As of April 6, 2023, ETC, the native coin of the Ethereum Classic network, is up over 6%, month-on-month. And there is a lot more to this price rise than just a short-lived rally. For the unversed, Ethereum Classic is a hard-forked chain that retained the characteristics of the original Ethereum protocol before the infamous DAO hack. And even though it didn’t become as popular as Ethereum, Ethereum Classic continues to be a reliable DApp and smart contract-focused chain — all while being proof-of-work.
Throughout this Ethereum Classic price forecast, we consider the fundamentals, tokenomics, and key on-chain metrics of the network before conducting short-term and long-term technical analysis.
In this price prediction:- ETC price prediction and fundamental analysis
- Ethereum Classic tokenomics
- ETC price prediction and key metrics
- ETC price prediction and technical analysis
- Ethereum Classic (ETC) price prediction 2023
- Ethereum Classic (ETC) price prediction 2025
- Ethereum Classic (ETC) price prediction 2030
- Ethereum Classic (ETC’s) long-term price prediction (up to 2035)
- Is the ETC price prediction model accurate enough?
- Frequently asked questions
ETC price prediction and fundamental analysis
It is appropriate to look at Ethereum Classic from a more fundamental perspective to understand how ETC, the native crypto, holds in a world where ETH reigns supreme. Here are some of the aspects that look optimistic:
- Ethereum Classic is still PoW, which might feel a tad more secure to the purists. In 2020, the Classic chain even made a few decentralized tweaks to improve network security against majority attacks, or 51% attacks.
- Ethereum Classic has a well-defined roadmap in place, focusing on incremental developments and chain upgrades. There have already been many upgrades, including Phoenix, Agharta, and Atlantis. These have taken the abilities of the Classic chain to the next level, even making it compatible with the existing Ethereum network.
Also, if you check the official website, you will notice how Ethereum Classic claims to be the “original Ethereum.”
Ethereum Classic: Classic.orgComing to relevance, Ethereum Classic supports smart contracts and DApps, all while being compatible what the Ethereum network. Therefore, if someone wants to experience the PoW version of Ethereum, going classic might just be a better approach.
Overall, Ethereum Classic still makes sense to the PoW purists who liked Ethereum before it transitioned to the PoS space.
Ethereum Classic tokenomics
Unlike ETH, ETC tokens have a fixed supply of 210.7 million. This gives Ethereum Classic a deflationary twist. At present, 67% of ETC tokens are in circulation. Also, it is worth mentioning that as Ethereum Classic is a PoW chain, miners have the incentive to keep validating blocks. Do note that the miner reward mechanism started at 5 ETC but has dropped to 2.56 ETC.
A fixed token supply and reduced miner rewards currently make Ethereum Classic disinflationary. And once the circulating supply equals the total supply, you can expect the same to turn deflationary. This might positively impact the long-term prices of Ethereum Classic ETC.
ETC price prediction and key metrics
If you look at the 90-day address count of ETC, you will notice a significant dip. On January 11, 2023, the addresses peaked, followed by a rise in the prices of Ethereum Classic. However, the same has been dropping since, leading to a sharp dip in the prices on March 9, 2023. It is advisable to keep a close eye on active addresses to preempt a price surge, if any.
ETC price prediction and active addresses: MessariIf you look at ETC from an investment perspective, here are a couple of charts you should consider reading in-depth. Firstly, the 4-week volatility chart shows a clear price-specific uptrend every time the volatility metric makes a bottom. At present, we can see the orange line (volatility metric) trying to move up from a bottom of sorts. This might mean a short-term price surge.
ETC price prediction and volatility: SantimentAlso, the market cap of Ethereum Classic has started looking up post-9 March 2023, where the prices nosedived. While the trading volume remained constant, a growing market cap can be a good sign for the mid-term prices if it manages to go above the $3.36 billion mark or the previous high.
ETC price and market cap: CoinMarketCapOverall, for tracking the price movements of ETC in this crypto market, it is advisable to keep a closer eye on the active addresses, volatility, trading volume, and certainly the market cap.
ETC price prediction and technical analysis
Before trying to figure out patterns for long-term price analysis, let us take a quick look at the price of ETC in the short term and how the price movements might surface over the next few weeks or months.
The daily chart reveals that ETC is trading inside a falling wedge pattern, moving excruciatingly close to the upper trendline. Even though this might look like a bullish sign, you might just be better off considering the bearish divergence in play. Therefore, the current range-bound spell of price movements seems to be on the expected lines.
ETC daily chart: TradingViewAt press time, ETC is trading at $20.24, with a crucial resistance level placed at $25.12. But for that to take effect, Ethereum Classic’s price would first have to cross the $22.67 level. Now, let us move to the weekly chart and locate the broader strokes or patterns, if visible.
Pattern recognition
Below is the weekly chart, with ETC’s all-time high price, close to $177, standing out as a clear peak. On the left side of the peak, we have a set of higher highs, whereas the right side comprises lower highs. You can only notice a bullish divergence, illustrated by the weekly RSI formation. This might hint at a new pattern formation, with the existing series of lower highs being interrupted by a higher high.
ETC weekly chart: TradingViewHere are all the highs and lows marked on the weekly chart — points that would help you locate the average low-to-high and high-to-low price movements.
ETC price prediction points: TradingViewNote: Sometimes, the same candle makes the highs and then drops to make the lows. However, we have ensured that we take only the candle(s) next to the one making the high for calculation-specific ease.
Price changes
To calculate the average low-to-high and high-to-low percentages, we can now locate the movements (percentage changes and distance) between every low and the subsequent high across two paths: M to D and M1 to D.
