Ethereum Classic Price Prediction 2023 2030 Is ETC a Good Investment?

Ethereum Classic continued on the blockchain, while Ethereum took a turn. This has to do with the controversy surrounding the DAO hack in 2016, in which $50 million worth of Ethereum was stolen. DAO stands for decentralised autonomous organisation and would act as venture capital in a decentralised environment.

• Ethereum Classic is one of the oldest cryptocurrencies that happened to become familiar with the Ethereum hack.
• Elena is an expert in technical analysis and risk management in cryptocurrency market.
• The blockchain is almost an exact copy of its big brother Ethereum.
• This chart shows long-term ETC crypto price prediction for the next several years.

Ethereum Classic price forecast at the end of the month $7.16, change for July 14.0%. Ethereum Classic price forecast at the end of the month $6.28, change for June 16.1%. Ethereum Classic price forecast at the end of the month $5.41, change for May -16.0%.

Latest About Ethereum Classic

The prices were heated slowly, and there were limited swing changes throughout the past year. Let us analyze the Ethereum Classic forecast for the upcoming years before deciding on tokens. Ethereum Classic blockchain supports programmability. It permits developers to write and execute programs for dApps and smart contracts. Ethereum Classic price is expected to reach $65 by 2027.

The circulation supply is 136 million tokens. Ethereum Classic price prediction for January 2027. Ethereum Classic price prediction for January 2026. Ethereum Classic price prediction for January 2025.

Will the Ethereum Classic price go up?

Maximum price $16.95, minimum price $13.24. Ethereum Classic price forecast at the end of the month $14.24, change for July -16.0%. Maximum price $18.14, minimum price $14.61. Ethereum Classic price forecast at the end of the month $16.95, change for June 16.0%. Maximum price $15.63, minimum price $13.59. Ethereum Classic price forecast at the end of the month $14.61, change for May -4.1%.

• Some factors govern the movement of ETC price with volatility, being the most influential one.
• A complete private Ethereum blockchain is actually centralized to one organization for writing permissions.
• The ETC price prediction from Gov Capital put the price of the coin at around $45.99 on 21 December next year, rising to a little under $224.04 in five years’ time.
• Based on our technical indicators, Ethereum Classic’s 200-day SMA will drop in the next month and will hit $ 22.00 by Apr 14, 2023.

With several upgrades in the , Ethereum Classic might enter a bullish trajectory. If the coin grabs the attention of major investors, ETC might rally to hit $45 by 2025. The Relative Volume of Ethereum Classic is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of ETC lies below the cutoff line, indicating weak participants in the current trend.

Ethereum Classic Price Prediction 2026 – 2030

It hovered around the $30 mark for most of January, but rebounded in March to reach a high of $52.17. From there, a series of market crashes saw it drop to a low of $12.60 on 18 June. It recovered and spent a few months hovering between $20 and $30, before the collapse of the FTX exchange saw a market crash which sent the coin down to a low of $14.89 on 19 December. On 21 December it was back up to about $16.40. At that time, there were just over 138 million ETC in circulation out of a total supply of 210.7 billion.

Yet, as we all know, the crypto market is quite unpredictable, so we will have to wait and see. Keeping our conservative approach, we won’t try to make ridiculous price predictions for Ethereum Classic. Although many believe that by 2026 the price of ETC will be at least $129, we’d give a different value. While it is impossible to say exactly what the price of Ethereum Classic will be in 2023, most experts agree that it has the potential to reach new heights. More realistically, we can expect the price of Ethereum Classic to reach $68 – $76 by the end of 2023. Some of the financial industry’s top names have lent their weight to Ethereum Classic’s price prognosis.

CoinPedia’s Ethereum Classic Price Prediction

https://www.beaxy.com/ breaks from those levels could indicate higher volatility in the coming days. As a long-term forecast, if Ethereum Classic grows in price and shows good profit margins, its price prediction can hit $52.10 by 2025. But negative sentiments like a mining ban or a market collapse can pull a low of $39.54. Ethereum Classic is the basic Ethereum token, created on the smart contracts system, which first appeared in 2015.

Infact, in the past 24 hours, ETC has dumped by -10.02%. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and ETC could hit $33.04 in 2024. It’s impossible to predict the future, but Ethereum Classic does have some things working in its favor. For starters, having launched in 2016, it’s one of the more established cryptocurrencies. It also has a strong community of developers and supporters.

2026 is actually not too far away, but in terms of crypto, it is. We believe that Ethereum Classic will be evaluated GMT at anywhere between $128 and $141. Keep in mind that this could also be the year when we see another bear market, in which scenario the price can drop by up to 80%, resulting in a price evaluation for ETC at around $21. We believe that by the end of 2024, the price of Ethereum Classic will reach at least $85. If we let ourselves be a bit more speculative, we’d raise it to $97. Learn more about our full range of powerful features including the best charts on the web.

As incumbent institutions are increasingly threatened by the wild potential of blockchain tech, only truly decentralized and secure cryptocurrencies will survive. TheNewsCrypto is an online media publication that helps to educate readers about news, exchanges, and markets in the crypto and blockchain industry. Ethereum Classic is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then Ethereum Classic will hit $25 soon. The above chart also represents the Relative Volatility Index of Ethereum Classic .

Mystique is a united hard fork implemented across participants to improve protocol working. The hard fork was successfully activated in the second week of February, and Mystic brought a subset of EIP, part of Ethereum’s London fork. The hard fork is specified in Mystique EVM and protocol updates. It includes alternative refund reduction (EIP-3529), and EIP-3541 will reject new contracts starting with 0xEF byte.

SoFi will apply a markup of up to 1.25% for each crypto transaction. With continuous improvements in the Ethereum Classic network, we can say that 2023 is a good year for ETC. For this reason, the bullish price prediction of Ethereum Classic in 2023 is $45.52. On the other hand, the bearish price prediction of Ethereum Classic for 2023 is $12.93.

The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action. Some traders use different moving averages than the 50-day and 200-day SMAs to define death crosses and golden crosses. However, all definitions include a short-term SMA crossing above or falling below a long-term SMA. The key price level for Ethereum Classic are the $ 17.49, $ 16.59 and $ 15.02 support levels and the $ 19.97, $ 21.54 GMT and $ 22.44 resistance levels.

According to etc coin futureDesk’s historical price data, ETC’s price surged to a peak of $42 during the 2017 bull run, before crashing to a low of $3 during the crypto-wide bear market. Amid the resurgence of buying momentum in 2021, ETC’s price skyrocketed to an all-time high of $134. But even though the two coins initially had the same future supply projections, differences came about over time as each coin evolved. That is supposed to make ETC a better store of value than Ethereum, because its tokens are scarcer. For more information on digital asset risk see FINRA, SEC, and CFPB public advisories.

Ethereum Classic price forecast at the end of the month $4.97, change for October -16.0%. Ethereum Classic price forecast at the end of the month $5.92, change for September 15.9%. Ethereum Classic price forecast at the end of the month $5.11, change for August -10.0%. Ethereum Classic price forecast at the end of the month $5.68, change for July -16.0%. Ethereum Classic price forecast at the end of the month $6.76, change for June -16.0%.