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It is too early to think about a market reversal, according to CoinStats.Top coins by CoinStats
The price of Bitcoin BTCUSD has dropped by 1.55% since yesterday.Image by TradingView
On the daily chart, the rate of BTC is coming back to the support level of $65,129. If sellers’ pressure continues, the decline may lead to the test of the $64,000 range shortly.
Bitcoin is trading at $65,280 at press time.
Ethereum ETHUSD has followed the decline of BTC, going down by 1.41%.Image by TradingView
The rate of ETH has failed to keep yesterday’s bullish closure, which means that sellers are again more powerful than buyers. If the daily bar closes near the support of $3,432, there is a possibility to see an ongoing correction to $3,300.
Ethereum is trading at $3,509 at press time.
XRP is the exception to the rule, rising by 5.81%.Image by TradingView
Traders should pay attention to the closure in terms of the nearest resistance of $0.5301. If the daily candle closes with no long wick, there might not be enough strength for a breakout, followed by a move to $0.54.
XRP is trading at $0.5189 at press time.
It is too early to think about a market reversal, according to CoinStats.
The price of Bitcoin (BTC) has dropped by 1.55% since yesterday.
Bitcoin is trading at $65,280 at press time.
Ethereum (ETH) has followed the decline of BTC, going down by 1.41%.
Ethereum is trading at $3,509 at press time.
XRP is the exception to the rule, rising by 5.81%.
XRP is trading at $0.5189 at press time.
About the author
Denys Serhiichuk
The market capitalization of XRP has also surged, currently standing at approximately $27.65 billion, ranking it seventh in terms of market cap. The 24-hour trading volume has shown a positive trend, surging by 36% at $1.17 billion, suggesting active trading despite the market volatility.
Bitcoin on the other hand moves sideways above support at $65,000 after a gruesome week characterised by key events like the CPI report and the FOMC meeting. Losing this support could trigger more losses while defending will strengthen for a breakout to $70,000.
XRP price has decreased by 5% over the past month, fluctuating between $0.54 and $0.46. This tight trading range underscores the current struggle for market dominance.
XRP has shown a modest 0.15% dip in the past week, reflecting a gradual volatility trend with a slight market correction. This week, XRP has traded within a narrow range, highlighting the ongoing tug-of-war between bulls and bears.
A significant XRP whale has offloaded 31 million coins to a centralized exchange, coinciding with a recent price drop. This move has raised concerns among investors about the future of Ripple-backed cryptocurrency.
Large token dumps to exchanges are usually seen as bearish indicators. They increase the supply and can negatively affect prices. According to Whale Alert, an on-chain transaction tracking platform, a prominent XRP whale transferred 30.350 million XRP to two
centralized exchanges within the past day.
This substantial transaction, valued at $14.53 million, was mainly directed to Bitstamp, a crypto exchange based in Luxembourg. This shift indicates heightened selling pressure. Such significant sales often trigger bearish sentiments among market participants, disrupting market stability and leading to increased volatility.
XRP has seen notable fluctuations, indicating potential volatility in the market. XRP could surpass the $0.5 resistance level if the bullish momentum continues. Sustained upward movement may drive the price towards $0.7, possibly reaching $1 during the next bullish run.
On the other hand, if bearish sentiment prevails, XRP’s value could stabilize around $0.49. A further decline might see the price drop to $0.45, highlighting the cryptocurrency market’s unpredictable nature.
The daily technical indicators for XRP show mixed signals. The Moving Average Convergence Divergence (MACD) shows a bearish signal, with the MACD line slightly below the signal line.
The Relative Strength Index (RSI) is currently at 47, indicating a balance between buying and selling pressure. The Bollinger Bands on the daily chart demonstrate a notable pattern of volatility. The upper Bollinger Band is currently at $0.5369, while the lower Bollinger Band is around $0.47.
Related Articles
This past week has brought renewed optimism for XRP as Coinbase announced the relisting of the token for its customers in New York. The relisting follows a suspension due to ongoing regulatory issues with the U.S. Securities and Exchange Commission (SEC).
On June 13, Ripple’s legal team submitted a notice of supplemental authority in the U.S. District Court for the Southern District of New York. The notice alleged the “unreasonableness” of the SEC’s civil penalty, referencing a $4.5 billion settlement between the SEC and Terraform Labs and its cofounder, Do Kwon.
