Ethereum Classic(etc)market reviews and price predictions
Ethereum Classic market statement for 2023-06-02
Yesterday the price of etc stood at $18.1. The market capitalization of the asset was $2 518 447 014. Ethereum Classic’s volatility was established at 1.06%. The trading volume of the coin reached $60 497 848.
Ethereum Classic prognosis for the next days:
We estimate the price of Ethereum Classic to be $17.91 tomorrow 2023-06-04 and $18.09 on 2023-06-10;
We estimate the market capitalization of Ethereum Classic to reach $2 578 887 013 tomorrow 2023-06-04 and $2 566 996 388 on 2023-06-06;
We estimate the volatility of Ethereum Classic to become 0.57% tomorrow 2023-06-04 and 0.73% on 2023-06-06;
We estimate the trading volume of Ethereum Classic to amount to $56 967 272 tomorrow 2023-06-04 and $56 838 375 on 2023-06-06.
Our recommendation for the pair ETC/USD for tomorrow, 2023-06-04, to hold.
Ethereum Classic market stayed flat from May 27 - June 2.
Ethereum Classic portrayed neutral behavior last week, with no changes in the price. ETC has been going through a period of low volatility, which fell in line with the occurred price changes. The asset saw its market capitalization falling over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Ethereum Classic slid down by 2% last week (May 20 - May 26) as the sellers pushed back.
The behavior of Ethereum Classic last week was characterized by the occurrence of downswings. ETC was caught in a period of low volatility, which was reflected in its price action. The price action on the coin's market translated to the decline of market capitalization. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Bearish response: The Ethereum Classic price melts by 2% between May 20 and May 26.
The analysis of last week’s price action shows that the Ethereum Classic market is in the phase since the price has been moving downward. The situation on the ETC market shows that the underlying asset is currently experiencing a period of low volatility. The price action on the coin's market translated to the decline of market capitalization. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Ethereum Classic slid down by 4% last week (May 19 - May 25) as the sellers pushed back.
The analysis of last week’s price action shows that the Ethereum Classic market is in the bearish phase since the price has been moving downward. The situation on the ETC market shows that the underlying asset is currently experiencing a period of low volatility. The asset saw its market capitalization falling over the reviewed period together with its price. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Ethereum Classic slid down by 4% last week (May 19 - May 25) as the sellers pushed back.
The downward movement of the Ethereum Classic price last week indicates the chosen market is bearish. The price swings of ETC pointed to the presence of low volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Down by 4% : The Ethereum Classic market saw some bearish action last week (May 19 - May 25).
The analysis of last week’s price action shows that the Ethereum Classic market is in the bearish phase since the price has been moving downward. The volatility associated with the ETC market was low, as were its price fluctuations. The price action on the coin's market translated to the decline of market capitalization. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Down by 4% : The Ethereum Classic market saw some bearish action last week (May 19 - May 25).
The bearish behavior of Ethereum Classic last week was characterized by the occurrence of downswings. The price swings of ETC pointed to the presence of low volatility. The price action on the coin's market translated to the decline of market capitalization. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
May 19 - May 25 market wrap: Ethereum Classic had a slight 4% drop.
The downward movement of the Ethereum Classic price last week indicates the chosen market is bearish. ETC was caught in a period of low volatility, which was reflected in its price action. The asset saw its market capitalization falling over the reviewed period together with its price. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Slightly bearish : traders witnessed Ethereum Classic moving down 4% from May 19 till May 25.
The downward movement of the Ethereum Classic price last week indicates the chosen market is bearish. ETC was caught in a period of low volatility, which was reflected in its price action. There has been a fall in the market capitalization of the asset during the period under review. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Buyers weakened their grip on the Ethereum Classic market (May 8 - May 14) as the price rose only by 1%.
The analysis of last week’s price action shows that the Ethereum Classic market is in the bearish phase since the price has been moving upward. The volatility associated with the ETC market was low, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.