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Price Analysis

Ethereum Classic Price Analysis: Ethereum Classic (ETC) Might Provide Some Good Returns Quite Soon!

Ethereum classic team will be hitting Berlin for the very first time. ETC is inviting the guests to come and discuss ETC and the recent updates of the same.

Current Statistics of Ethereum Classic:

The value of ETC is trading at $5.52 at 03:13 UTC on 18th August 2019 and it seems that it might drop furthermore today. The other essentials contributing to the capitalization of ETC are calculated as:

  • Market Ranking: @20
  • Return of Investment: 624.72%
  • Total supply/Circulating Supply: 112,785,396 ETC/ 112,785,396 ETC
  • 24 Hour Volume: 353,212,088 USD
  • Market Cap Value: 614,948,514 USD
  • 7 Day high/low: 6.14 USD / 5.37 USD

ETC to USD Price Comparison:

ETC Price Prediction
ETC Price Chart by TradingView

The value was initially seen trading in the green zone yesterday at $5.645 at 02:12 UTC. Then the value dropped by 1.90% at 12:08 UTC yesterday with the trading value of $5.538. After that, The value slightly increased by 0.84% at 14:09 UTC trading at $5.584.

The value, however, dropped again by 1.13% at 20:51 UTC with the trading value changed to $5.521. It was seen up surging at 23:01 UTC by 1.07% with the trading value of $5.58. The value then dropped again by 1.06% today at 02:32 UTC with the trading value of $5.521.

ETC Price Prediction and Conclusion:

ETC might be opening the gates to the delightful returns for their traders. Well, this is what is implied of the trend of Ethereum Classic today as the trend is seen to be turning its trend in the bullish zone soon. The resistance support level will help them traders with a safer bid option:

R3: 5.7

R2: 5.62

R1: 5.55

Pivot Point: 5.47

S1: 5.4

S2: 5.32

S3: 5.25

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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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