Price Analysis

Ethereum Classic Price Analysis: ETC Slows Down Before An Anticipated Bullish Trend

  • Huge anticipation on Ethereum Classic’s bull run to reach $10
  • Ethereum Classic slows down just to push back with full force

Ethereum Classic has shown tremendous growth in 2019, and investors are eagerly waiting for the coin to cross $10 mark. There has been a recent announcement on expanding the functionality of the ETC coin and increase its compatibility with the world’s second largest cryptocurrency Ethereum (ETH). This will lead to an increase in mainstream adoption of Ethereum Classic and will lead to instant exponential growth in the value. The coin has been fairing at a value of $9 since quite a few days, and the market eagerly awaits it to cross the $10 milestone. As per the current price statistics, it may happen sooner.

ETC Price Statistics:

ETC coin has shown an uptrend of over 18% in the last 25 days, but in the last 2 days, the coin value has fallen from $9.56 to $9.02 showing a downtrend of over 5%. As on June 4, 2019, at 09:09:24 UTC, the following price trend was observed.

ethereum classic price chart

  • Ethereum Classic is currently trading at $9.02 & 0.00113141 BTC
  • The market cap of the ETC coin is noted at $996,596,933
  • The 24 h volume is recorded at $1,123,183,632
  • The ROI of the coin stands at 1080.71%
  • The circulating supply has reached 110,957,833 ETC which is equivalent to the total supply of the coin

ETC Coin Comparison

ETC price has shown a rising trend since the beginning of 2019 and is close to approaching the $10 mark. There has been a slight diversion in the continuous upward movement with the ETC coin value falling from $9.83 to as low as $8.77 in the last 24 hours. It may again rise back and close the day on a high note.

Ethereum Classic Price Prediction:

The Ethereum Classic price can be predicted to cross the $12 mark by the end of June 2019. ETC coin has the potential and market support to reach over $25 by the end of 2019.

Conclusion:

Ethereum Classic is the investment for the future. Hold on to the currency as the tables may change very soon.

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Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.
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