Is Etc A Good Investment 2021
Ethereum Classic
Toll Prediction
Ethereum Classic, ETC could hit $69.eighteen in 2023
Ethereum Classic’s cost prediction for the most bearish scenario will value ETC at $12.86 in 2023
Ethereum Classic’due south previous All Time High was on 6th May 2021 where ETC was priced at $167.09
Ethereum Classic’southward price at the same fourth dimension last week was $xvi.20. It has moved by -1.eleven% in the by week and is currently at $16.08. Infact, in the by 24 hours, ETC has pumped by 0.071%. There is a slight surly sentiment in the crypto market. The long term sentiment, however, remains bullish and ETC could hit $89.24 in 2024.
The total circulating supply of Ethereum Classic as of writing this article was $138772343.84 and the marketcap of ETC remains at $ii,231,561,270.
Disclaimer
For some coins with petty to no information points and inexistent historical data the model by default will testify a positive price prediction.
There is no way for our AI bot to decipher whitepaper, tokenomics and squad integrity.
The coin's toll that you are near to encounter beneath can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper.
This current cost prediction is washed by a machine crunching numbers and the model is all the same in the early on beta stages. Information technology should strictly not be taken as an investment communication.
Although the best engineers are currently tweaking and updating the algorithm, no human has verified the cost predicted below, so please apply your discretion and brand a conclusion wisely.
About
Ethereum Archetype
Ethereum Classic (ETC): An overview
Source: Ethereumclassic.org
Founded by Vitalik Buterin and the Ethereum Foundation, Ethereum Classic is ablockchain
that was built due to the separate of the Ethereum blockchain into two separate chains after a disagreement amidst its customs members.
In July 2016, the Ethereum network forked into 2 blockchains:Ethereum
andEthereum Classic. Ethereum Classic usesproof of piece of work
to validate transactions. Yet, later on theMerge
in September 2022, Ethereum recently switched to theproof of pale
consensus, making it sustainable. These blockchains have their own currencies: Ether (ETH) and ETC.
Ether
(ETH) is the native token of Ethereum, whereasETC
is the native cryptocurrency of Ethereum Archetype. Postal service the carve up,ETH
holders at the fourth dimension received the same corporeality of ETC in their wallets for gratuitous.
Some of the use cases for Ether (ETH) are as follows:
- Decentralized autonomous organizations (DAOs)
- Layer 1 network
- Layer 2 solutions (network of networks)
- Enterprise Ethereum
- Smart contracts
- Network of tokens
- Not-fungible tokens (NFTs)
Some of the employ cases for ETC are as follows:
- Utility token for decentralized applications (dApps)
- NFT dApps
- Censorship resistance
- Store of value
Ethereum Classic's journey: The DAO Hack
Source: Ethereumclassic.org
In early May 2016, some members of the Ethereum community announced the formation ofDAO, also known asGenesis DAO. This was built as asmart contract
on the Ethereum blockchain, and the coding framework was developed as open source by the Slock.It team, who are the founding members of DAO: Christoph Jentzsch, Lefteris Karapetsas, and Griff Greenish.
The DAO had a creation flow where anyone was allowed to send Ether to a unique wallet address in exchange forDAO tokens
within 1–100. This was an unforeseen success as information technology managed to gather12.7 megEther, making information technology the biggest crowdfund always.
Anyone with a project was allowed to pitch their thought to the community and get funding from The DAO. Those with DAO tokens could vote on plans and would later receive rewards if the projects were profitable. Here's a timeline of how theDAO Hack
led to the inception of Ethereum Classic:
- On June 17, 2016, things took a turn when a hacker constitute a flaw in the coding that allowed them to exhaust funds from The DAO.
-
three.6 million ETH
were stolen in the initial hours of the assail. - Later, for unknown reasons, the hacker stopped exhausting the DAO fifty-fifty though they could have. To fix the damage, the Ethereum community managed the situation and dealt with the exploit.
