Ethereum Classic Price Prediction: 2024, 2025, 2030 (2024)

Disclaimer

For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.

ETC price prediction: Key highlights

1. Primary support and resistance levels

• The weekly chart revealed$34 to be the highest resistance.
• Meanwhile, the lowest support can be anticipated at$11.

2. Market sentiment

• The ETC market sentiment is seen to bebearishin August 2024.

3. Predictive forecasts

• Our AI/ML predictive algorithms project ETH's average price to be around$150 by 2026 and$9,000by 2032.

Take a glance at a detailed weekly technical analysis ofETC, followed by projections for the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:

ETC technical analysis: Asset set to have a tough year ahead

The current crypto market is experiencing significant turbulence, which has notably affected the growth of ETC. Nevertheless, analyzing historical trends can provide a more nuanced perspective for theEthereum Classic price prediction in 2024.

Like the broader market, Q3 2023 was marked by a downtrendingprice. The initial attempt to overcome$18proved fruitless amid insufficient buying pressure. However, the declines were arrested at the yearly low floor of$14, which remained resilient between mid-August and mid-October.

Concurrently, a notable bull rally ensued. By November, the previous level had been flipped to support. Moreover, thisuptrend elevated the price to test$22 between December and early January. A notable surge pushed the price past this level, driven by excitement surrounding the approval ofBitcoin (BTC) exchange-traded funds (ETFs).

Despite a slight pullback at$26, the rally resumed by month’s end, marked by consecutivebullishcandles. In March, the asset surpassed its peak yearly resistance at$34. Nonetheless, it swiftly fell below as liquidations increased, and investors started realizing profits amid anovervaluedmarket.

Subsequent tests of this resistance faltered as increased geopolitical tensions adversely affected market conditions in April.$26 remained resilient in absorbing the market heat, allowing buyers to regroup in late May.

AMBCryptoreported that the rebound to test the peak barrier was spurred by theEthereum (ETH)ETFapproval. Additionally, the network witnessed a block reward reduction on May 31. Initially established at4 ETCper block, the reward decreases by20% approximately every two years or every5,000,000blocks.

With the reward being reduced to2.048 ETCfrom2.56 ETC, this fourth halving did not lead to abull run, defying market expectations. Instead, adowntrend took hold as crucial levels were lost to sellers in June.

Furthermore, AMBCrypto’soutlookfor ETC in 2024 envisioned a prolonged bearish stronghold. Thus, the continued declines drove the asset to$18 in July. Notwithstanding, the bulls flipped$22by mid-month.

AMBCryptonotedthat despite this uptick, buyer enthusiasm was low. Consequently, the bears quickly clawed the price below this level. This decline suggested that a bearish trend was more probable than a recovery. By August, the price returned to$18. At press time, the altcoin exchanged hands at$19.

If the bulls are unable to hold the current support, the price could drop to$14, thus erasing a year’s gains. If left unchecked, a further decline to$11is possible.

Nonetheless, if ETC bulls rally, flipping the current resistance would be a prioritized goal. A move over$26 would tip the scales in buyers’ favor. This scenario suggests that ETC might climb to the yearly high. Additional upward movement could push it to$46 and$60within the year, although it will likely encounter significant resistance at$52.

Predictive models suggest the asset could reach an average trading price close to$150 by 2026. This forecast is significant as it positions the asset near its all-time high (ATH). By 2032, the projected average price could surpass $9,000, indicating modestgrowth.

ETC's 2024 roadmap: Key indicators to watch and trade

• Thetrading volume supported the price rallies with modest upticks. However, its deprecation from Q2 2024 pointed to a lack of investor interest.
• TheOn-Balance Volume’s(OBV) flat trajectory until October preceded a sharp ascension until early March. Subsequently, the indicator moved south, registering at564.03millionat the analysis' end, indicating an uptick in selling pressure.
• TheRelative Strength Index(RSI) crossed the50 line by the end of October. It moved into theoverbought territory towards the end of February only to reverse its trajectory by the following month.
• By mid-June, the indicator was back below 50, highlightingbearish momentum with a press time value of40.06.

Ethereum Classic's Short Term Price Prediction

Ethereum Classic price prediction 13 September 2024: Ethereum Classic's price for 13 September 2024 according to our analysis should range between $17.27 to $19.87 and the average price of ETC should be around $18.57.

Ethereum Classic price prediction 14 September 2024: Ethereum Classic's price for 14 September 2024 according to our analysis should range between $17.34 to $19.95 and the average price of ETC should be around $18.64.

Ethereum Classic price prediction 15 September 2024: Ethereum Classic's price for 15 September 2024 according to our analysis should range between $17.41 to $20.03 and the average price of ETC should be around $18.72.

Ethereum Classic price prediction 16 September 2024: Ethereum Classic's price for 16 September 2024 according to our analysis should range between $17.47 to $20.10 and the average price of ETC should be around $18.79.

Ethereum Classic price prediction 21 September 2024: Ethereum Classic's price for 21 September 2024 according to our analysis should range between $17.82 to $20.51 and the average price of ETC should be around $19.17.

Ethereum Classic price prediction 26 September 2024: Ethereum Classic's price for 26 September 2024 according to our analysis should range between $18.16 to $20.89 and the average price of ETC should be around $19.53.

