptocurrencies marked a revolutionary era in the world of finance.

Ethereum Classic works on the Proof-of-Work protocol and has great potential owing to the Nakamoto Consensus mechanism. Recently, Ethereum Classic reduced the block reward for mining each block from 4 ETC to 3.2 ETC. The Ethereum Classic prediction became more optimistic due to the halving event as the coins left to mine lowered. Therefore, Ethereum Classic price has become more similar to Bitcoin’s price in some aspects than its original source – Ethereum.

It is estimated that ETC will be traded between $275.49 and $347.71 in 2029. Its average cost is expected at around $286.03 during the year. Despite this, there is a clear indication that the price of Ethereum is beginning to consolidate around a substantially critical monthly resistance level. Additionally, market experts believe tomorrow’s FOMC minutes to be rather positive, thus lending further credence to the potential rally for the altcoin king. It all depends on the average price of ETC token in the future.

Cardano Price Prediction, ADA Forecast

It is like Ethereum Classic community has not been affected at all by the recent attack. % change over the current price which hovers around $22.12. Ethereum Classic is not a good investment in our opinion. Our forecasting model sees Ethereum Classic price crashing and dropping to near 0 in a distanced future. Only time will tell whether Ethereum Classic will be able to survive and thrive in the long term. Market analysts predict that Ethereum Classic will not fall below $33.24 in December 2023, with a chance of peaking at $37.27 in the same month.

While the recovery was impressive, it faced massive selling pressure as it approached the 200-day Simple Moving Average . Regardless, the big crypto’s position looks strong and optimistic as it consolidates. Ethereum Classic has a lot of potential and is considered one of the most profitable cryptocurrencies for long-term investments.

Since then Charles has been in control of the Ethereum Classic Twitter handle, which he has refused to return to its community, despite their requests. ETC proponents say that is because of personal spite and pettiness, while Charles says that it’s his property and he can do what he wants with it. He sees it as a personal memento of his time at ETC. Ethereum Classic is a hard fork of the source platform Ethereum which occurred in 2016 after the hack of the Ethereum-based Decentralized Autonomous Organization . The community got split into two opposing camps, and the same happened to the project as well.

Traders and investors have started betting on long term for price of ETC movement tracking it very closely. Hence the Ethereum Classic price prediction for this whole year remains quite encouraging. Let us check the data for Ethereum Classic price forecast for 2023 to 2030.

ETC Price Forecast for August 2023

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The corpohttps://crypto-trading.info/ has planned big for the future, embarking on various partnerships and collaborations. Being listed on eminent cryptocurrency exchanges like Coinbase and Binance, Ethereum Classic, Huobi Global offers a safe and dependable platform to its traders. It enables lesser fees and a plethora of digital assets to pick and choose from.

I followed the graph and its falling now will it increases tomorrow. Is always harder so you might want to avoid this curremcy if you are not a veteran. Always read up on optimal investment strategies if you are new to investing. According to our predictions, this won’t happen in near future.

the Ethereum Classic Forecast & Prognosis

The website may include advertisements and other promotional content, and CryptoPredictions may receive compensation at no extra cost to you from these ads. Few people understood the concept of division in the initial stages, and the Ethereum Classic prediction remained at a lower level. The hard fork coin is more of a protocol rather than a store of value like gold. Ethereum Classic’s current market status is being compared to gold, despite the overall crypto market facing a broad sell-off in the past week. ETC was created due to a split in the developer and user community, just like with Bitcoin and Bitcoin Cash.

By the end of the year, Ethereum Classic is expected to reach a minimum price level of $27.8. And, the ETC coin holds potential to reach the maximum level of $32. The corporate mission of Ethereum Classic forecast is not to lead solely on the growth path.

Ethereum Classic Price Prediction 2027

You can see list of exchanges from where you can buy or sell Ethereum Classic here. It all boils down to mass adoption, as said earlier. Investors have to do thorough due diligence on the product before investing the amount.

Ethereum Classic price forecast at the end of the month $11.49, change for September -10.9%. Maximum price $15.09, minimum price $12.00. Ethereum Classic price forecast at the end of the month $12.90, change for August -14.5%. Maximum price $17.26, minimum price $14.03. Ethereum Classic price forecast at the end of the month $15.09, change for July -12.6%. Maximum price $20.55, minimum price $16.05.

Maximum price $12.07, minimum price $9.72. Ethereum Classic price forecast at the end of the month $11.28, change for March 16.0%. Maximum price $10.40, minimum price $8.38. Ethereum Classic price forecast at the end of the month $9.72, change for February 16.0%.

Ethereum Classic is one of those coins that remain in the market even after several other coins cease to exist. Therefore, it becomes necessary to have an Ethereum Classic price prediction and know what benefits it may give you. We use technical analysis to forecast future Ethereum Classic values. However, to fully understand the present situation and have some vision of the future, it is necessary to attentively track the movements in the crypto market. However, Gov.Capital has forecasted that the value of the Ethereum Classic would be a little less than $2.68 this year. The coin would roughly reach $63.58 in 2023, then rise to a little under $114.95 in 2024.

After that, it would be approximately $146.25 in 2025 and should be around $195.79 in 2026. The https://currency-trading.org/ then should slightly rise to about $248.62 in 2027. On May 6, 2021, the price of Ethereum classic was $176.16 but then it reached $32.51 on the same day due to the crypto market crash. The price rose in the next month, reaching $62.01, but subsequently fell to a low of $37.95 before continuing its upward path. ETC reached a higher level of $76.94 in August after May.