Price Analysis

Ethereum Classic Continues to Trade with a Bearish Crossover

Ethereum Classic price is having a lot of variations due to the bears being strong in the crypto market. ETC price is in the lower range over the past day fluctuating between $6.69 – $6.84.

Current Statistics of Ethereum Classic:

As on Sep 05, 2019 at 6:37:53 UTC, statistical data of ETC are as below:

  • Current market price of ETC is $7.094
  • Current rank is 16
  • Current market cap is around $803,845,157
  • 24 h volume is at $557,201,003
  • ROI is at 843.61%
  • Circulating supply is at 113,230,634¬†ETC

ETC to USD Price Comparison:

Ethereum Classic Price
Ethereum Classic Chart By TradingView

The price of Ethereum Classic is in the lower zone as seen from the one-day chart of Sep 04. From a low of $6.692 at 1:13. Within 9h 38m, the price of ETC rose to $6.825 at 10:51 to the extent of 2.15%. In 4h 5m at 14:53, the price fell to $6.693 to the extent of 1.92%. In 5h 7m at 20:02, the price recovered at $6.844 to the tune of 2.32%. However, within 2h 32m at 22:37, the price had again fallen to $6.711 to the extent of 1.94%. Today the price is at $7.094 which is higher to the extent of 5.72%.

Ethereum Classic Price Prediction and Conclusion:

Ethereum Classic has performed well even in the current bear market and keeps bouncing back at regular intervals. The coin has a lot of potentials, so analysts expect the medium term to be bullish for the coin.

Investors can believe in the potential of the coin and invest for a long-term perspective. Short term investors can go in for investments by having a cautious approach.

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Mehak Punjabi

Mehak Punjabi is a post graduate in MBA with specialization in Finance and has joined CryptonewsZ with a skill building view in the world of cryptocurrency and blockchain. She is dynamic and a quick learner with a hold on financial analysis.
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