Ethereum Classic (ETC) is showing signs of renewed bullish sentiment, currently trading at $18.31. With a 24-hour trading volume of $138.7 million and a modest 3.18% gain since yesterday, ETC appears to be gaining traction. Although it’s down 0.37% in the past hour, the short-term trend remains posiRead more
Ethereum Classic (ETC) is showing signs of renewed bullish sentiment, currently trading at $18.31. With a 24-hour trading volume of $138.7 million and a modest 3.18% gain since yesterday, ETC appears to be gaining traction. Although it’s down 0.37% in the past hour, the short-term trend remains positive, adding weight to growing interest in Ethereum Classic price prediction among traders and analysts.
The 50-day Simple Moving Average (SMA) stands at $16.77, while the 200-day SMA is at $22.42, suggesting room for potential upward momentum if current trends continue. ETC’s circulating supply is 151.9 million, with a max cap of 210.7 million tokens.
The recent Olympia upgrade is a game-changer, introducing a deflationary fee-burning model and a decentralized governance structure via the Olympia Treasury and DAO. These changes aim to enhance ecosystem development, reduce token supply, and boost long-term value.
Community sentiment also supports a bullish outlook. An X post by @PequenoGigants predicted a “parabolic upward shift,” while whale tracking account @FishTheWhales reported heavy accumulation activity and a high buying score of 8/10, with recent trades reaching $19.89.
These combined technical, fundamental, and community-driven signals indicate growing investor confidence in ETC’s future potential. Traders should monitor volume and resistance levels closely for breakout confirmation
Whales Are Circling Ethereum Classic—What’s Coming Next?
Ethereum Classic (ETC) is showing signs of renewed bullish sentiment, currently trading at $18.31. With a 24-hour trading volume of $138.7 million and a modest 3.18% gain since yesterday, ETC appears to be gaining traction. Although it’s down 0.37% in the past hour, the short-term trend remains posiRead more