Meanwhile, Ripple cofounder Sean McBride shared his take on the Ripple vs. SEC battle. He criticized SEC Chair Gary Gensler, claiming his primary motive is to act as the “cop on the beat” rather than protect investors or foster the digital asset revolution.
XRP has been oscillating between $0.47 and $0.50, indicating buying near the support level and selling close to the resistance. That being said, current price dynamics suggest higher reversal potential around the $0.47 mark.
If the price turns down from the current level or the 20-day EMA ($0.50), it may drop below $0.46.
XRP’s market cap currently stands at over $29 billion, with a 104% surge in trading volume over the last 24 hours, reaching $2.3 billion.
Whales holding between 10 and 100 million XRP have shown significant trading activity, suggesting active redistribution of assets. Meanwhile, those holding over one billion XRP have increased their holdings since mid-April, indicating deliberate accumulation.
The past week saw significant liquidations as the BTC price fell below $66,000, resulting in nearly $180 million in liquidated leveraged derivatives positions across all crypto assets. This shakeout led to over $870 million in total liquidations, effectively flushing excess leverage from the market.
Many analysts had anticipated an imminent breakout for Bitcoin to new record highs, driven by slower inflation and softer economic data. However, attempts at rallies were quickly sold off, leaving BTC in a sideways trading range.
XRP/BTC has a correlation value of 0.72, which is considered high for altcoins. This means a BTC price correction will likely impact XRP price movement this week. If the BTC price rebounds, it could mean a potential buy signal for XRP.
While XRP’s price remains volatile, the legal and regulatory outcomes could set precedents affecting other cryptocurrencies. The recent increase in trading volume and whale activity, as well as the latest updates on EVM sidechain, hint at a potential uptrend.
Despite ongoing market turmoil and significant liquidations, XRP shows the potential for a recovery, supported by recent legal filings and strategic market movements.
About the author
Dan Burgin
After a steady decline, BNB price settled below the $280 level. It tested the $255 support zone and traded as low as $253.8. Recently, there was a recovery wave above the $260 level, similar to bitcoin and ethereum.
The price climbed above the $265 and $268 resistance levels. There was a clear move above the 23.6% Fib retracement level of the main decline from the $317 swing high to $253 swing low. However, bnb price is still trading below $280 and the 100 simple moving average (4-hours).
On the upside, the $280 and $285 levels are immediate hurdles. There is also a major bearish trend line forming with resistance near $285 on the 4-hours chart of the BNB/USD pair.
Source: BNBUSD on TradingView.com
The 50% Fib retracement level of the main decline from the $317 swing high to $253 swing low is also near $285. The next major resistance is near the $290 level, above which the price is likely to aim a test of the $320 level in the near term. Any more gains might send the price towards the $350 level.
If BNB fails to clear the $285 resistance, it could start a fresh decline. An initial support on the downside is near the $268 and $265 levels.
The first major support is near the $260 level. The next major support is near the $255 level. If there is a downside break below the $255 support, there could be an extended decline towards the $225 support.
Technical Indicators
4-Hours MACD – The MACD for BNB/USD is gaining pace in the bullish zone.
4-Hours RSI (Relative Strength Index) – The RSI for BNB/USD is currently near the 50 level.
Major Support Levels – $265, $260 and $255.
Major Resistance Levels – $285, $290 and $320.
Read on to find out what experts think and what the future might hold for this controversial cryptocurrency.
Garlinghouse’s frustration stems from XRP’s poor performance in the current bull market. In a recent interview at the XRP Ledger Apex conference, he highlighted XRP’s unique regulatory status. Unlike many other cryptocurrencies, XRP has been definitively ruled not to be a security in the U.S.
After the court ruling in July 2023, XRP’s price soared by over 100% within 24 hours, reaching a peak of $0.93. However, this spike was short-lived, and XRP’s value has since fallen from its July high.
Why is nothing boosting XRP?
Despite being relisted on major U.S. exchanges like Coinbase, Gemini, Crypto.com, and Kraken, and reinstated in Grayscale’s investment products, XRP’s value has dropped by about 50%. Garlinghouse expressed his surprise that the market hasn’t recognized XRP’s regulatory clarity, contrasting it with Ethereum (ETH), which still faces regulatory uncertainty.
