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Price Analysis

Will Ethereum Classic Price Start an Upward Trend?

  • Ethereum Classic price has been moving in a flattish range over the past day.

ETC has managed to stand ground in the ongoing bearish trend in the crypto market, though the price has shown variations since the beginning of July. The past one-day price trend has seen ETC moving in a flattish range above the baseline price of $6.4-$6.5.

ETC to USD Price Comparison

The past one-day price shows a flattish trend for ETC on September 18. On 2:32 UTC, the price was at $6.5322. It was moving in a slight range for most of the day and then at 21:38 UTC fell to $6.3840 by 2.27%. The current day’s price is at $5.9746, which shows a downward movement to the extent of 6.41%.

Ethereum Classic Price
Ethereum Classic Price Chart By TradingView

Ethereum Classic Price Prediction

Ethereum Classic has managed to maintain its momentum even in the bearish momentum. Analysts expect this short-term bearish trend to pass and ETC to get back on track in the medium-term.

Conclusion

Investors should hold their current investments from a long-term perspective. Short-term and day traders should exercise caution while trading.

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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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