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Ethereum Classic Price Prediction: Will ETC Follow Ethereum's Path?
ByAinvest
Tuesday, Apr 29, 2025 5:05 pm ET1min read
Ethereum Classic (ETC) price prediction: The token has seen an 89.8% decline since its all-time high of $167.09 in May 2021. It's currently trading at $17.05 with a market cap of $2.58 billion and a 24-hour trading volume of $85.36 million. ETC is expected to rise by 64.86% to reach $28.06 by May 29, 2025, according to CoinCodex's price prediction. The overall sentiment of the ETC price outlook is neutral with 11 technical analysis indicators showing bullish signals, 12 indicating bearish trends, and 12 showing neutral forecasts.
Ethereum Classic (ETC), a hard fork of Ethereum, has experienced a significant decline since its all-time high of $167.09 in May 2021. Currently trading at $17.05, ETC has a market cap of $2.58 billion and a 24-hour trading volume of $85.36 million. CoinCodex predicts ETC to rise by 64.86% to reach $28.06 by May 29, 2025. The overall sentiment is neutral, with 11 technical indicators showing bullish signals, 12 indicating bearish trends, and 12 showing neutral forecasts.According to the latest long-term forecast, ETC is expected to hit $20 by the end of 2024 and $25 by the middle of 2025 [1]. By 2030, the price is predicted to rise to $50, and by 2036, it is forecasted to reach $75. The price has shown a consistent upward trend, with a year-over-year increase of 144% in 2028 and 188% in 2029 [1]. These predictions suggest a substantial recovery in the ETC price over the next decade.
However, the market sentiment is mixed, with both bullish and bearish indicators. The coin's price has been volatile, with a 23% decrease from the beginning of 2024 to the current trading price [1]. The price is expected to climb to $25.06 in the first half of 2025 and close the year at $23.57, showing a 39% increase from the current price [1].
The price prediction for ETC is based on historical data and long-term forecasts. It is essential for investors to consider these factors and conduct thorough research before making investment decisions. The cryptocurrency market is highly volatile and influenced by various factors such as regulatory changes, market sentiment, and technological advancements.
References:
[1] https://coinpriceforecast.com/ethereum-classic-forecast-2020-2025-2030
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