“I think it’s strange that XRP is in such a unique position, and the market hasn’t kind of rewarded it,”
Pro-XRP crypto commentator BarriC recently shared his thoughts on XRP’s potential, suggesting that its current underperformance is temporary. He predicts that when XRP regains the $1 price point it lost three years ago, the community’s reaction will be muted. BarriC believes that the fear of missing out (FOMO) won’t truly kick in until XRP nears $5.
BarriC envisions a future where at $10, XRP will begin to attract significant attention. At the $100 mark, he argues, XRP’s utility in payments and real-world asset (RWA) tokenization will become evident, driving more investment interest. Finally, if XRP reaches $1,000, BarriC speculates that the crypto community will view XRP as essential, with people even saving up to buy one XRP at that price.
Also Read : Crypto Market Crash: How Low Can Bitcoin and Altcoins Drop?
The future of XRP remains uncertain, and the next chapter is yet to unfold.
The Ethereum Classic price has been on the rise lately, and many people are wondering what the future holds for ETC. In this blog post, we’ll take a look at some of the newest Ethereum Classic price predictions and give our own outlook on where we see the cryptocurrency headed in the near future. Keep reading to learn more!
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When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
Profit calculation please wait…
| Date | Price | Change |
|---|---|---|
| June 16, 2024 | $25.30 | -0.63% |
| June 17, 2024 | $26.71 | 4.91% |
| June 18, 2024 | $26.97 | 5.93% |
| June 19, 2024 | $26.99 | 6.01% |
| June 20, 2024 | $27.20 | 6.83% |
| June 21, 2024 | $27.54 | 8.17% |
| June 22, 2024 | $28.18 | 10.68% |
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2040
2050
| June | $25.30 | $26.81 | $28.31 | |
| July | $26.81 | $28.50 | $30.19 | |
| August | $27.12 | $28.04 | $28.95 | |
| September | $27.49 | $28.37 | $29.25 | |
| October | $26.95 | $28.37 | $29.79 | |
| November | $27.03 | $28.28 | $29.53 | |
| December | $26.11 | $28 | $29.89 | |
| January | $25.42 | $26.72 | $28.01 | |
| February | $25.29 | $26.52 | $27.74 | |
| All Time | $26.39 | $27.73 | $29.07 |
Choose a year
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2040
2050
According to the latest data gathered, the current price of Ethereum Classic is $$31.05, and ETC is presently ranked No. 25 in the entire crypto ecosystem. The circulation supply of Ethereum Classic is $4,569,006,182.05, with a market cap of 147,171,991 ETC.
In the past 24 hours, the crypto has increased by $0.74 in its current value.
For the last 7 days, ETC has been in a good upward trend, thus increasing by 21.36%. Ethereum Classic has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of ETC has increased by 9.52%, adding a colossal average amount of $2.96 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
According to the technical analysis of Ethereum Classic prices expected in 2024, the minimum cost of Ethereum Classic will be $25.30. The maximum level that the ETC price can reach is $27.75. The average trading price is expected around $30.19.
Based on the price fluctuations of Ethereum Classic at the beginning of 2024, crypto experts expect the average ETC rate of $26.81 in June 2024. Its minimum and maximum prices can be expected at $25.30 and at $28.31, respectively.
Cryptocurrency experts are ready to announce their forecast for the ETC price in July 2024. The minimum trading cost might be $26.81, while the maximum might reach $30.19 during this month. On average, it is expected that the value of Ethereum Classic might be around $28.50.
Crypto analysts have checked the price fluctuations of Ethereum Classic in 2024 and in previous years, so the average ETC rate they predict might be around $28.04 in August 2024. It can drop to $27.12 as a minimum. The maximum value might be $28.95.
In the middle of the year 2023, the ETC price will be traded at $28.37 on average. September 2024 might also witness an increase in the Ethereum Classic value to $29.25. It is assumed that the price will not drop lower than $27.49 in September 2024.
Crypto experts have analyzed Ethereum Classic prices in 2024, so they are ready to provide their estimated trading average for October 2024 — $28.37. The lowest and peak ETC rates might be $26.95 and $29.79.
Crypto analysts expect that at the end of summer 2024, the ETC price will be around $28.28. In November 2024, the Ethereum Classic cost may drop to a minimum of $27.03. The expected peak value might be $29.53 in November 2024.
