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Price Analysis

Ethereum Classic Price Analysis: Ethereum Classic (ETC) Explores Options To Entice Users On The Platform

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  • Ethereum Classic focuses on providing dApps to users
  • Ethereum Classic may rise up to $10 in the coming weeks

Ethereum Classic may have been drifted from its path of rising up to $10 for quite some time now, but the coin may pick up the pace soon and surge higher in the coming weeks. The firm has been focusing on bringing more and more users to the platform by increasing focus on the decentralized feature of the applications and finding alliance like the one in JADE Suite to fulfill the objective. The market statistics currently are maybe little slow but hinting towards change.

 ETC to USD Price Comparison:

As on July 11, 2019, at 05:45:03 UTC, Ethereum Classic price is noted to be trading at $6.640 and has recorded a downtrend of over 16% in the last 5 days when the coin value was at $7.91. The price of ETC surged as high as $8.08 but then started crumbling down drastically and reached below $7 within a day’s time.

ETC Price Prediction
ETC Price Chart by TradingView
  • The price of ETC coin is noted to be $6.640.
  • The 24-hour volume of the coin has reached $634,708,570
  • The Market Cap of the coin is now $718,193,667
  • The ROI of the coin is noted to be 763.62%
  • The circulating supply of the coin is 111,856,836 ETC

Most of the cryptos have been struggling to maintain an uptrend in these testing times when Bitcoin prices are unable to maintain a steady trend. ETC is on the same boat. The coin recorded the lowest at $7.02 yesterday and has moved further down $6.22 today.

Ethereum Classic Price Prediction:

ETC has been wandering around $8 value since a long time now, and every time it reaches close to touching $10, it slips down again. This has been a long wait of almost 90 days now when the highest recorded value of ETC is $9.69. It seems to take a little longer for ETC to trade above $9 again and the coin may reach up to $20 by the end of the year.

Conclusion:

This is a good time to buy ETC in bulk and start trading whenever the coin goes above $8.

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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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