Ethereum Classic Price Prediction: With 50% Weekly Gains, Will ETC Price Rise?

Key Takeaways

• Ethereum classic price witnessed one of the biggest jumps for the first time since July 2022, indicating a rise from the bearish influence
• With the rise in buying pressure, the ETC price is believed to maintain a healthy upswing for an extended period and regain the lost levels
• The technicals suggest the bulls may face some exhaustion while the bullish momentum is expected to prevail for a long time.

Ethereum Classic Overview as of January 12, 2024

Ethereum Classic Technical Analysis

Source: Tradingview

• The long-term ETC price action displays a breach from the bearish influence after the token pierces through the crucial resistance zone between $22.98 and $24.93
• With this, the technicals have flipped into the bullish zone and are also flashing massive bullish signals in the long term
• The 200 and 50-day MA levels are closer to under a ‘golden Cross’ somewhere in the last few days of February 2024, which may trigger a fresh bullish action 
• However, till then, the price is believed to maintain an ascending consolidation and rise above the interim resistance at $38.22, which may trigger a decent rise to $50

Read More: Ethereum Price Prediction 2024

ETC Price Prediction 2024-2030

Ethereum Classic Price Prediction January 2024

The Ethereum Classic price has held the 200-day MA levels as a strong support since the beginning of November 2023. Interestingly, the price dropped below the levels in the first few days of 2024, which triggered massive bullish action, recording a more than 70% upswing. The buying volume continues to increase, indicating the token will maintain a healthy upswing. Therefore, the ETC price could maintain a healthy upswing and initially reach the crucial resistance at $38. By the end of the month, the price is expected to trade between $37 and $39.

Ethereum Classic Price Prediction February 2024

After closing the monthly trade on a bullish note, the bulls are assumed to face some exhaustion, which may trigger a minor pullback. The levels could drop marginally below $35, which may test the bullish strength. However, a drop below these levels is expected, which may trigger a healthy upswing as the bulls may jump in to accumulate at a discounted price. However, the pace of the rally may remain pretty low as the volume may remain below average levels. By the end of the month, the ETC price is believed to trade between $38.5 and $42.

Ethereum Classic Price Prediction March 2024

With the trade approaching the end of the first quarter, the volatility is expected to rise slightly, which may elevate the price above $45. After reaching these levels, the price could continue to trade within a narrow range for a prolonged period. However, the price may reach close to the crucial resistance at $50, which may further attract bearish activity. The bears may intensify their action, which may drag the levels below $45. By the end of the month, the ETC price could trade between $43.5 and $44.5.

Ethereum Classic Price Prediction April 2024

With the beginning of April, the market could become extremely hopeful of the upcoming trend ahead of the Bitcoin halving. Historically, the halving has proven to be a bullish event, which elevates the prices of popular crypto beyond their respective resistance levels. Therefore, the Ethereum Classic price is also believed to rise above $50 and further maintain an ascending trend for a long time. The price may trade between the range of $52.5 and $55 by the end of the month.

Additional Read: Bitcoin Price Prediction

Ethereum Classic Price Prediction May 2024

The bullish momentum could carry on from the beginning of the month and start the monthly trade on a bullish note. The token could constantly trade highs, forming constant higher highs and lows, suggesting the growing strength of the bulls. Despite this, the traders continue to remain slightly uncertain as the inflows remain restrictive. On the other hand, the bears may also remain passive, and may not slash the prices hard. Therefore, by the end of the month, the ETC price may trade between $58 and $60.

Ethereum Classic Price Prediction June 2024

The traders may be expecting a fine rise in volatility with the trade approaching the end of the first half of the trade. Unfortunately, the price may continue to trade within the same narrow range, failing to breach the crucial resistance at $60. During the second half of the month, the ETC bulls may utilize all their strength to surpass the rally above the levels. But unfortunately, a fine rejection may occur, which may be followed by a decent pullback. By the end of the month, the price may trade within the same range of $58 to $60. 

Ethereum Classic Price Prediction July 2024

With the beginning of the second half of the year, traders are expected to become more hopeful about the impending trend. This may elevate the prices beyond $60 quickly, while the bearish action may remain restrictive. The technicals may flip in favor of the bulls, which may trigger a fresh upswing and a rise above the interim resistance. The bears may remain passive for a while, which may enable the token to maintain a healthy upswing. By the end of the month, the ETC price is believed to trade between $64 and $66.

Ethereum Classic Price Prediction August 2024

As the trade proceeds in the latter part of the year, market sentiments may continue to remain strongly bullish. Besides, the tokens are also expected to maintain a healthy upswing, which may keep up the bullish momentum in the space. The Ethereum Classic price is also believed to maintain a healthy upswing and rise above the crucial levels at $70. However, the bearish activity could be minimal, which may intensify the probability of a bull run. By the end of the month, the ETC price may trade between $72 and $78. 