Having analyzed Ethereum Classic prices, cryptocurrency experts expect that the ETC rate might reach a maximum of $29.89 in December 2024. It might, however, drop to $26.11. For December 2024, the forecasted average of Ethereum Classic is nearly $28.
In the middle of autumn 2024, the Ethereum Classic cost will be traded at the average level of $26.72. Crypto analysts expect that in January 2025, the ETC price might fluctuate between $25.42 and $28.01.
Market experts expect that in February 2025, the Ethereum Classic value will not drop below a minimum of $25.29. The maximum peak expected this month is $27.74. The estimated average trading value will be at the level of $26.52.
After the analysis of the prices of Ethereum Classic in previous years, it is assumed that in 2025, the minimum price of Ethereum Classic will be around $45.76. The maximum expected ETC price may be around $55.61. On average, the trading price might be $47.39 in 2025.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2025 | $27.01 | $31.62 | $30.07 |
| February 2025 | $28.71 | $33.06 | $32.39 |
| March 2025 | $30.42 | $34.49 | $34.72 |
| April 2025 | $32.12 | $35.92 | $37.04 |
| May 2025 | $33.83 | $37.36 | $39.36 |
| June 2025 | $35.53 | $38.79 | $41.68 |
| July 2025 | $37.24 | $40.22 | $44 |
| August 2025 | $38.94 | $41.66 | $46.32 |
| September 2025 | $40.65 | $43.09 | $48.65 |
| October 2025 | $42.35 | $44.52 | $50.97 |
| November 2025 | $44.06 | $45.96 | $53.29 |
| December 2025 | $45.76 | $47.39 | $55.61 |
Based on the technical analysis by cryptocurrency experts regarding the prices of Ethereum Classic, in 2026, ETC is expected to have the following minimum and maximum prices: about $67.14 and $80.75, respectively. The average expected trading cost is $69.51.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2026 | $47.54 | $49.23 | $57.71 |
| February 2026 | $49.32 | $51.08 | $59.80 |
| March 2026 | $51.11 | $52.92 | $61.90 |
| April 2026 | $52.89 | $54.76 | $63.99 |
| May 2026 | $54.67 | $56.61 | $66.09 |
| June 2026 | $56.45 | $58.45 | $68.18 |
| July 2026 | $58.23 | $60.29 | $70.28 |
| August 2026 | $60.01 | $62.14 | $72.37 |
| September 2026 | $61.80 | $63.98 | $74.47 |
| October 2026 | $63.58 | $65.82 | $76.56 |
| November 2026 | $65.36 | $67.67 | $78.66 |
| December 2026 | $67.14 | $69.51 | $80.75 |
The experts in the field of cryptocurrency have analyzed the prices of Ethereum Classic and their fluctuations during the previous years. It is assumed that in 2027, the minimum ETC price might drop to $101.19, while its maximum can reach $116.37. On average, the trading cost will be around $103.97.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2027 | $69.98 | $72.38 | $83.72 |
| February 2027 | $72.82 | $75.25 | $86.69 |
| March 2027 | $75.65 | $78.13 | $89.66 |
| April 2027 | $78.49 | $81 | $92.62 |
| May 2027 | $81.33 | $83.87 | $95.59 |
| June 2027 | $84.17 | $86.74 | $98.56 |
| July 2027 | $87 | $89.61 | $101.53 |
| August 2027 | $89.84 | $92.48 | $104.50 |
| September 2027 | $92.68 | $95.36 | $107.47 |
| October 2027 | $95.52 | $98.23 | $110.43 |
| November 2027 | $98.35 | $101.10 | $113.40 |
| December 2027 | $101.19 | $103.97 | $116.37 |
Based on the analysis of the costs of Ethereum Classic by crypto experts, the following maximum and minimum ETC prices are expected in 2028: $176.81 and $145.85. On average, it will be traded at $151.04.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2028 | $104.91 | $107.89 | $121.41 |
| February 2028 | $108.63 | $111.82 | $126.44 |
| March 2028 | $112.36 | $115.74 | $131.48 |
| April 2028 | $116.08 | $119.66 | $136.52 |
| May 2028 | $119.80 | $123.58 | $141.55 |
