It’s true that Ethereum Classic was a great disappointment for investors in 2019. ETC price went down from $5.182 on January 1st 2019 to $4.613 on December 31 2019. However, it is worth monitoring our Ethereum Classic price prediction algorithm: Ethereum Classic might still have investment potential if not short term in 2020, then long-term. If you look for good return in 3 to 5 years, ETC might be the coin to watch closely now.
The current Ethereum Classic price is $8.42, its circulating supply is 116 313 299 ETC. Our algorithm predicts that based on historical data Ethereum Classic price will be at $9.42 in 1 week and $16.16 in 1 month. Our deep learning algorithm predicts the ETC price will be at $15.41 in 6 months. Analysis of the cryptocurrency market shows that Ethereum Classic price may reach $23.49 by 1st of January 2021 driven by the potential interest from large institutional investors and more regulation expected in the field of digital currencies. The system predicts that ETC will stay around $21.18 in 2020, $23.49 in 2021, $24.80 in 2022, $28.45 in 2023 and $31.64 in 2024.
While creating the Ethereum Classic prognosis our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $15.41 and lowest possible predicted price is $11.63.
The current market dynamics creates the impression that investors' interest in cryptocurrency market has faded away, which may not be the case. Cryptocurrencies that truly deliver value will not vanish, they will continue to grow – and Ethereum Classic has the potential to stay within "survivors" team. Our Ethereum Classic short-term and long-term prediction charts will help you choose the right entry time and create a proper exit plan.
Keep a close look on our Ethereum Classic Price Prediction Forecast Tool to get daily, weekly, monthly and yearly Ethereum Classic forecast updated daily. You can also check other cryptocurrency price prediction here.
What is the current price of Ethereum Classic (ETC)?
The current price of Ethereum Classic is $8.42.
What is the current market capitalization of Ethereum Classic (ETC)?
The current market capitalization of Ethereum Classic is $979 617 936.
What will be the price of Ethereum Classic (ETC) Tomorrow?
Our algorithm forecasts that the price of Ethereum Classic will reach $8.62 tomorrow.
In 1 year from now what will 1 Ethereum Classic be worth?
As per the forecast and algorithmic analysis, the the price of 1 Ethereum Classic will be around $21.18.
Is it profitable to invest in Ethereum Classic (ETC)?
The investment period is the number 1 decisive factor here. Based on last year price data the system would put "With Caution" investment status for Ethereum Classic (ETC) as a short term investment. Ethereum Classic can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will Ethereum Classic be growing in the Future?
Ethereum Classic is potentially one of the most profitable among digital coins.
How high can the Price of Ethereum Classic go?
Our algorithm forecasts that the price of Ethereum Classic will reach $31.64 by 2023.
Is Ethereum Classic (ETC) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy Ethereum Classic now.
ETC hasn’t shown any significant movement in the last 6 months. All indicators are pointing to a large ETC pump, and this coincides with the potential for an ETH pump as well. Both ETH and ETC generally move in tandem, so it’s critical to watch both of these projects. Although ETC doesn’t have the awareness, community, or lasting power that ETH does, it’s nonetheless a hedge against such an obvious bet. If you load up on ETC here, you’ll be ahead of the herd in profiting a large amount off of this next pump coin. There aren’t many chances to make huge profits at the moment, but ETC is looking like the prime choice.
Remember when ETC was trading around 11$ when it first landed on Coinbase? Once the bull kicks off for ETH we’re going to be a follow up run on ETC. We always see these correlations, such as BCH and BTC. It’s always a very smart plan to hold a hedged bet on the competitior of ETH, which is ETC. The moment ETC decides to go, it’s going to blast off because the main market for this coin is the Korean market. Last year, they pumped this coin with billions of dollars in a few hours. Don’t get caught without atleast a decent bag of ETC
I agree with the below posters that ETC is in a great looking position. ETC has been a good buy for months now, especially after their run in with the 51% attack. This is still a top coin thats completely recongizable, so it's a good moment to get in and just wait. Patience will always pay when it comes to these types of coins, and it has yet to see a big move in the green direction.
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