Learn More About Ethereum Classic And Our ETC Price Forecast
Want to find out the Ethereum Classic Price Prediction for 2022, 2023, 2024, 2025, all the way to 2030?
We provide crypto price predictions by gathering a combination of time series data, media news, regulator activities, coin events, trading volumes on exchanges, and general statistics.
Most of our predictions/price forecasts range from 2022 to 2030, which we try to update regularly.
Additionally, you can read more below for the Ethereum Classic Price Analysis, ETC Price Chart, and our overview of the crypto.
Finally, you can leave YOUR price predictions for each crypto in the comment box below the page!
| LATEST UPDATE: 10/14/2021 |
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About Ethereum Classic (ETC History)
Ethereum Classic, or ETC, is the original Ethereum smart chain. The only real difference between ETC and Ethereum’s ETH is a “code is the law” mentality.
Initially, this code came with a defect that needed to be patched to save the network.
Founder Vitalik Buterin and most of the miners pivoted to what we now know as Ethereum, but this often thought-dead blockchain is still technically active.
What’s really crazy is that the largest wallet holder is now the world’s biggest crypto hedge fund, Grayscale.
Having been investing in Ethereum before the original hard-fork that created both Ethereum and Ethereum Classic, it is fair to say that almost 8 years later, they have ended up with quite a lot of ETC.
However, this poses an interesting hypothesis: does this count as institutional investment, and therefore should it be considered a good thing?
Or does it suggest when ETC reaches a specific, shorter-term cash objective that an unrelenting wall of sell pressure will appear?
Before we get to our price predictions, it’s probably best we go over some price analysis first.
Ethereum Classic Price Analysis
After having split from Ethereum in July 2016, ETC would initially hit exchanges valued at $0.75. Yet, within 24 hours, Ethereum Classic would reach its all-time low of $0.61.
Trends immediately began to reverse, peaking at $2.76 by early August before a prolonged decline followed.
Floating between this price point, Ethereum Classic would not see a breakout until April 2017 where it led to a $24 valuation by June.
Though a price correction would follow, by the climax of the previous bull run ETC would hit as high as $44.34 by January 2018.
Again, a price correction would follow, and a downward pattern persisted almost exclusively until February 2021.
Within 3 months, from February to May, Ethereum Classic would more than 10x to an all-time high of $167.09.
Meaning, if you had got in around the all-time low and sold at the all-time high, you would be looking at around 27,000% return on investment.
Conversely, had you bought in near the all-time high, you would currently be down over 70% on your initial investment.
So, having fallen to around $50 in the time since, you would be right to ask yourself, does ETC have any momentum left for the future?
Ethereum Classic Price Prediction/ETC Price Forecast for 2022, 2023, 2024, 2025 AND 2030
We predict future Ethereum Classic short & long-term price predictions/ETC price forecasts at cryptopredictpro.com using deep artificial intelligence-assisted technical analysis on Ethereum Classic price data from the past. We work hard to collect as much historical data for the ETC coin as possible, including multiple parameters such as past price, Ethereum Classic market cap, ETC volume, and a few others. Read our predictions if you want to invest in digital cryptocurrencies and get a good return on your investment. Additionally, if you want to see ETC price analysis charts, historical data, and more, click here!
Ethereum Classic Price Prediction 2021 (ETC Forecast)
Despite showing around 700% return on investment over the last 12 months, we can currently see many bearish indicators now flashing on the daily chart.
Ethereum Classic is currently on the negative side of its MACD, MA Cross, and trading well below its RMAs.
Progressing forward, we expect ETC to continue to fall, perhaps to as low as $40, where it has found recent support.
Ethereum Classic Price Prediction 2022 (ETC Forecast)
Should the bull market enter a bear market, as we currently predict, we certainly don’t expect ETC to defy the market. If anything, it might be one of the harder hit cryptos due to their name being associated with Ethereum.
Many people had bought Ethereum Classic under the illusion it was either cheap Ethereum.
Alternatively, had bought in because they assumed this name association would only continue to rally its price. As such, these investors could become the first people to exit their positions.
Due to this, our prediction for 2022 is ETC will continue to fall until it hits around $30.
Ethereum Classic Price Prediction 2023 (ETC Forecast)
Likewise, in 2023, without the support of a bull run, we believe we will continue to see a decline in the price of ETC.
However, with most short-term investors exiting their positions during the previous year, we foresee only a slight decrease to around $25 will occur.