- The funds in the account were kept on agree for a28-solar day flow, so the hacker couldn't complete the getaway.
- In a bid to refund the lost coin, Ethereum hadhard-forked
to transport the hacked funds to an account available to the original token owners. They were provided an exchange charge per unit of1 ETHto
100 DAO tokens, similar to the initial offering. - Many Ethereum users were disappointed with the hard fork and believed that it violated the basic principles (Lawmaking is Constabulary) of blockchain technology. To add to that, in September and December 2016, cryptocurrency exchangesPoloniex
andKraken
delisted DAO tokens.
Other key developments
Source: Ethereumclassic.org
Always since its inception, Ethereum Classic has achieved a lot within a span of a few years. Here are some of Ethereum Classic'due south central developments post the hard fork:
- In July 2016, ETC was listed past Poloniex
- In August 2016, DAO funds unlocked on ETC
- In October 2016,Gas Reprice
upgrade took place - In January 2017,Die Hardupgrade took place
- In March 2017, a monetary policy consensus was formed
- In December 2017, theGotham
upgrade took place - In October 2018, Coinbase listed ETC
- In September 2019, theAtlantis
upgrade took place - In January 2020, theAgharta
upgrade took place - In November 2020, theThanos
upgrade took identify - In July 2021, theMagneto
upgrade took identify - In Feb 2022, theMystique
upgrade took identify - In March 2022, ETC welcomed a new hash rate
- In April 2022, theEthereum Classic DAO
was formed with a mission to future-proof the network's development via an open-source development fund - In July 2022, Vitalik Buterin endorsed Ethereum Classic
- In July 2022,Antpool
supported the Ethereum Classic ecosystem with a$10M
investment - In Baronial 2022, the ETC hash rate surged
ETC Price Assay
Since the cease of 2021, ETC has been on a downtrend, with the about important resistance and back up levels at
$39.32
and
$xx.75.
ETC Weekly Nautical chart
A drop from
$39.32
to
$20.75
was seen towards the beginning of 2022, with strong bearish momentum sustaining itself since. Since the cost has been on a downtrend, the weekly toll chart showed the RSI was under the neutral 50 line, and the Awesome Oscillator was below the zero line. Moreover, on the daily time frame, a
$thirteen.24-back up level was found under the
$18.99-resistance level between June and July 2022.
It is essential to notation that despite beingness on a downtrend, in early March and July 2022, two sharp moves to the upside were possible for ETC. This seemed like a dark-green light for the marketplace’s bulls. Even so, so far, in that location has been no room for bulls in the market.
Should y'all consider buying ETC?
Post Ethereum’s Merge in September 2022, ETH miners migrated to ETC. This contributed to a surge in hash charge per unit. Equally seen on the cost chart, the
$xviii.99
and
$twenty.75
resistance levels might offer buying opportunities once they are flipped to support.
Notwithstanding, traders looking to trade with the trend can await for a bullish tendency before beginning to buy the altcoin. If ETC does see movement in whatsoever management, using the Relative Strength Alphabetize (RSI) and Directional Movement Index (DMI) will aid traders.
Ethereum Classic
Price Prediction
Ethereum Classic
has had an eventful 2021. To simplify the latest
ETC
price prediction, we accept divided up the prediction by curt term
Ethereum Classic
price prediction and long term
Ethereum Classic
cost prediction. Equally of writing this commodity,
ETC
had a trading volume of $
76,079,702
.
Ethereum Classic
has gone
downwardly
by
-16.76
% in the past 30 days.
Co-ordinate to our analysis in the brusque term,
Ethereum Archetype
price prediction for
March 2023
shows the boilerplate price of
ETC
at $
60.44
and the highest possible toll for
March 2023
would be $
64.67
.
Further, according to our analysis in the long term,
Ethereum Classic
toll prediction for
July 2023
shows the average price of
ETC
at $
66.01
and the highest possible price for
July 2023
would be $
70.63
.
