Ethereum Classic (ETC) is currently trading at $24.28, indicating a 2.51% rise over the last 24 hours. The volumes of trading have also increased significantly and reached $288.72 million, which is a 14.22% increase from the day before.
In the last seven days, the price of ETC increased by 19.76%, indicating re-established investor optimism and increased marketplace interest in this old-guard cryptocurrency. Specialists indicate the marketplace fundamentals have become even more positive for ETC on the basis of both technicals and general cryptocurrency marketplace contagion.
In the view of Crypto analyst Rose Premium Signals, Ethereum Classic has just broken out of a falling wedge formation on the daily chart, a pattern commonly viewed as a powerful bullish reversal sign. At the moment, the asset is re-testing the break zone, and this could form the springboard for the next leg upwards.
Experts have established particular short-term objectives: $25.98, $28.05, and $30.49. The future looks bright as long as the ETC remains in shape above the configured support zone. Market analysts indicate this technical formation, together with rising trading volumes, could keep the momentum going and attract new fresh buy interest in response to the breakout.
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Before 2025, different forecasting websites predict a mixed but bright future for Ethereum Classic. As per DigitalCoinPrice, the latter has the probability of touching above the $53.40 mark in the near future and reasserting and exceeding the previously established old all-time high of $176.16.
Meanwhile, the tech analysis for Changelly projects a minimum of $19.05 and a maximum of about $24.05 with an average trade price of $29.04. Seasonal swings are also noted by analysts who look for the summer of late 2025 to see ETC top about $26.54 with possible swings down to $24.04 and summertime peaks of $29.04 in August.
Also Read | Ethereum Classic (ETC) Struggles Below Key Averages, Eye Breakout from $16–$18 Range