| June 2028 | $123.52 | $127.51 | $146.59 |
| July 2028 | $127.24 | $131.43 | $151.63 |
| August 2028 | $130.96 | $135.35 | $156.66 |
| September 2028 | $134.69 | $139.27 | $161.70 |
| October 2028 | $138.41 | $143.20 | $166.74 |
| November 2028 | $142.13 | $147.12 | $171.77 |
| December 2028 | $145.85 | $151.04 | $176.81 |
Crypto experts are constantly analyzing the fluctuations of Ethereum Classic. Based on their predictions, the estimated average ETC price will be around $230.36. It might drop to a minimum of $222.80, but it still might reach $255.01 throughout 2029.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2029 | $152.26 | $157.65 | $183.33 |
| February 2029 | $158.68 | $164.26 | $189.84 |
| March 2029 | $165.09 | $170.87 | $196.36 |
| April 2029 | $171.50 | $177.48 | $202.88 |
| May 2029 | $177.91 | $184.09 | $209.39 |
| June 2029 | $184.33 | $190.70 | $215.91 |
| July 2029 | $190.74 | $197.31 | $222.43 |
| August 2029 | $197.15 | $203.92 | $228.94 |
| September 2029 | $203.56 | $210.53 | $235.46 |
| October 2029 | $209.98 | $217.14 | $241.98 |
| November 2029 | $216.39 | $223.75 | $248.49 |
| December 2029 | $222.80 | $230.36 | $255.01 |
Every year, cryptocurrency experts prepare forecasts for the price of Ethereum Classic. It is estimated that ETC will be traded between $323.17 and $385.27 in 2030. Its average cost is expected at around $334.69 during the year.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2030 | $231.16 | $239.05 | $265.87 |
| February 2030 | $239.53 | $247.75 | $276.72 |
| March 2030 | $247.89 | $256.44 | $287.58 |
| April 2030 | $256.26 | $265.14 | $298.43 |
| May 2030 | $264.62 | $273.83 | $309.29 |
| June 2030 | $272.99 | $282.53 | $320.14 |
| July 2030 | $281.35 | $291.22 | $331 |
| August 2030 | $289.71 | $299.91 | $341.85 |
| September 2030 | $298.08 | $308.61 | $352.71 |
| October 2030 | $306.44 | $317.30 | $363.56 |
| November 2030 | $314.81 | $326 | $374.42 |
| December 2030 | $323.17 | $334.69 | $385.27 |
Cryptocurrency analysts are ready to announce their estimations of the Ethereum Classic’s price. The year 2031 will be determined by the maximum ETC price of $583.38. However, its rate might drop to around $468.24. So, the expected average trading price is $481.63.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2031 | $335.26 | $346.94 | $401.78 |
| February 2031 | $347.35 | $359.18 | $418.29 |
| March 2031 | $359.44 | $371.43 | $434.80 |
| April 2031 | $371.53 | $383.67 | $451.31 |
| May 2031 | $383.62 | $395.92 | $467.82 |
| June 2031 | $395.71 | $408.16 | $484.33 |
| July 2031 | $407.79 | $420.41 | $500.83 |
| August 2031 | $419.88 | $432.65 | $517.34 |
| September 2031 | $431.97 | $444.90 | $533.85 |
| October 2031 | $444.06 | $457.14 | $550.36 |
| November 2031 | $456.15 | $469.39 | $566.87 |
| December 2031 | $468.24 | $481.63 | $583.38 |
After years of analysis of the Ethereum Classic price, crypto experts are ready to provide their ETC cost estimation for 2032. It will be traded for at least $689.39, with the possible maximum peaks at $816.65. Therefore, on average, you can expect the ETC price to be around $713.48 in 2032.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2032 | $486.67 | $500.95 | $602.82 |
| February 2032 | $505.10 | $520.27 | $622.26 |
| March 2032 | $523.53 | $539.59 | $641.70 |
| April 2032 | $541.96 | $558.91 | $661.14 |
| May 2032 | $560.39 | $578.23 | $680.58 |
| June 2032 | $578.82 | $597.56 | $700.02 |
| July 2032 | $597.24 | $616.88 | $719.45 |
| August 2032 | $615.67 | $636.20 | $738.89 |
| September 2032 | $634.10 | $655.52 | $758.33 |
| October 2032 | $652.53 | $674.84 | $777.77 |
| November 2032 | $670.96 | $694.16 | $797.21 |