Price changes: TradingViewETC price prediction tablesNow that we have all the data for the corresponding points, we can calculate the low-to-high and high-to-low averages for the subsequent price movements.
Low-to-high: 386.87% and anywhere between 7 days to 427 days. However, in bearish market conditions, the growth percentage could be 205.71% — the lowest one from the table.High-to-low: 60.79% and anywhere between 7 days to 77 days. Note that in bullish market conditions, the percentage drop could be -49.22% — the lowest value from the table above.
Per the values from earlier, we can now trace the ETC price predictions through to 2035.
Ethereum Classic (ETC) price prediction 2023
Outlook: Bullish
Now that we have all the details on our side, we can trace the next high from M1 — the last known point on the weekly chart. As the crypto market hasn’t seen any significant increase in valuation over the past few months, it is safe to assume that the next move from M1 to the supposed A2 could be restricted to 205.71% and not the standard average we calculated.
ETC price prediction 2023: TradingViewThis puts A2 at $45.88 and in 133 days — selected timeframe as the same came across two times in the tables from earlier. The next low, from A2, could surface at a low of 60.79% in 77 days. This puts the ETC price prediction low at $17.93 — towards July 2023.
Projected ROI from the current level: 126%
Ethereum Classic (ETC) price prediction 2025
Outlook: Bullish
From N2, the next high could or B2 could surface in 2024. We can still expect the price hike to be 205.71%, like in 2023. However, with Ethereum expected to see many developments in 2023, including the Shapella upgrade, the time taken for ETC to register such a significant increase in price could be 336 days — data from the table above.
ETC price prediction 2025: TradingViewThis puts the B2 at $54.66. The next low, post-B2, could surface at a dip of -49.22% in 77 days — considering the crypto market robustness that might surface in 2024. This puts 2024 low at $27.68.
If the ETC price predictions reach the expected levels in 2023 and 2024, we can expect the average hike of 386.87% (in 427 days max) to hold. This significant price rise would put the high in 2025 at $134.61. Keeping the average price of 60.79% in mind, the low can surface at $52.71 — pretty close to the support level of $52.84. However, per our calculations, this level might surface in 2026.
And the 2025 low could be anywhere close to the $31.58 mark, tracing the path from 2024 to 2025.
Projected ROI from the current level: 563%
Ethereum Classic (ETC) price prediction 2030
Outlook: Very bullish
Now that we have the 2026 low at $52.71, we can expect the next high to follow the lowest percentage of 205.71% again. This is considering the fact that it might be very difficult for ETC to grow by close to 400% across consecutive years, based on historical data.
The time taken could still be 427 days, considering the tepid expectations. Therefore, the next high, expected to surface in 2027, could form at $161.26. Still short of the ETC’s current all-time high.
ETC price prediction 2030: TradingViewKeeping 2027 as the high and with the 2026 low in mind, we can extrapolate the ETC price prediction levels till 2030. Do note that this might not be the most accurate projection, but it gives a fair idea of where the ETC-specific price movements might head in the next few years.
This assumption puts the price of Ethereum Classic at $503.24 by the end of 2030, considering it keeps following the same growth trajectory.
Projected ROI from the current level: 2380%
Ethereum Classic (ETC’s) long-term price prediction (up to 2035)
Outlook: Very Bullish
Now that we have technical analysis corresponding to the Ethereum Classic price forecast till 20230, we can use similar calculations to project the price movements through 2035.
| Year | | Maximum price of ETC | | Minimum price of ETC |
| 2023 | $45.88 | $17.93 |
| 2024 | $54.66 | $27.68 |
| 2025 | $134.61 | $31.58 |
| 2026 | $161.26 | $52.71 |
| 2027 | $201.57 | $124.97 |
| 2028 | $262.04 | $204.39 |
| 2029 | $393.07 | $243.70 |
| 2030 | $503.24 | $392.52 |
| 2031 | $629.05 | $490.66 |
| 2032 | $754.86 | $588.79 |
| 2033 | $905.85 | $706.56 |
| 2034 | $1177.58 | $918.51 |
| 2035 | $1295.34 | $1010.36 |
Is the ETC price prediction model accurate enough?
Firstly, this ETC price prediction model uses detailed fundamental and technical analysis to predict short-term and long-term price movements of this Ethereum sibling. And while the data-backed approach makes this Ethereum Classic price forecast model one of the more accurate, looking at the average price of Ethereum Classic for any given year is the most realistic reflection of the actual levels.
Frequently asked questions
Can ETC reach $1000?
While no price level is improbable in the crypto market, it might take a lot of time and effort for the price of ETC to reach or even cross $1000. While we can expect something in the range of $500 for ETC by 2030, a level closer to $1000 might still take a couple of more years, even till 2035, to surface. And for this level to the surface, ETC would need to see significant adoption, especially from miners.
How high is ETC expected to go?
There is no absolute price level that we have in mind for ETC. However, as per our ETC price prediction, the average price, towards the end of 2035, can go as high as $1200 or even higher. Of course there are no guarantees that ETC will ever reach this price.
How much will Ethereum Classic be worth in 2025?
By 2025, we can expect the price of ETC to go as high as $135, depending on the market conditions. However, for such a significant increase in the prices, our ETC price prediction model must be validated by massive adoption and increased transaction volume at ETC’s counter.
Is ETC a good investment?
Per our long-term ETC price prediction model, Ethereum Classic seems like a decent investment. However, the possibility of ETC reaching the mentioned levels depends a lot on the broader crypto market and also the overall sentiments associated with Ethereum and PoW cryptos.
