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Cryptocurrency News Articles

ETC price is expected to rise by 8.71% in the next 5 days according to our Ethereum Classic price prediction

Mar 04, 2025 at 08:06 am

ETC price is expected to rise by 8.71% in the next 5 days according to our Ethereum Classic price prediction. This would represent a 8.71% price increase for ETC

ETC price is expected to rise by 8.71% in the next 5 days according to our Ethereum Classic price prediction

ETC price is expected to rise by 8.71% in the next 5 days according to our Ethereum Classic price prediction.

is trading at $ 18.74 after losing -10.44% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -6.00% in the same time period. ETC performed poorly against BTC today and recorded a -2.13% loss against the world’s largest cryptocurrency.

According to our Ethereum Classic price prediction, ETC is expected to reach a price of $ 21.74 by Mar 08, 2025. This would represent a 8.71% price increase for ETC in the next 5 days.

ETC Price Prediction Chart

Buy/Sell Ethereum Classic

What has been going on with Ethereum Classic in the last 30 days

Ethereum Classic has been displaying a negative trend recently, as the coin lost -25.55% in the last 30-days. The medium-term trend for Ethereum Classic has been bearish, with ETC dropping by -43.59% in the last 3 months. The long-term picture for Ethereum Classic has been negative, as ETC is currently displaying a -44.30% 1-year price change. On this day last year, ETC was trading at $ 33.64.

Ethereum Classic reached its all-time high price on May 06, 2021, when the price of ETC peaked at $ 165.75. The current ETC cycle high is $ 45.11, while the cycle low is at $ 12.63. ETC has been displaying low volatility recently – the 1-month volatility of the coin is at 3.98. Ethereum Classic recorded 12 green days in the last 30 days.

Ethereum Classic technical analysis for today – Mar 04, 2025

The sentiment in the Ethereum Classic markets is currently Bearish, and the Fear & Greed index is reading Fear. The most important support levels to watch are $ 19.53, $ 18.07 and $ 17.24, while $ 21.83, $ 22.66 and $ 24.12 are the key resistance levels.

Bearish sentiment for Ethereum Classic

5 indicators are currently signaling a bullish prediction for Ethereum Classic, while 26 indicators are showing a bearish forecast. With 84% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Ethereum Classic.

Crypto market is currently experiencing Fear

Currently, the Fear & Greed index is at 33 (Fear), which signals that investors have a negative outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Ethereum Classic moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Ethereum Classic is positioned in the market right now.

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Ethereum Classic is at 50.46, suggesting that ETC is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Ethereum Classic over the last 50 days. Currently, Ethereum Classic is trading above the SMA 50 trendline, which is a bullish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the ETC closing price for the last 200 days. ETC is now trading above the SMA 200, signaling that the market is currently bullish.

The bottom line about this Ethereum Classic prediction

After considering the above factors, we can conclude that the current forecast for Ethereum Classic price prediction is Bearish. ETC would have to increase by 8.71% to hit our $ 21.74 target within the next five days. Moving forward, it will be important to monitor the ETC market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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