Ethereum Classic Price Analysis: Ethereum Classic (ETC) Price Exhibits A Volatile Yet Positive Outlook

  • Ethereum Classic (ETC) indicates price escalation.
  • The movement could be volatile, but the result is flourishing.

Ethereum Classic (ETC) price has always been fluctuating. The currency is expected to keep the price up. The traders who have invested in the coin are familiar with the adventure which ETC offers. Along with that, the benefit of investing in the coin is that we can easily judge the downtrend. So, exiting at the right time saves from many hassles.

Current Statistics of Ethereum Classic:

  • The coin is currently trading at $5.82
  • The ROI is noted as 666.98%.
  • The coin has marked $649,994,834  as the Market Cap.
  • The 24hr volume is $423,247,702.
  • The Circulating Supply has 112,644,266 ETC.

ETC to USD Price Comparison:

The chart is taken from Trading View on 12th August 2019 at 04:48:31 UTC for price analysis.

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ETC Price Prediction
ETC Price Chart

The 3-day chart is reflecting a volatile movement of the coin. The coin opened with a moderate movement on 10th August and it slipped from $5.8 and went down to $5.6 having a downtrend of 5.19%. The coin closed at $5.7 with a fall of 1.98% in the intraday movement. Yesterday, the coin took a tremendous upsurge of 1.68% when the price jumped from $5.7 to $5.8. The coin closed with a $0.72% change. Today, the coin is trading at $5.8. We are expecting a good day for the intraday traders.

Ethereum Classic Price Prediction and Conclusion:

Ethereum Classic (ETC) is expected to maintain stability, and with time, the coin would begin the price rally. The investors interested in the coin should plan for a short-term period. Due to the volatility quotient, we would avoid recommending a long-term investment plan. In the coming time, the coin would be seen dealing around $10 by the end of 2019.

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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