Ethereum Classic's Short Term Price Prediction
| Engagement | Avg Price | Lowest Price | Highest Price |
| 4 Jan 2023 | $13.64 | $12.68 | $fourteen.59 |
| 5 Jan 2023 | $thirteen.55 | $12.sixty | $fourteen.50 |
| 6 Jan 2023 | $thirteen.46 | $12.52 | $14.40 |
| 7 Jan 2023 | $thirteen.17 | $12.25 | $14.09 |
| 12 Jan 2023 | $xi.02 | $10.25 | $eleven.79 |
| 17 Jan 2023 | $9.08 | $viii.44 | $9.71 |
| 27 Jan 2023 | $6.32 | $5.87 | $6.76 |
| February 2023 | $59.04 | $54.91 | $63.18 |
| March 2023 | $threescore.44 | $56.21 | $64.67 |
| April 2023 | $61.83 | $57.50 | $66.16 |
| May 2023 | $63.22 | $58.fourscore | $67.65 |
| June 2023 | $64.62 | $60.09 | $69.fourteen |
| July 2023 | $66.01 | $61.39 | $70.63 |
| August 2023 | $67.40 | $62.69 | $72.12 |
| September 2023 | $68.80 | $63.98 | $73.61 |
| Oct 2023 | $lxx.nineteen | $65.28 | $75.ten |
| November 2023 | $71.58 | $66.57 | $76.59 |
| December 2023 | $72.98 | $67.87 | $78.09 |
Ethereum Classic price prediction four Jan 2023:
Ethereum Classic’s price for 4 Jan 2023 according to our analysis should range betwixt $12.68 to $14.59 and the average price of ETC should be around $13.64.
Ethereum Classic price prediction 5 Jan 2023:
Ethereum Classic’s price for v January 2023 according to our analysis should range betwixt $12.threescore to $14.50 and the boilerplate price of ETC should be around $13.55.
Ethereum Archetype toll prediction vi Jan 2023:
Ethereum Classic’s price for 6 Jan 2023 according to our analysis should range between $12.52 to $fourteen.40 and the average cost of ETC should be around $13.46.
Ethereum Archetype price prediction 7 January 2023:
Ethereum Classic’s toll for 7 Jan 2023 according to our analysis should range between $12.25 to $14.09 and the average price of ETC should be around $thirteen.17.
Ethereum Classic toll prediction 12 Jan 2023:
Ethereum Classic’s price for 12 January 2023 according to our assay should range betwixt $10.25 to $xi.79 and the average toll of ETC should be around $xi.02.
Ethereum Classic price prediction 17 January 2023:
Ethereum Archetype’s price for 17 January 2023 co-ordinate to our analysis should range between $8.44 to $nine.71 and the average toll of ETC should exist around $9.08.
Ethereum Classic price prediction 27 Jan 2023:
Ethereum Archetype’s cost for 27 Jan 2023 according to our assay should range betwixt $5.87 to $6.76 and the average price of ETC should be around $half-dozen.32.
Ethereum Classic toll prediction Feb 2023:
Ethereum Classic’due south price for February 2023 according to our analysis should range between $54.91 to $63.18 and the average cost of ETC should be around $59.04.
Ethereum Classic price prediction March 2023:
Ethereum Archetype’s price for March 2023 co-ordinate to our assay should range betwixt $56.21 to $64.67 and the average cost of ETC should exist around $lx.44.
Ethereum Classic toll prediction April 2023:
Ethereum Classic’s cost for Apr 2023 co-ordinate to our analysis should range between $57.50 to $66.16 and the average toll of ETC should be effectually $61.83.
Ethereum Archetype price prediction May 2023:
Ethereum Archetype’s price for May 2023 co-ordinate to our analysis should range between $58.80 to $67.65 and the boilerplate price of ETC should be around $63.22.
