Ethereum Classic Price Analysis: Ethereum Classic (ETC) keeps the upsurge locked; indications of Price Rally in the chart

Ethereum Classic (ETC) seems to start the price rally very shortly. The coin is climbing up on the chart with tremendous speed. The coin was seen suffering in the last week, but the last hours brought the major change in the coin.

The traders are gazing at the Ethereum Classic chart. The coin is speculated to touch $8 in the coming days. Talking about yesterday, the coin touched a high at 7.41 USD and a low at 6.87 USD. The coin marked 829,563,023 USD as the volume on yesterday’s market.

Current Statistics of Ethereum Classic:

  • The coin stands at 7.28 USD.
  • The ROI is marked as 867.30%.
  • The coin is at the 16th rank in the crypto market.
  • 928,338,970 USD is the 24hr volume.
  • 822,247,574 USD is marked as the market cap.
  • Ethereum Classic (ETC) has circulated 112,986,563 ETC coins.

ETC to USD Price Comparison:

The chart is taken from Trading View on 26th August 2019, at 08:20:25 UTC for price analysis.

ETC Price Prediction
ETC Price Chart by TradingView

Yesterday, the coin opened at $6.8 and jumped to $6.9. Further, the price changed from $6.8 to $7.4 by 7.90%. But in the later hours, the coin slipped and closed at $7.120. The intraday escalation was of 3.91%. Today, the coin jumped from $7.1 to $7.3 by 3.36%. The coin has escalated from $7.1 to $7.2 by 2.24% from the beginning of the day.

ETC Price Prediction and Conclusion:

The marketers have often blamed Ethereum Classic to get influenced by Ethereum. Well, from the last couple of days, the coin has broken the myth as it has paved its way to start the upsurge. Yesterday, Ethereum was dealing with the bear, but Ethereum Classic was heroically climbing up.

The coin holds a high expectation of future upsurge. As per Ethereum Classic Price Forecast, the coin is likely to touch 10 USD by the end of 2019. Towards the beginning of 2022, the coin might be seen near 15 USD. The coin is highly recommended for the long-term investors. The coin is speculated to give the best result in the specified time.

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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