Ethereum Classic deals around $7.16. The drop reflects a moderate effect on the coin. Ethereum Classic (ETC) seems to get bi
- Ethereum Classic deals around $7.16.
- The drop reflects a moderate effect on the coin.
Ethereum Classic (ETC) seems to get bit by the bear. The coin has shown a remarkable move on the price chart in the last couple of day. There was a time when the coin was escalating, but the entire market, including Bitcoin, Ethereum, etc was falling down. However, the coin has fallen on today’s chart.
The coin was seen touching a high at $7.45 and a low at $7.08 on yesterday’s chart. The coin holds not much expectation today but would improve in the coming days. The volume marked in the coin on 26th August 2019 was $840,730,995.
ETC/ USD Price Comparison:
The chart is taken from Trading View on 27th August 2019, at UTC for price analysis.
Yesterday, the coin opened with an escalation of 2.47%. The coin changed the price counters from $7.150 to $7.327. Later, the coin again moved up from $7.2 to $7.4 by 2.77%. The coin couldn’t hold itself at the level and fell in the second half of the day and touched $7.2 again. However, the coin managed to close at $7.3 with an escalation of 2.30%. Today, the coin opened with a fall. The price slipped from $7.3 to $7.1 by 2.14%. Further, the coin slipped from $7.2 to $7.1 by 1.14%.
Current Statistics of Ethereum Classic:
| Particulars | Ethereum Classic |
| Price | $7.18 |
| ROI | 854.22% |
| Rank | 16 |
| Market Cap | $811,316,857 |
| 24hr Volume | $706,718,063 |
| Circulating Supply | 113,012,723 ETC |
| Total Supply | 113,012,723 ETC |
Ethereum Classic Price Prediction:
Ethereum Classic holds a high possibility of climbing up on the chart in the coming time. We believe that in the coming years, the coin might be seen hovering around $15. However, due to the heavy fall in the third quarter, we are anticipating that the coin might close the year around $9 or $10.
Conclusion:
The traders interested in the coin are suggested to go plan for a long term investment in Ethereum Classic. The coin holds a great future ahead. The short term investment wouldn’t give the expected result. The investors are expected to earn a colossal profit in the future.
