Ethereum Classic Price Analysis: ETC Value Seems To Be Dropping Down Today!

ETC is trying to attain some visibility from Berlin for the first time. But are they going to succeed with the same? Maybe today’s analysis will help in understanding if the valuation has improved because of the same.

Current Statistics of Ethereum Classic:

  • Market Ranking: 18
  • Return on Investment: 703.20%
  • Total supply/ Circulating Supply: 112,882,800 ETC/ 112,882,800 ETC
  • 24 Hour Volume: 833,460,288 USD
  • Market Cap Value: 682,131,813 USD
  • 7 Day high/ low: 6.38 USD/ 5.37 USD

ETC to USD Price Comparison:

ETC Price Prediction
ETC Price Chart by TradingView

Yesterday, the value was initially seen at $6.359 at 03:33 UTC. The value then dropped by 7.24% at 16:07 UTC when the value dropped to $5.899. The value was seen escalating from there by 5.24% today at 01:05 UTC with the trading value changed to $6.205. The value from then is dropped to 2.39% as of now.

ETC Price Prediction and Conclusion:

Users might have to hold on to their position for a while to boost some returns in the ETC network. Based on ETC forecast, a touch down to $10 might be visible by the end of the year.  But well,  it will be worth watching! You might want to hide your returns as of now to enjoy the greater profits in the future. Meanwhile, the resistance support level may assist you with intrastate trade decisions:

Resistance Levels:

R1: 6.38, R2: 6.62, R3: 6.87

Support Levels:

S1: 5.89, S2: 5.64, S3: 5.4

We should not overlook that Ethereum Classic is known to be a compelling coin (after Bitcoin, obviously) in the realm of digital currency. In any case, ETC may walk consistently; however, it appears that it may increase your interests in the coming years.

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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