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Price Analysis

Ethereum Classic Price Analysis: Ethereum Classic (ETC) Price Reflects Recovery

  • Ethereum Classic price opens with drops in the intraday chart.
  • The intraday recovery spike hopes amongst the traders.

Ethereum Classic price has been behaving astoundingly different. The coin is speculated to start the upsurge in the market. ETC coin closed on yesterday’s chart with a profit when most of the big forces were dealing in heavy losses.

ETC to USD Price Comparison:

The chart is taken from TradingView on 16th August 2019 at 07:50:04 UTC.

ETC Price Prediction
ETC Price Chart

Yesterday, ETC coin opened with an upsurge of 3.06%. The price changed from $5.603 to $5.774 by 3.06%. The price of the Ethereum Classic further dropped from $5.774 to $5.310 by 8.04%. Then, ETC coin escalated again from $5.310 to $5.672 by 6.86%. The intraday progression is of 0.78%. The coin closed at $5.643. Today, Ethereum Classic opened with a fall. The regression was 3.13% as the coin dropped from $5.643 to $5.466.

Current Statistics of Ethereum Classic:

Particulars Ethereum Classic (ETC)
Price5.534 USD
ROI635.98%
Rank20
Market Cap624,265,962 USD
24hr Volume503,083,183 USD
Circulating Supply112,741,919 ETC

Ethereum Classic Price Prediction & Conclusion:

Ethereum Classic has reflected great potential lately. The traders were expecting much from the coin, but it has filled their pockets with considerable returns. The coin is expected to embark the same trend in the coming time again. In the coming years, the coin could be seen dealing with better returns.

ETC, the coin has gained a lot of popularity lately, all because of the momentum of the coin. The currency is now counted amongst the most promising coin in the market. Traders are recommended to dig in for short-term in the coin. The currency is speculated to give the desired result in the given period.

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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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