Price Analysis

Ethereum Classic Price Analysis: Ethereum Classic Shows 7% Surge from $5 to $6 in Last 5 Days

  • Ethereum Classic moves up from $5 to $6 since last week
  • ETC has resumed to rising trends after stalling for long

It seems that Ethereum Classic is slowly coming back in the game of surging trends as the coin has shown sudden jumps in the last 5 days. It is now trading above $6 and may continue to move upwards till the end of the week. ETC may close this month on a better note trading at or above $7. The current market performance of the coin is progressive and inspires investments.

Ethereum Classic Price Statistics:

In the last 5 days, ETC has shown a surge of 7% from $5.64 to its current value at $6.05 as on July 23, 2019 at11:14:54 UTC. The coin has also jumped to $6.5 yesterday recording a sudden growth after a long time, and it may have slumped since then but is anticipated to rise back again.

Ethereum Classic price chart - july 23

  • The current trading ETC price token is noted to be $6.05 and 0.00060610 BTC
  • The market cap of the coin is now $678,573,092
  • The 24h volume of the coin is $576,811,588
  • The ROI of the coin has reached 702.56%
  • The circulating supply of the coin is 112,157,258 ETC

ETC closed trading yesterday at $6.36 and may reach up to this value today again. The coin may also cross it by tomorrow and head towards a bigger target of reaching $7 by the end of this month.

Ethereum Classic Price Prediction:

In the last 30-days, ETC has surged as high as $9.6. The pace of the coin slowed down a lot in July, but it is not losing its rhythm yet and may accelerate very soon. This time, ETC may trade around $10 by the end of the year.

Conclusion:

This is a good time to invest in the crypto like ETC as it has a lot of potentials and may prove to be highly beneficial in the long run.

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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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