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Ethereum Classic Price Prediction

An up-to-date Ethereum Classic price prediction for 2021, 2023, 2025. Wondering what is the future of ETC price? Find out Ethereum Classic price forecast with historical, fundamental and technical analysis.
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Ethereum Classic Fundamental Analysis

Ethereum Classic emerged in July 2016 as a response to a hack on the Ethereum platform, known as a DAO attack where 50 million Ethers were stolen. Although most of the stolen coins were recovered, the creator of Ethereum, Vitalik Buterin along with a part of the community decided to run the hardfork. As a result, two groups emerged – the supporters of carrying out the hardfork and modifying the Blockchain to return the stolen coins and those who wanted to keep things immutable. Those who decided to continue with the original version founded a new platform called Ethereum Classic with Ethers Classic coins as a token. After an unpromising start, the currency managed to remain stable throughout 2017, experiencing a notable rise in June. Shortly after this peak, Ethereum Classic has gradually increased its value until reaching approximately $40 in January 2018. The increase in its price is attributed to a successful crowdfunding campaign when Ethers Classic has raised more than $ 143 million and was placed among the 20 most important cryptocurrencies by capitalization volume. Ethereum Classic is a decentralized blockchain-based computing platform that works with smart contracts and provides users with an unchanging, resistant blockchain platform that will allow developers to create decentralized applications (Dapps). Neither the state nor any other controlling bodies have authority over them. Dapps on Ethereum Classic should be more secure and transparent to create new types of applications that are not possible on centralized servers. At the same time, in Ethereum Classic applications all information about the program and transactions is stored and distributed across all nodes on a decentralized blockchain. Regarding its structure, Ethereum Classic is organized into nodes made up of clients that are also servers (with a total of 34,442 nodes). It uses the type of SHA3 algorithm based on PoW ("proof of work"), allowing the creation of distributed applications (Dapps) and smart contracts.

Project name
Ethereum Classic
Stock Symbol
ETC
Curr. Price
87.68
Curr. Supply/Total Supply
127316055.1929482
ROI Since Launch
No Data
Launch Date
2015-07-30

Ethereum Classic Live Price Chart

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Ethereum Classic Technical Analysis

Despite the fact that 100% accurate technical analysis for Ethereum Classic cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated ETC buy-and-sell rating for selected timeframe. The summary for ETC/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

Ethereum Classic Price Prediction

Below we have collected the most reliable price projections for Ethereum Classic (ETC) from popular forecast platforms.

#1. WalletInvestor ETC Price Prediction for 2021 and 2025

According to WalletInvestor, Ethereum Classic price will grow from $87.68 to $102.136 in one year. That makes ETC a good investment. The long-term earning potential is 16.49%. Predicted price for the end of 2026 is $161.732.

#2. TradingBeasts ETC Price Prediction for 2021-2022

Answering the question about if Ethereum Classic is a good investment, TradingBeasts say resounding no. In the 2021 perspective, this coin price is predicted to reach $75.239 with a growth to $91.571 by the end of 2022.

#3. DigitalCoin ETC Price Forecast for 2021-2025

In DigitalCoin analysis, the price of Ethereum Classic cryptocurrency will rise in the next 5 years starting from $88.061 as of today’s price to $313.967. It will go up to $145.87 by 2022 and continue its growth in 2023-2024. Based on the forecast, Ethereum Classic is profitable long-term investment.

#4. LongForecast ETC Price prediction for 2021-2022

In 2021, the average price will go up to $96.462. In 2022, Ethereum Classic’s price will drop significantly to an average of $81.242.

Summary

As it can be clear from the analysis cited above, Ethereum Classic (ETC) projections are rather contradictory. There is no universal consensus either about positive or negative future ETC price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Ethereum Classic projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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