Ethereum Archetype price prediction June 2023:
Ethereum Classic’s toll for June 2023 co-ordinate to our analysis should range between $60.09 to $69.14 and the average toll of ETC should exist effectually $64.62.
Ethereum Classic price prediction July 2023:
Ethereum Archetype’s price for July 2023 co-ordinate to our analysis should range between $61.39 to $70.63 and the average price of ETC should exist around $66.01.
Ethereum Classic toll prediction August 2023:
Ethereum Classic’due south toll for August 2023 according to our assay should range between $62.69 to $72.12 and the boilerplate price of ETC should be around $67.40.
Ethereum Classic price prediction September 2023:
Ethereum Archetype’due south cost for September 2023 according to our analysis should range between $63.98 to $73.61 and the boilerplate price of ETC should exist around $68.80.
Ethereum Classic cost prediction Oct 2023:
Ethereum Classic’s price for October 2023 according to our assay should range between $65.28 to $75.ten and the average toll of ETC should exist around $70.19.
Ethereum Classic price prediction November 2023:
Ethereum Classic’s price for November 2023 according to our analysis should range betwixt $66.57 to $76.59 and the average price of ETC should be around $71.58.
Ethereum Classic cost prediction December 2023:
Ethereum Classic’due south price for Dec 2023 co-ordinate to our assay should range between $67.87 to $78.09 and the average cost of ETC should be around $72.98.
Ethereum Archetype's Long Term Price Prediction
Ethereum Classic
’due south long term Toll Prediction below is a expect at
ETC
’south futurity prospect with regards to price.
Ethereum Classic
was last seen at $
16.08
, with a market cap of $
2,231,561,270
and trading volumes of $
76,079,702
.
ETC
’s toll prediction is possible by analyzing historical cost action, current developments and social sentiment from the community.
| Years | Avg Price | Lowest Price | Highest Cost |
| 2023 | $57.65 | $46.12 | $69.18 |
| 2024 | $74.37 | $59.l | $89.24 |
| 2025 | $95.94 | $76.75 | $115.xiii |
| 2026 | $123.76 | $99.01 | $148.51 |
| 2027 | $159.65 | $127.72 | $191.58 |
| 2028 | $205.95 | $164.76 | $247.14 |
| 2029 | $265.67 | $212.54 | $318.81 |
| 2030 | $342.72 | $274.eighteen | $411.26 |
| 2031 | $442.xi | $353.69 | $530.53 |
| 2032 | $570.32 | $456.26 | $684.38 |
| 2033 | $735.71 | $588.57 | $882.85 |
Ethereum Classic toll prediction 2023:
Ethereum Classic’southward cost for 2023 according to our analysis should range between $46.12 to $69.xviii and the boilerplate cost of ETC should be around $57.65.
Ethereum Classic toll prediction 2024:
Ethereum Classic’due south price for 2024 co-ordinate to our analysis should range between $59.50 to $89.24 and the average price of ETC should be around $74.37.
Ethereum Archetype price prediction 2025:
Ethereum Classic’s price for 2025 according to our analysis should range betwixt $76.75 to $115.xiii and the average toll of ETC should be effectually $95.94.
Ethereum Classic toll prediction 2026:
Ethereum Classic’s toll for 2026 according to our analysis should range betwixt $99.01 to $148.51 and the boilerplate toll of ETC should be effectually $123.76.
Ethereum Classic price prediction 2027:
Ethereum Classic’s price for 2027 according to our assay should range between $127.72 to $191.58 and the average price of ETC should be effectually $159.65.
Ethereum Classic price prediction 2028:
Ethereum Archetype’s price for 2028 according to our analysis should range between $164.76 to $247.14 and the boilerplate price of ETC should be around $205.95.
Ethereum Archetype cost prediction 2029:
Ethereum Classic’due south toll for 2029 according to our analysis should range between $212.54 to $318.81 and the boilerplate cost of ETC should be around $265.67.