Conversely, having performed well in 2019, which was another year the markets were generally poor, do not be too surprised if ETC exceeds expectations and reclaims as high as $40 at some point during the year.
Ethereum Classic Price Prediction 2024 (ETC Forecast)
Presuming previous patterns persist, we expect we could see a trend reversal in 2024.
In 2024, we believe Ethereum Classic will reverse its current trends and begin a breakout as investors scramble, looking for assets that are likely to pump as the bull run enters.
Leading us to predict ETC will challenge to reclaim $100 during 2024.
Ethereum Classic Price Prediction 2025 (ETC Forecast)
Assuming history repeats, this could lead to Ethereum Classic hitting as high as $200 by the height of the next bull run.
Ethereum Classic Price Prediction 2026 (ETC Forecast)
Yet, good news doesn’t last forever, and eventually, a price correction will follow.
We predict ETC will fall to as low as $120 as the bull market turns into a recession.
Ethereum Classic Price Prediction 2027 (ETC Forecast)
Historically, ETC fairs better than others in bear markets. However, our analysts believe a decline to around $110 may be likely.
Ethereum Classic Price Prediction 2028 (ETC Forecast)
Providing historical trends remain the same, we can expect to see ETC climb to as high as $250 in 2028.
Ethereum Classic Price Prediction 2029 (ETC Forecast)
Moving into 2029, we could potentially see Ethereum Classic reach $500. As long as their development team continues to build on their product, we don’t see the Ethereum brand losing value over this time.
Ethereum Classic Price Prediction 2030 (ETC Forecast)
Lastly, in 2030 we expect the markets to cool off and enter a new recession, assuming trends continue. If they do, we predict ETC will fall to around $200 during this period.
Ethereum Classic Price Prediction Chart
| Year | Predicted Year Low | Predicted Year High |
|---|---|---|
| 2021 | $42.51 | $57.36 |
| 2022 | $31.29 | $38.17 |
| 2023 | $26.06 | $42.98 |
| 2024 | $50.02 | $107.36 |
| 2025 | $102.11 | $208.34 |
| 2026 | $62.21 | $124.78 |
| 2027 | $56.32 | $112.54 |
| 2028 | $204.04 | $256.77 |
| 2029 | $403.10 | $511.30 |
| 2030 | $128.06 | $207.74 |
Ethereum Classic (ETC) Overview
| Ticker Symbol | ETC |
|---|---|
| Total Supply | 210,700,000 |
| Official Website | ethereumclassic.org |
| Based On | Ethereum Fork |
| Year Founded | 2016 |
| All-Time High | $47.77 USD |
| Wallets | MyEtherWallet, Ledger, Metamask. |
| Exchanges | Binance, Coinbase, Huobi Global, HBTC, Coineal, HitBTC, Digifinex, CoinEx, Bibox, BitZ, Coinsbit, Bitrue, coinbase Pro, IndoEx, BKEX, Bitmax, BBX, Upbit, Hoo, Bithumb, Bitfinex. |
Conclusion
While we cannot say for sure if Grayscale holding so much ETC is a positive or a negative for the network.
Yet, after years of inactivity, having IOHK running the development team and with original Ethereum co-founder and fellow “code is the law” supporter in Charles Hoskinson back on the board of directions, this is undoubtedly a positive step forward.
Therefore, the future really could still be promising for this often misunderstood or forgotten crypto project.
Ethereum Classic receives a 4-star rating from us. What are your predictions on ETC? Leave your rating and comments below!
FAQ
1. What do we expect the highest price forecast for ETC to be for the year 2022?
We expect the ETC price to reach a maximum level of $38.17 in 2022.
2. Is Ethereum Classic (ETC) a good investment?
We expect the value of ETC to continue to expand, as the shortage in the market cap tends to encourage price rise. Please keep in mind, however, that any investment carries some risk. So invest in what you can accomplish before drawing any conclusions and conducting as much research as possible.
3. How high can the price of ETC go?
In 2026, we estimate that the coin will easily reach around the $124.78 mark. However, in 2029, our Ethereum Classic Price Prediction for 2029 is $511.30, which we believe will be its highest peak.
4. How much will Ethereum Classic be worth in 2030?
In terms of price, Ethereum Classic has the potential to reach new heights. It is forecast that Ethereum Classic will increase in value among other expert analysts. Our ETC price prediction for 2030 is around the $207.74 mark.
