Ethereum Classic Price Fuels The Bulls On The Intraday Trading

  • Ethereum Classic embarks heavy recovery.
  • The upsurge in the ETC price reflects the legs.

The traders, who have purchased Ethereum Classic in recent times, can take a sigh of relief. ETC coin has started the recovery spree in the market. There was a tremendous drop in the price of the coins observed from the last couple of days. The drop was so impactful that it anchored almost all the coins down. Ethereum Classic was one of them.

Ethereum Classic Price Analysis & Forecast

Well, it seems that the storm has finally passed. We are looking forward to the price rally in Ethereum Classic. The same might take many other coins up in the market.

Yesterday, the ETC coin opened at $6.471. The coin dribbled a little but later kept the price tight at $6.377. Ethereum Classic took a deep dig when the price fell from $6.377 to $5.946 by 6.76%. Then, the ETC coin price again shifted from $6.052 to $5.777 by 4.55%. The coin closed the day at $5.981. The intraday loss was of 7.57%. Today, Ethereum Classic fell to $5.760 from $5.981 by 3.70%. Post the fall, the coin started moving up. The escalation in the coin was significant. The price counters reached to $6.331 from the opening price $5.981 by 5.80%.

Ethereum Classic has shown remarkable potential in the last couple of weeks. The coin witnessed a drastic changed in the market cap, which took it to the 16th level in the ranking chart.

Ethereum Classic Price Analysis

We are anticipating that the coin might trade around its 90-day highest value of $8. In the coming years, the investment would give a flourishing result. We would recommend the traders to dine in for a long-term plan.

Recent Articles

eToro Broker Review 2020 – All You Need to Know About eToro Before Signing Up!

  Overview eToro was established in the year 2007, known as one of the leading social trading platforms. Offering more than 1,000...

Plus500 Review 2020 – What you need to Know before Signing up with this Broker

Overview Plus500 was established in the year 2008 and it offers online CFD...

Danal FinTech to Adopt a Complete AML Product Suite Developed by Uppsala Security

Decentralized cybersecurity solutions firm Uppsala Security announced on Tuesday that it had signed a cryptocurrency anti-money laundering (AML) solution contract with the South Korean mobile...

Bitcoin Scams and Regulatory Authorities: Things You Should Know

The decentralized nature of Bitcoin and other cryptocurrencies is like a double-edged sword. On the one hand, it provides freedom from any...

Bitcoin Vs. Banks: Why Banks Continue to Remain Preferred Choice?

The evolution of technology has divided the world as never before. On the one side, we have an army of technology advocates...

Related Stories

Leave A Reply

Please enter your comment!
Please enter your name here

Stay on op - Ge the daily news in your inbox