Price Analysis

Ethereum Classic Price Analysis: Ethereum Classic’s 13% Surge In The Month May Increase Mass Adoption

  • ETC records 13% uptrend rising from $6.45 to $7.35 within a month
  • ETC may jump over $8 in the next month

Ethereum Classic has been trading within $6 margins since past 1.5 months, but the coin has come out of this loop now and has jumped over $7 mark. The current market performance of the coin is a reassurance to its high potential and it may turn out to be more profitable in the next few months providing better gains to the currency holders.

ETC Price Statistics:

As on August 23, 2019, at 01:47:05 UTC the price of ETC token has been noted to be $7.35 and it has recorded an uptrend of over 13% in the last one month. ETC was noted to be trading at $6.45 last month and it moved around the same value till the beginning of August when the coin also dropped as low as $5.56. However, there has been a steep surge in the coin value jumping from $5.91 to as high as $7.67. It continues to trade above $7 now.

ETC Price Prediction
ETC Price Chart by TradingView
  • The price of ETC token is now $7.35 and 0.00073127 BTC
  • The market cap of the coin has reached $834,967,852
  • The 24 h volume is $1,668,976,498
  • The ROI of the coin stands at 883.15%
  • The circulating supply is noted to be 112,907,317 ETC

ETC’s yesterday’s lowest value was $6.0 and it is currently trading above it. The coin may rise to $7.6 again by the end of the week.

ETC Price Prediction:

It has been a good year for Ethereum Classic for the coin started the year around $5 and has surged up to $9 in the first half of the year. It may go more profitable in the second half of the year.

Conclusion:

This is the right time to plan long term investments in the ETC token and start saving up for future benefits.

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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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