| December 2032 | $689.39 | $713.48 | $816.65 |
Cryptocurrency analysts are ready to announce their estimations of the Ethereum Classic’s price. The year 2033 will be determined by the maximum ETC price of $1,213. However, its rate might drop to around $1,001. So, the expected average trading price is $1,037.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2033 | $715.36 | $740.44 | $849.68 |
| February 2033 | $741.33 | $767.40 | $882.71 |
| March 2033 | $767.29 | $794.36 | $915.74 |
| April 2033 | $793.26 | $821.32 | $948.77 |
| May 2033 | $819.23 | $848.28 | $981.80 |
| June 2033 | $845.20 | $875.24 | $1,014.83 |
| July 2033 | $871.16 | $902.20 | $1,047.85 |
| August 2033 | $897.13 | $929.16 | $1,080.88 |
| September 2033 | $923.10 | $956.12 | $1,113.91 |
| October 2033 | $949.07 | $983.08 | $1,146.94 |
| November 2033 | $975.03 | $1,010.04 | $1,179.97 |
| December 2033 | $1,001 | $1,037 | $1,213 |
According to the technical analysis of Ethereum Classic prices expected in 2040, the minimum cost of Ethereum Classic will be $16,825. The maximum level that the ETC price can reach is $20,081. The average trading price is expected around $17,893.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2040 | $2,319.67 | $2,441.67 | $2,785.33 |
| February 2040 | $3,638.33 | $3,846.33 | $4,357.67 |
| March 2040 | $4,957 | $5,251 | $5,930 |
| April 2040 | $6,275.67 | $6,655.67 | $7,502.33 |
| May 2040 | $7,594.33 | $8,060.33 | $9,074.67 |
| June 2040 | $8,913 | $9,465 | $10,647 |
| July 2040 | $10,231.67 | $10,869.67 | $12,219.33 |
| August 2040 | $11,550.33 | $12,274.33 | $13,791.67 |
| September 2040 | $12,869 | $13,679 | $15,364 |
| October 2040 | $14,187.67 | $15,083.67 | $16,936.33 |
| November 2040 | $15,506.33 | $16,488.33 | $18,508.67 |
| December 2040 | $16,825 | $17,893 | $20,081 |
After the analysis of the prices of Ethereum Classic in previous years, it is assumed that in 2050, the minimum price of Ethereum Classic will be around $24,767. The maximum expected ETC price may be around $28,012. On average, the trading price might be $25,855 in 2050.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2050 | $17,486.83 | $18,556.50 | $20,741.92 |
| February 2050 | $18,148.67 | $19,220 | $21,402.83 |
| March 2050 | $18,810.50 | $19,883.50 | $22,063.75 |
| April 2050 | $19,472.33 | $20,547 | $22,724.67 |
| May 2050 | $20,134.17 | $21,210.50 | $23,385.58 |
| June 2050 | $20,796 | $21,874 | $24,046.50 |
| July 2050 | $21,457.83 | $22,537.50 | $24,707.42 |
| August 2050 | $22,119.67 | $23,201 | $25,368.33 |
| September 2050 | $22,781.50 | $23,864.50 | $26,029.25 |
| October 2050 | $23,443.33 | $24,528 | $26,690.17 |
| November 2050 | $24,105.17 | $25,191.50 | $27,351.08 |
| December 2050 | $24,767 | $25,855 | $28,012 |
Ethereum Classic is an open-source, decentralized blockchain that runs smart contracts.
It is a fork of the original Ethereum blockchain, which was created in 2015. Ethereum Classic came into existence in 2016 after a hard fork following the hack of the DAO, a decentralized autonomous organization built on top of the Ethereum blockchain. The hard fork resulted in two different versions of Ethereum: Ethereum (ETH) and Ethereum Classic (ETC). Both chains share the same history up until the point of the fork.
However, after the fork, they diverged. ETH continued with the changes made by the hard fork, while ETC retained the original blockchain. As a result, ETC has become known as the “original” Ethereum blockchain. While ETH is more widely known and used, ETC has a small but dedicated community of supporters who believe in immutable blockchain technology. Consequently, ETC is often referred to as “Ethereum’s true form.”
