The current price of Ethereum Classic (ETC) is $18.63, down 0.05% for the day. ETC has been trading between $18 and $20 after a recent price correction. The price is currently consolidating between $18.50 and $19.50, with support at $18.50. If the price breaks below this level, it may result in further downtrends. The Relative Strength Index (RSI) is decreasing, indicating diminishing bullish pressure. However, if the RSI drops below 40, it could attract buyers as it enters oversold conditions. The MACD suggests a bearish crossover, indicating growing selling pressure if the price falls below $18.50. Forecasts for November 2024 suggest ETC could reach $65.19, with a trading range of $42.76 to $93.90. By December 2024, predictions place ETC between $50.28 and $53.27, with an average price of $51.71. This represents a 178.62% increase from current levels. In 2025, the forecast predicts a price range of $22.84 to $55.73, with an average price of $37.22. Analysts expect a recovery trend that could continue into 2026. The highest price prediction for ETC in 2026 is $36.20 in May, while the lowest is $16.30 in February. The average price for 2026 is forecasted to be $22.91, suggesting volatility but an overall positive outlook.
- Content Editor ( thecoinrepublic.com )
- 2024-10-25
Ethereum Classic: Significant Growth Expected By 2026