Ethereum Classic Price Analysis: Will ETC Cross The $10 Mark In June 2019?

  • Ethereum Classic must cross the $10 mark in the next 30 days
  • Ethereum Classic maintains a steady upward trend

Ethereum Classic has got a bright future ever since it got tagged as the secured crypto by US Securities and Exchange Commission. The mainstream adoption of the currency is increasing at a rapid pace and it can exceed all expectations in the second half of 2019. ETC has also been supported by the group of scientists from Google and this reaffirms the strong technological backing which will last for a very long time. The investors, traders and merchants see no threat in making huge investments in ETC and the current market position assures a bullish trend around the corner.

ETC Price Statistics:

ETC price chart

As on May 31, 2019, at 11:08:11 UTC, the following price trend was noted for Ethereum Classic’s token:

Particulars Statistics
Price  (USD) 8.14
Price (BTC) 0.00097093
Market Capitalization 894,574,491
24h volume 871,402,601
Circulating Supply 110,860,573 ETC
Return on Investment 987.88%

The price of ETC coin has grown steadily since the onset of 2019 and has peaked as high as $8.82 very recently. This surge is expected to continue in the next few months as well. There has been an uptrend of over 38% in the value of the coin in the last 30 days when the price was noted at around $5.90. ETC is ranked at 18th position in the global markets and has shown phenomenal growth in a short span of time.

ETC Price Prediction:

Ethereum Classic has taken slow but steady steps since the beginning of the year to reach its current value and the second half of the year can witness a much more aggressive approach from the crypto. The price of the ETC coin can rise up to $20 by the end of 2019, but it will take at least one year more to cross its all-time high of $47. Two years down the line ETC can reach its expected target of $100.

Conclusion:

It’s a good deal to buy Ethereum Classic now as the currency has been gaining acceptance from major service providers and as per the ETC price prediction 2025, the long-term outlook is promising.

Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

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