Ethereum Classic price prediction 2030:
Ethereum Classic’southward cost for 2030 according to our analysis should range between $274.xviii to $411.26 and the average price of ETC should exist around $342.72.
Ethereum Classic toll prediction 2031:
Ethereum Archetype’s cost for 2031 according to our assay should range between $353.69 to $530.53 and the average price of ETC should be effectually $442.11.
Ethereum Classic price prediction 2032:
Ethereum Classic’s price for 2032 according to our analysis should range betwixt $456.26 to $684.38 and the average toll of ETC should be around $570.32.
Ethereum Classic toll prediction 2033:
Ethereum Archetype’s price for 2033 according to our analysis should range betwixt $588.57 to $882.85 and the average price of ETC should be around $735.71.
A Historical look at
Ethereum Classic
,
ETC
’s cost:
ETC
/USD Pair
ETC
2 January 2020
4.l
ETC
2 January 2021
5.70
126.73
ETC
2 January 2022
34.95
613.26
ETC
3 January 2023
16.08
46.01
ETC
/EUR Pair
ETC
ii January 2020
4.01
ETC
two January 2021
4.68
116.77
ETC
2 January 2022
30.73
656.v
ETC
3 January 2023
xv.25
49.63
FAQs about Ethereum Classic
Ethereum Classic’s current price is $sixteen.08 and witnessed a 0.071% increment in the past 24 hours. ETC/BTC pair saw a 0.064% increment in the past 24 hours.
Investing in Ethereum Classic, ETC will purely depend on your personal hazard appetite. As you tin see over the past 24 hours Ethereum Classic’s price has witnessed a 0.071% increase and over the past 30 days Ethereum Classic has decreased past -16.76%. So information technology all depends on if this investment volition hit your trading goals.
Co-ordinate to our latest Ethereum Archetype Price prediction for 2023, ETC should vary between $69.18 and $46.12 Delight keep in mind that the crypto market place is very volatile and this Ethereum Classic toll prediction does not account for extreme wild swings in price.
As per the Ethereum Archetype price prediction undefined model above, ETC’s price for undefined should range between $undefined to $undefined with the average price for undefined beingness $undefined.
According to the Ethereum Archetype Price Prediction model to a higher place, ETC’s price in 2024 would be $74.37. This cost would however would range from $89.24 and $59.50.
According to the Ethereum Classic Toll Prediction model above, ETC’south cost in 2025 would be $95.94. This price would even so would range from $115.xiii and $76.75.
Co-ordinate to the Ethereum Classic Price Prediction model above, ETC’s price in 2026 would be $123.76. This price would however would range from $148.51 and $99.01.
According to the Ethereum Classic Cost Prediction model higher up, ETC’s toll in 2027 would be $159.65. This price would nevertheless would range from $191.58 and $127.72.
According to the Ethereum Archetype Price Prediction model above, ETC’s price in 2028 would be $205.95. This cost would even so would range from $247.fourteen and $164.76.
According to the Ethereum Classic Price Prediction model above, ETC’south price in 2029 would exist $265.67. This cost would however would range from $318.81 and $212.54.
According to the Ethereum Classic Price Prediction model above, ETC’s price in 2030 would exist $342.72. This price would even so would range from $411.26 and $274.eighteen.
According to the Ethereum Classic Price Prediction model above, ETC’s price in 2031 would exist $442.eleven. This toll would however would range from $530.53 and $353.69.
According to the Ethereum Archetype Toll Prediction model above, ETC’s cost in 2032 would be $570.32. This toll would nonetheless would range from $684.38 and $456.26.
According to the Ethereum Classic Cost Prediction model to a higher place, ETC’s cost in 2033 would be $735.71. This toll would withal would range from $882.85 and $588.57.
The highest price for Ethereum Classic was recorded in 6th May 2021 during which ETC striking an All Time High of $167.09
The cost of 1 Ethereum Classic according to current market rate is $16.08
Source: https://ambcrypto.com/predictions/ethereum-classic-price-prediction
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