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2024 | $34.09 | $35.14 | $39.05 |
| 2025 | $50.28 | $52.04 | $60.03 |
| 2026 | $73.75 | $76.36 | $88.23 |
| 2027 | $113.41 | $116.46 | $130.98 |
| 2028 | $163.39 | $169.21 | $197.07 |
| 2029 | $234.35 | $241.12 | $280.95 |
| 2030 | $340.67 | $350.29 | $411.95 |
| 2031 | $485.15 | $499.17 | $584.49 |
| 2032 | $691.39 | $711.36 | $832.47 |
| 2033 | $1,056.89 | $1,084.89 | $1,197.88 |
| 2040 | $20,297.97 | $21,784.82 | $24,410.56 |
| 2050 | $28,446.16 | $29,835.02 | $32,232.78 |
Here you can find answers to the most commonly asked questions, explore Ethereum Classic’s potential, check an ETC coin price prediction for the coming year, and more.
As of now, Ethereum Classic (ETC) price is $28.86 with Ethereum Classic market capitalization of $4,235,389,185.97.
The forecast for Ethereum Classic price is quite positive. It is expected that ETC price might meet a bull trend in the nearest future. We kindly remind you to always do your own research before investing in any asset.
It seems that the average price of Ethereum Classic might reach {AveragePrice2023} in the end of the year. In five-year plan perspective, the cryptocurrency could probably rise up to $116.46. Due to price fluctuations on the market, please always do your research before invest money in any project, network, asset, etc.
ETC minimum and maximum prices might hit {MinimumPrice2023} and {MaximumPrice2023} accordingly.
Ethereum Classic network is developing rapidly. ETC price forecast for 2025 is rather positive. The ETC average price is expected to reach minimum and maximum prices of $50.28 and $60.03 respectively.
ETC is provided with suitable environment to reach new heights in terms of price. ETC price prediction is quite positive. Business analysts predict that ETC might reach the maximum price of $411.95 by 2030. Please take into account that none of the data provided above is neither fundamental analysis nor investment advice. None of the information provided is $350.29
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. However, Ethereum Classic does face some challenges. For example, it has a relatively small market cap compared to other major cryptocurrencies, and it also lacks some of the features that made Ethereum so popular. Nevertheless, Ethereum Classic remains a viable option for investors and users who are looking for an alternative to Ethereum.
Right now, the long-awaited transition of ETH to a new transaction confirmation algorithm (The Merge) is taking place. Against the background of this transition, we see an increase in interest in ETC, which is reflected in Ethereum Classic’s price. The swap from mining to staking could lead to a significant increase in ETC’s price: miners will be forced to look for new coins, and ETC seems like a good option.
Only time will tell whether Ethereum Classic will be able to survive and thrive in the long term.
None of the content on Changelly, including the Ethereum Classic price forecast, is investment advice, nor is it a replacement of advice from a certified financial planner. Before deciding to buy Ethereum Classic, we recommend you to do your own research.
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Although Ethereum’s market indicators are higher (it is the second crypto by market capitalization), and the level of confidence in Buterin’s main brainchild is also huge, Ethereum Classic embodies the standard of “ideologically true” cryptocurrency, as many fans of the old branch call it.
In addition, today, the old branch is actively interested in China and other Asian countries — the region that feeds the entire cryptocurrency market.
If you seek to place your assets in long-term investment, ETC may be a bad choice. ETC price history seems to show large increases either when the whole market is growing or when the market is most unstable.
As any trader knows, Ethereum Classic (ETC) is a cryptocurrency with much potential. Some experts believe that ETC could continue to rise in value (and there are several reasons for this optimism), potentially even reaching an average price level of $300 or more within the next few years. Many believe that Ethereum Classic will be one of the most prominent cryptocurrencies in the near future. What’s your opinion? Let us know in the comments!
After the 2016 hard fork, the price of ETC was only 60–70 cents. The cost of ETH fell from $14 to $10 due to the DAO scandal.
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
The market is trading sideways at the end of the week, according to CoinMarketCap.Top coins by CoinMarketCap
The price of Bitcoin BTCUSD has risen by 0.14% over the past 24 hours.Image by TradingView
On the hourly chart, the rate of BTC is trying to break the local resistance level of $66,350. If it breaks out, the upward move may continue to the $66,800 zone soon.Image by TradingView
On the daily time frame, none of the sides has accumulated enough energy for a sharp move. This assertion is also confirmed by falling volume.
