Crypto Rating presents Ethereum Classic price forecast and prediction for today, July 10, 2020. These forecast includes short-term price predictions (day, week, month) as well as long-term predictions (1-5 years) thus providing crypto investors basic guidelines.
Before revealing our algorithm's comprehensive analysis and predictions we recommend the potential investors to focus on the Volatility Index. It's one of the main things to be taken into consideration during Ethereum Classic's investment assessment. The Volatility Index reflects monthly price fluctuations within the 10% range. Our price prediction algorithm calculates the average monthly price for Ethereum Classic and analyzes the number of deviations in the indicated range.
The ETC's Volatility Index for the current month is 291. Such a high Volatility Index indicates that Ethereum Classic fluctuates dramatically in terms of average monthly price. It means Ethereum Classic investments include high risks and unpredictable results. But in terms of swing trading or short-term trading this cryptocurrency is highly suitable and recommended.
The current Ethereum Classic price is $6.39, its circulating supply is 116 313 299 ETC. Our machine learning algorithm gives a target price of $7.06 for tomorrow which means 10.49% change from the current price.
After examining the Ethereum Classic market capitalization, 24 hours volume and historical data our algorithm predicts that ETC price will be $5.98 in 1 week. That is -6.42% from the current level.
Our AI algorithm expects the price of ETC to be $6.58 in 1 month, 2.97% change. Our deep learning algorithm predicts the ETC price will be at $8.61 in 6 months. Analysis of the cryptocurrency market shows that Ethereum Classic price may reach $16.25 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 $11.04 in 2021, $16.25 in 2022, $28.07 in 2023, $48.58 in 2024 and $82.84 in 2025.
While creating the Ethereum Classic forecast our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $8.61 and lowest possible predicted price is $4.58.
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.
|5 years||$82.84||1 196.39%|
What is the current price of Ethereum Classic (ETC)?
The current price of Ethereum Classic is $6.39.
What is the current market capitalization of Ethereum Classic (ETC)?
The current market capitalization of Ethereum Classic is $743 801 948.
What will be the price of Ethereum Classic (ETC) Tomorrow?
Our algorithm forecasts that the price of Ethereum Classic will reach $7.06 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 $11.04.
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 $82.84 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.
We publish the most accurate Ethereum Classic Forecasts and News including crypto industry experts' opinion on a daily basis
What do you think about our Ethereum Classic price predictions? Share with us now in the comments section.
|Сryptocurrency||Volatility index||Price||Change, 24h|
|UNUS SED LEO||95||$1.22||0.24%|