Ethereum Classic Price Prediction Is Ethereum Classic a Good Investment?

In addition, Ethereum Classic also has a very active community that actively supports the coin. Thanks to the loyal and tech-savvy community, the coin is expected to reach new heights in the next few years. Ethereum Classic price forecast for 2028 forecast ETC to reach the lowest possible level of $188.14 in 2028.

In fact, privacy is the hallmark of ETC, which has been the center stage of all currency activities gaining worldwide acceptance. Unlike many other cryptos, Ethereum Classic price predictions saw extreme growth for almost the entirety of 2017. In January, its exchange rate was just below $2 and there was high risk due to price drop. By September, it had climbed up to an incredibly high and crossed the $18 mark, but even that was too pale in comparison to the growth spurt that awaited it.

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On the other hand, based on Ethereum Classic predictions, it may correct towards $44. Stating that a jaw-dropping possibility does not exist and that bulls will ride the crypto market, it is once again expected that the ETC coin will rule the crypto industry with a average price pegged around $35. Which shows Ethereum Classic has the full potential not only to sustain but consistently grow even in adverse conditions.

Based on the ETC price prediction 2025, the coin is estimated to reach the minimum price of $38 and the maximum price level of $42 by the end of 2025. According to the Ethereum Classic price prediction 2023, the price of ETC might cross the level of $30. 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.

Market sentiment:

Cilinix Crypto Youtube channel’s latest update on Ethereum Classic suggests that the coin has potential despite breaking below the $28 support. The support levels dropped lower to $24 – $25, which, when reached ETC, will potentially surge to the $30 mark in the next bull run. Overall, Ethereum Classic appears to form a short-term downward trend, but some bullish signals suggest the pair might be setting up for a rally toward higher levels. For now, traders should keep an eye on the $20.35 support level, as any break below this point could signal further downside potential.

Check our comprehensive cryptocurrency price page for information at a glance. Ethereum Classic proved to be one of the most talked about coins in the crypto space this past year. With this in mind, it is wise to say that ETC is a good choice of investment. Ethereum Classic also maintains the Proof-of-work blockchain consensus model while Etherem moved to Proof-of-stake in the second phase of a three phase Merge which is expected to be completed sometime later in ETH 2023. Circulating supply shows the number of coins or tokens that have been issued so far. Market cap is calculated by multiplying the asset’s circulating supply with its current price.

Ethereum Classic Technical Analysis

We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions. Ethereum Classic has had a significant increase in price since its inception and is expected to continue its upswing. This has drawn the attention of many market experts who have given their opinions on the Ethereum Classic market.

None of the content on Changelly, including the Ethereum Classic price forecast, is investment advice, nor is it a replacement of advice from a certified financial planner. Before deciding to buy Ethereum Classic, we recommend you to do your own research. As of now, Ethereum Classic price is $20.14 with Ethereum Classic market capitalization of $2,814,913,886.99.

At the same , ETC is considered an insult and an attack on the Ethereum community. ETH is backed by Enterprise Ethereum Alliance which aims to use smart contracts in Fortune 500 companies . DigitalCoinPrice has bullish long-term Ethereum Classic predictions, suggesting ETC’s price could reach a minimum of $239.05 by 2030 and a maximum price of $478.16 by 2032.

However, as both chains evolved, the https://www.beaxy.com/ changed because of the functions of token maintenance on their protocols. With rising inflation in the global economy, cryptocurrencies continue to gain traction as they are considered a hedge against a financial slump. ETH is a powerful example of what the Ethereum community can accomplish when it comes together to solve a problem.

Here you can find answers to the most commonly asked questions, explore ethereum classic buy or sell Classic’s potential, check an ETC coin price prediction for the coming year, and more. Get an eye on Top Cryptocurrency to invest in 2022 with BuyUcoin’s Personalised Curated List of Top gainers. Stay Updated with Latest Ethereum Classic News and Price Prediction that provides you extra edge before deciding your next investment. Our Real Time Exchange for best prices and live price analysis chart will Give Wings to Your Crypto Trading Journey. Buy Ethereum Classic with BuyUcoin in less than 10 minutes and kickstart your crypto portfolio. Check ETC to INR price, choose one of the payment methods and buy Ethereum Classic at the best rates.

• Binance has the lowest transaction fee rate amongst all major trading platforms.
• Ethereum Classic isn’t planning to follow Ethereum’s switch to a different mining model.
• From there, a series of market crashes saw it drop to a low of $12.60 on 18 June.
• The percent change in trading volume for this asset compared to 7 days ago.
• They aim to maintain the ease of operation among the developers as much computing power is not needed to mine or operate the network.

As big institutions increasingly threaten incoming blockchain tech, only truly decentralized cryptocurrencies will survive the wild ride. Ethereum Classic has proven its ability to resist censorship against all the odds and to deliver the original Ethereum vision of robust applications. By combining the Ethereum technology with the philosophy of BTC, ETC is uniquely positioned to be the Smart Contract Platform of the future, as other chains are captured by special interests and become compromised. Another crypto analyst Crypto Vault has given his prediction for the ETC coin and believes it to be one of the most profitable investments in 2023. His technical analysis suggests Ethereum Classic could surge by over X6000 in the next 10 years. Ethereum Classic’s total supply is hard-capped at 210,700,000 ETC as of December 2017.