Ethereum Classic Price Prediction September 2024

The bull run may intensify with the price soaring with great intensity and reaching levels not tested in the past couple of years. With a rise beyond the crucial levels at $100, market participants could be sure of the impending trend, which may attract huge bullish volume. This may replicate a 2021-like upswing, printing huge bullish candles every day. With this, the ETC price may continue to form constant higher highs and eventually reach the crucial highs of $115 to $120 by the end of the month. 

Ethereum Classic Price Prediction October 2024

Historically, the markets have been extremely bullish in the last quarter, and with the beginning of the October trade, the bull run is believed to have intensified. Although some bearish actions may be expected at this moment, they may not harm the bullish strength. The price may eventually maintain a healthy upswing for the rest of the month and surpass the crucial price range. By the end of the month, the ETC price could trade between $130 and $135, aiming to rise above $140 soon. 

Ethereum Classic Price Prediction November 2024

The Ethereum Classic price is believed to have maintained a steep upswing since the beginning of the month, with the price piercing beyond $140 in no time. Further, in a very short period, the price may even rise above $150, flashing the possibility of forming a new ATH before the end of the year 2024. Therefore, the price is believed to intensify its upswing and soar high to reach $155 to $158 before the end of the month but could remain restricted below $160. 

Ethereum Classic Price Prediction December 2024

During the last few weeks of 2024, the trade is expected to rise high, surpass the current ATH, and form a new one at around $185 to $190. An attempt to form a new ATH at $200 could eventually trigger a massive bearish action, which may initiate in the form of a rejection. Initially, the rejection may have a minimal impact, but as the trade advances towards the yearly close, the intensity may increase. Therefore, the price may close the yearly trade within consolidated levels between $188 and $192 after hitting levels close to $198. 

Ethereum Classic Price Prediction 2025

• The market may experience strong positive momentum, leading to a consistent upward trend in prices.
• ETC’s value could peak between $210 and $225 in the middle of the second quarter of the year, followed by a slight decrease.
• Bulls are expected to maintain control for some time, but by the end of the first half of the year, bears may take over, leading to a correction.
• The correction might escalate in the second half of the year, potentially transitioning into a bear market.
• By the year’s end, the ETC price might decrease by 20% to 25% from its highest point, settling in the range of $180 to $190.

Ethereum Classic Price Prediction 2026

• The ongoing correction, which started in recent weeks, may continue with increased selling pressure and intensity.
• ETC’s value might test lower levels consistently, with the rally showing steady declines in both highs and lows.
• The growing strength of bearish forces raises concerns, as the bulls struggle to maintain the price at crucial support levels.
• Investor confidence may decline as pessimism about the future trend increases, with sentiment shifting towards extreme fear.
• By the year’s end, it’s anticipated that the ETC price could be 65% to 70% lower than its peak, trading in the range of $155 to $160.

Ethereum Classic Price Prediction 2027

• The price is anticipated to follow a consistent downward trend throughout the year, indicating the current presence of a bear market.
• Bearish forces are expected to strengthen, with daily increases in selling volume and pressure contributing to the descending trend.
• The inability of bulls to sustain levels above interim support may lead to the price dropping to lower targets, potentially ranging from $135 to $138.
• Ethereum Classic could hit the lowest point of the ongoing bear market in the early days of the last quarter.
• While an immediate bullish rebound may not be triggered, a potential cessation in the bearish trend is anticipated, with the year-end price projected to trade between $110 and $115.

Know More: Solana Price Prediction

Ethereum Classic Price Prediction 2028

• As Bitcoin gains traction from the beginning of the year, a similar positive movement is anticipated for altcoins, including ETC.
• This suggests a potential reversal of the previous bearish trend for ETC, signaling the start of a recovery phase.
• By the end of the first half of the year, the price may experience a notable upward trend, working towards reclaiming previously lost levels.
• In the latter part of the rally, bulls are expected to take control, increasing volatility with significant trading volumes.
• This surge could propel the ETC price above $10 initially and conclude the year’s trading within the range of $145 to $152.

Ethereum Classic Price Prediction 2029

• Ethereum Classic’s price is expected to kick off 2029 on a positive note, staying above $20.
• A sustained and robust upward movement is anticipated throughout the year, with a potential intensification in the latter half.
• Initial increments may see the price surpass $200, eventually reaching new highs of $233 to $235 by the end of the third quarter.
• As a result, the year-end projection suggests a trading range between $250 and $270, with no significant interference from strong bearish trends.

Ethereum Classic Price Prediction 2030

• The positive trend established in the final weeks of 2029 is poised to initiate a significant upward movement from the beginning of 2030
• This trend is projected to persist, with the ETC protocol experiencing consistent highs and lows, indicating growing bullish strength.
• The upward momentum is expected to strengthen further as trading progresses, targeting higher levels as a short-term goal.
• By the onset of the fourth quarter, it’s anticipated that the ETC price could surpass $300, reaching a year-end target of $350.

Will the Ethereum Classic Price Rise Again in 2024?

The Ethereum Classic price is on the upswing after enduring a prolonged period of bearish pressure. Bulls currently hold the advantage in terms of trading volume, and technical indicators indicate that the price will likely stay high until the end of 2024.

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