Ethereum Classic Price Analysis: Ethereum Classic Weekly Wrap Up Looks Decent

Ethereum Classic Ethereum Classic
  • Ethereum Classic gears up for technological upgrades on the network
  • ETC coin’s this week’s performance can be called positive
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    Ethereum Classic is planning to implement the technology upgrade in the platform in the next few days, and this may result in better scalability and performance of the network. It also indicates that coming weeks will see ETC coin jumping up in the market performance and putting an end to the month-long wait of reaching $10 value. The current market statistics give a glimpse of the upcoming days of high performance from the coin.

    Ethereum Classic Price Statistics:

    In the last 5 days, Ethereum Classic moved between the range of $9.75 and $7.50. Currently, ETC coin is trading at $8.70, which shows a downtrend of over 10% in the past 5 days. However, after a slowdown of a few days in the middle of the week, the coin is again gearing up now to move upwards. As on June 8, 2019, at 06:31:47 UTC, the following trend is recorded:

    Ethereum Price Chart - 8 June

    Particulars Statistics
    Price  (USD) 8.70
    Price (BTC) 0.00107401
    Market Capitalization 947,331,772
    24h volume 855,706,313
    Circulating Supply 111,052,168 ETC
    Return on Investment 1,033.49%

     ETC coin may close the week by recovering back to the surging trend and may continue with it in the coming week.

    Ethereum Classic Price Prediction:

    ETC is expected to cross the $10 mark in the next 2 months as depicted in the coin value variation over the last couple of months when the highest price was recorded at $9.69. It has almost doubled its growth since the year beginning and as per the ETC predictions, the currency may again achieve it by the end of the year when the price will range between $15 and $20.

    Conclusion:

    ETC is trading well and making efforts for the long-term sustenance of the coin. Trading ETC coins can be beneficial in the future.