Ethereum Classic price prediction 6 October 2024: Ethereum Classic's price for 6 October 2024 according to our analysis should range between $18.86 to $21.69 and the average price of ETC should be around $20.28.

Ethereum Classic price prediction November 2024: Ethereum Classic's price for November 2024 according to our analysis should range between $19.19 to $22.08 and the average price of ETC should be around $20.64.

Ethereum Classic price prediction December 2024: Ethereum Classic's price for December 2024 according to our analysis should range between $19.39 to $22.31 and the average price of ETC should be around $20.85.

Ethereum Classic's Long Term Price Prediction

Ethereum Classic’s long term Price Prediction below is a look at ETC’s future prospect with regards to price. Ethereum Classic was last seen at $18.26, with a market cap of $2,715,546,668 and trading volumes of $83,727,625. ETC’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.

Ethereum Classic price prediction 2024: Ethereum Classic's price for 2024 according to our analysis should range between $16.85 to $25.28 and the average price of ETC should be around $21.06.

Ethereum Classic price prediction 2025: Ethereum Classic's price for 2025 according to our analysis should range between $20.39 to $30.59 and the average price of ETC should be around $25.49.

Ethereum Classic price prediction 2026: Ethereum Classic's price for 2026 according to our analysis should range between $22.53 to $33.79 and the average price of ETC should be around $28.16.

Ethereum Classic price prediction 2027: Ethereum Classic's price for 2027 according to our analysis should range between $28.66 to $42.99 and the average price of ETC should be around $35.82.

Ethereum Classic price prediction 2028: Ethereum Classic's price for 2028 according to our analysis should range between $32.97 to $49.45 and the average price of ETC should be around $41.21.

Ethereum Classic price prediction 2029: Ethereum Classic's price for 2029 according to our analysis should range between $32.32 to $48.49 and the average price of ETC should be around $40.40.

Ethereum Classic price prediction 2030: Ethereum Classic's price for 2030 according to our analysis should range between $41.78 to $62.67 and the average price of ETC should be around $52.23.

Ethereum Classic price prediction 2031: Ethereum Classic's price for 2031 according to our analysis should range between $39.98 to $59.96 and the average price of ETC should be around $49.97.

Ethereum Classic price prediction 2032: Ethereum Classic's price for 2032 according to our analysis should range between $56.93 to $85.40 and the average price of ETC should be around $71.17.

Ethereum Classic price prediction 2033: Ethereum Classic's price for 2033 according to our analysis should range between $67.18 to $100.77 and the average price of ETC should be around $83.98.

Ethereum Classic price prediction 2034: Ethereum Classic's price for 2034 according to our analysis should range between $85.88 to $128.82 and the average price of ETC should be around $107.35.

Ethereum Classic price prediction 2035: Ethereum Classic's price for 2035 according to our analysis should range between $84.18 to $126.26 and the average price of ETC should be around $105.22.

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Ethereum Classic’s current price is $18.26 and witnessed a -0.94% decrease in the past 24 hours. ETC/BTC pair saw a -0.26% decrease in the past 24 hours

Investing in Ethereum Classic, ETC will purely depend on your personal risk appetite. As you can see over the past 24 hours Ethereum Classic’s price has witnessed a -0.94% decrease and over the past 30 days Ethereum Classic has decrease by -4.41%. So it all depends on if this investment will hit your trading goals.

According to our latest Ethereum Classic Price prediction for 2024, ETC should vary between $25.28 and $16.85. Please keep in mind that the crypto market is very volatile and this Ethereum Classic price prediction does not account for extreme wild swings in price.

As per the Ethereum Classic price prediction 2024 model above, ETC’s price for September 2024 should range between $16.85 to $25.28 with the average price for September being $21.06

According to the Ethereum Classic Price Prediction model above, ETC’s price in 2025 would be $25.49. This price would however would range from $30.59 and $20.39.

According to the Ethereum Classic Price Prediction model above, ETC’s price in 2026 would be $28.16. This price would however would range from $33.79 and $22.53.

According to the Ethereum Classic Price Prediction model above, ETC’s price in 2027 would be $35.82. This price would however would range from $42.99 and $28.66.

According to the Ethereum Classic Price Prediction model above, ETC’s price in 2028 would be $41.21. This price would however would range from $49.45 and $32.97.

According to the Ethereum Classic Price Prediction model above, ETC’s price in 2029 would be $40.40. This price would however would range from $48.49 and $32.32.

According to the Ethereum Classic Price Prediction model above, ETC’s price in 2030 would be $52.23. This price would however would range from $62.67 and $41.78.

According to the Ethereum Classic Price Prediction model above, ETC’s price in 2031 would be $49.97. This price would however would range from $59.96 and $39.98.

According to the Ethereum Classic Price Prediction model above, ETC’s price in 2032 would be $71.17. This price would however would range from $85.40 and $56.93.

According to the Ethereum Classic Price Prediction model above, ETC’s price in 2033 would be $83.98. This price would however would range from $100.77 and $67.18.

According to the Ethereum Classic Price Prediction model above, ETC’s price in 2034 would be $107.35. This price would however would range from $128.82 and $85.88.

According to the Ethereum Classic Price Prediction model above, ETC’s price in 2035 would be $105.22. This price would however would range from $126.26 and $84.18.

The highest price for Ethereum Classic was recorded in 6 May 2021 during which ETC hit an All Time High of $167.09

The price of 1 Ethereum Classic according to current market rate is $18.26