Price Analysis

Ethereum Classic Price Analysis: Market pulls up Ethereum Classic (ETC) to $6


Ethereum Classic chart is reflecting a heavy recovery in the coin. The currency opened at $6.18. The escalation was of 0.89% as the coin went up to $6.241. Later, the coin slipped from $6.241 to $5.819 by 6.75%. The intraday loss was of 4.90%. Yesterday, the coin jumped from $5.838 to $6.012 by 2.20% during the first few hours. The currency slipped from $6.012 and took it to $5.845. The regression was of 2.77%. The coin closed at $5.9 by 0.73%. Today, the coin again opened with an escalation of 2.08%. The counters switched from $5.927 to $6.050. There is another progression marked in the coin. The escalation was from $5.925 to $6.192 by 4.50%.

ETC/USD Price Chart:

The chart is taken from TradingView on 08th August 2019 at 10:16:02 UTC.

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Ethereum Classic Price Prediction
Ethereum Classic Price Chart by TradingView

Current Statistics of ETC:

Particulars Ethereum Classic (ETC)
ETC Price 6.03 USD
ROI 701.78%
Rank 20
Market Cap 678,906,590 USD
Circulating Supply 112,547,711 ETC
24-Hour Volume 545,229,880 USD

Ethereum Classic Price Prediction and Conclusion:

Ethereum Classic has started the recovery. The coin would be seen touching new highs in some time. The traders interested in the coin can go for a short term investment to ensure profit. The long term is not as promising as the short term. Hence, we aren’t recommending the same.

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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