Ethereum classic price predictions – Will the Price of ETC Surpass Other Cryptos?
Ethereum is one of the names of cryptocurrency when we make a list of the top ten cryptos in the world. Therefore, the need for Classic Price Prediction has increased. In this article, we will be giving you the price analysis or prediction about Ethereum which we have done on the technical observations or analysis.
Notably, Ethereum is one of the cryptos that allow DApps and other Blockchains to interact with each other. In the era of crypto coins, every member of the digital currency has been making efforts to revolutionize the crypto market before its competitors. As a result, ETC follows the same line for competition against its rival digital currencies.
In the below article, you’ll be seeing the analysis as well as the idea about the Ethereum classic price predictions. So keep reading till the end, so that you will become more aware of the price of ETC.
Can the ETC price surpass other cryptos??? We’ll found this answer in the middle of this blog post. But before proceeding to that one, you should also know that “What is Ethereum Classic Price Predictions?”
Let’s find out!!!
The below table gives you the estimated overview of some of the properties of Ethereum Classic.
|Current Price||$ 53.01|
|All-Time High Price||$ 176.16|
|All-Time Low Price||$ 0.4524|
|Marketing Cap||$ 6,199,514,178.38|
|Trading Volume of ETC||$ 2,531,285,535.02|
|Circulating Supply||128,741,167.72 ETC|
|Estimated Total Supply||210,700,000 ETC|
|Estimated Max Supply||210,700,000 ETC|
What is ETC?
You will be wondering whether Ethereum (ETH) and Ethereum Classic (ETC) are the same or the two different terms of cryptos. So if you’re curious, let me clear yourself. Before ETC, Ethereum and Ethereum Classic were the same. Unfortunately, due to some reasons, both parted their ways with each other. Hence one has now become Ethereum classic and the other you already know i.e. Ethereum (ETH).
With said that, now ETC has its own digital coin, which is used to purchase any premium service within the network of the company. Moreover, the ETC has been using it to give away rewards to its miners.
What is the Current Market Status of Ethereum?
Typically, the ETC trades usually somewhere between $41 to $44 along with a daily trading volume of $1,527,347,201. In addition to this, ETC has a current circulating supply of more than 127,880,233 ETC. Furthermore, the top cryptocurrency exchanges for ETC are:
- Huobi Global
Now, let’s move towards the main section of this article i.e. Ethereum classic price predictions.
ETC Price Analysis:
At the time of writing, the Ethereum classic stands in 19th place on CoinMarketCap. But it’s also possible that with the upgrades, development, and latest changes in the Blockchain in its network, there’re chances that the crypto will go on top position as well (top 10).
In the near future, we can assure that it has a higher chance of going bearish rather than bullish. Moreover, during the Covid period, we’ve seen a rapid growth of its trade volume.
After the start of 2021, we’ve been seeing many downfalls of its moves, which have increased than the previous year (2020). Moreover, the downfall of digital currency is due to the following reasons as mentioned below:
Ethereum Classic Price Predictions 2021:
The chart from TradingView shows that Ethereum has been performing well in the past few weeks. In addition to this, if it continues to perform well consistently then it will also overtake its price of resistance level i.e. $80.91, and could move further high. Furthermore, according to TradingView, its chart shows the bullish trend.
Long story short, if the bullish trends continue, there are chances that the price will continue to increase.
ETC Price Prediction 2022:
As mentioned, if the bullish trend continues, the price is expected to go $92 at the end of 2022. However, during the first quarter of 2022, we’ll be seeing a fast increase in the price of ETC. Therefore, the price is expected to go over $105 during the first half of 2022.
After the first half of 2022, the price will gradually slow down or decrease. As a result, at the end of the year, the price could reach near $92.
ETC Price 2023:
As per the technical analysis and observations, the price of ETC could be $120 by the end of 2023. Also, the latest upgrades, developments, and Blockchain companies will start investing in Ethereum at the end of 2023.
Ethereum Price Prediction 2024:
After the latest upgrades, developments, blockchain prediction, and the upcoming investments from various sources to the network, the price will further go to $135. Meanwhile, the investors of ETC will be expecting many partnerships in 2024. As a result, you’ll be seeing a boost in ETC prices in the crypto industry.
Ethereum Classic Price Predictions 2025:
In 2025, you could see the price of it to $165. That would be not difficult for this crypto because additional medium, short-term, and long-term price targets could be found to trade the digital currency. Hence, during the next 5 years, we’ll be seeing a major increase in the price of ETC.
Top 10 cryptocurrencies in the world:
The following are the top 10 crypto coins in descending order (from high to low).
- USD Coin
- Bitcoin Cash
Just a reminder: This list of top 10 cryptos was last updated on July 1, 2021, using the Coindesk 20.
To sum up the article, we can say that we’re seeing a bright future of Ethereum Classic in the next four to five years. As mentioned above, the prices of Ethereum Classic will be increasing in the next few years as we predicted by technical analysis and observations. With the ongoing developments and upgrades within the ecosystem or network, alongside the overall growth of the crypto industry, we might see an increase of value in Ethereum Classic.
As we all know, Ethereum Classic lies in a critical state in the industry of crypto. As per the trend of bullish as shown in the charts of TradingView, the price prediction of ETC in 2021 is $80. Also, it may reach new heights in the crypto world. This is only possible if its investors decide that it could be a good investment in 2021, alongside top cryptocurrencies, such as Bitcoin and Ethereum.
Last but not the least, the main answer what we wrote at the beginning of the article. Will the price of ETC surpass other cryptos of the world? To answer this question, we can say that it’s too early to guess the exact top value of the coin. Hence, we’ll have to wait until the price increases and we will have to see other cryptos as well for the price prediction and vise versa. However, after the announcement made by Elon Musk that Tesla will be again receiving Bitcoin as a payment for its EVs, the price and value of BTC have once again increased. Therefore, we can’t see any other crypto near to Bitcoin in terms of price, even Ethereum itself is no way near to Bitcoin.
Do you think it is good to invest your money in Ethereum Classic??? What will be the price of ETC in the next 5 years??? Will ETC Surpass its Current ATH? Can ETC reach $80 soon? Is ETC a good investment???
So what do you think about the Ethereum Classic??? Let us know in the comment section.
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