In this case, ongoing consolidation in the zone of $66,000-$68,000 is the more likely scenario.Image by TradingView
From the midterm point of view, the picture is quite similar. The price of BTC is far from support and resistance levels. Likewise, there are low chances to see sharp ups or downs during the next few days.
Bitcoin is trading at $66,402 at press time.
Dogecoin [DOGE] investors have been having a hard time lately, especially on the back of the memecoin’s multiple price corrections on the charts. It might get worse though, with some datasets suggesting that investors might have to wait longer to see DOGE rise again.
Let’s have a closer look at what’s going on.
CoinMarketCap’s data revealed that the world’s largest memecoin’s price dropped by more than 7% in the last seven days. In fact, in the last 24 hours alone, the memecoin’s price dropped by over 4%. At the time of writing, DOGE was trading at $0.1363 with a market capitalization of over $19.7 billion.
Thanks to the latest price decline, only 77% of DOGE investors now remain in profit, according to IntoTheBlock’s data.
In the meantime, KNIGHT $INJ TO 100$, a popular crypto analyst, recently revealed that the memecoin’s price is still in its accumulation phase. In doing so, the analyst hinted at a few more slow-moving weeks ahead. However, once the memecoin exits this phase, investors might witness a massive price surge on the charts.
If this analysis is to be believed, then a breakout above the accumulation zone might allow Dogecoin to touch $1 too.
Though the aforementioned assessment suggested a few slow-moving days, AMBCrypto’s analysis of Santiment’s data revealed that the bulls might soon take over. For instance, DOGE’s funding rate has declined substantially in the last few days. Generally, prices tend to move the other way than the funding rate, hinting at a bull rally.
On top of that, DOGE’s open interest also dropped along with its price. A decline in this metric is a sign that the ongoing price trend might end soon. The memecoin’s MVRV ratio also registered a slight improvement on 15 June, indicating a possible trend reversal.
Apart from these, Dogecoin’s weighted sentiment graph also moved up – A sign of bullish sentiments outweighing bearish ones across the market.
Like the aforementioned metrics, a few of the market indicators also looked pretty optimistic.
For instance, both DOGE’s Chaikin Money Flow (CMF) and Relative Strength Index (RSI) registered upticks, hinting at a price hike soon.
On the other hand, the Money Flow Index (MFI) remained bearish as it headed south on the charts.
Is your portfolio green? Check the Dogecoin Profit Calculator
Finally, AMBCrypto’s analysis of Hyblock Capital’s data revealed that if DOGE turns bullish, then its price might first touch $0.147 as liquidations would rise.
A successful breakout above that level would allow DOGE to hit $0.15. Nonetheless, if the bearish trend continues, DOGE might drop to its support level near $0.131.
This past week, Solana’s price formed a base above the $20.50 level. SOL started a fresh increase and was able to clear the $21.50 resistance. There was a break above a major bearish trend line with resistance near $22.50 on the 4-hour chart of the SOL/USD pair.
However, the bears were active near the $24 resistance. A high is formed near $23.99 and the price is now correcting gains, similar to Bitcoin and Ethereum.
SOL declined below the $23.50 and $23.00 levels. There was a drop below the 50% Fib retracement level of the upward move from the $20.39 swing low to the $23.99 high. It is now trading below $23.50 and the 100 simple moving average (4 hours).
Source: SOLUSD on TradingView.com
On the upside, immediate resistance is near the $22.50 level. The next major resistance is near the $23 zone and the 100 simple moving average (4 hours). A close above the $23 level could resend the price toward the $24 resistance zone. Any more gains might send the price toward the $25 level.
If SOL fails to clear the $23 resistance, it could continue to move down. Initial support on the downside is near the $21.75 level or the 61.8% Fib retracement level of the upward move from the $20.39 swing low to the $23.99 high.
The first major support is near the $21.50 level, below which the bears might gain strength. In the stated case, the price may perhaps decline toward the $20.40 support. The next major support is near the $20 level.
Technical Indicators
4-Hours MACD – The MACD for SOL/USD is gaining pace in the bearish zone.
4-Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level.
Major Support Levels – $21.75, $21.50, and $20.00.
Major Resistance Levels – $22.50, $23, and $24.