{"id":1210,"date":"2021-08-31T15:34:24","date_gmt":"2021-08-31T19:34:24","guid":{"rendered":"https:\/\/www.hodlin.com\/blog\/?p=1210"},"modified":"2021-08-31T15:35:22","modified_gmt":"2021-08-31T19:35:22","slug":"ethereum-classic-price-prediction-for-september","status":"publish","type":"post","link":"https:\/\/www.hodlin.com\/blog\/ethereum-classic-price-prediction-for-september","title":{"rendered":"Ethereum Classic Price Prediction: ETC Might Double if $70 Is Breached"},"content":{"rendered":"\n
\"Ethereum
Ethereum Classic Price Prediction For September<\/figcaption><\/figure>\n\n\n\n

Ethereum Classic<\/a>, for lack of a better descriptive term, is “one of those projects.” It is applauded and criticized at the same time.<\/p>\n\n\n\n

Sometimes at the fringes, the coin slides to be at the tail end of the top-40 crypto projects.<\/p>\n\n\n\n

At other times, the ETC coin is one of the top performers. Like is presently the case.<\/p>\n\n\n\n

Ethereum Classic Market Review<\/h2>\n\n\n\n

At 21st in the crypto market leaderboard, ETC is relatively firm and has already flipped some of the top crypto projects to be an alternative for Ethash miners gradually shifting their computing power from Ethereum<\/a>.<\/p>\n\n\n\n

It is highly expected that ahead of Eth2 migration, which happens in the next few months, Ethereum’s hash rate will hemorrhage as most flow to the Ethereum Classic network\u2014and Ethash alternatives.<\/p>\n\n\n\n

Presently, the ETC bulls are struggling to sustain the uptrend but are relatively stable on the last trading day. The coin is down three percent versus the greenback on the previous day, falling roughly 10 percent week-to-date.<\/p>\n\n\n\n

Mirroring this drab performance is shrinking trading volumes which are down over the last week of uncertainty.<\/p>\n\n\n\n

All the same, ETC prices are trading above the main support trend line, defining ETC\/USD price action in the last few months.<\/p>\n\n\n\n

The significance of this loading level cannot be understated. Provided prices trend above this level; every low may provide entries for optimistic bulls.<\/p>\n\n\n\n

Ethereum Classic Market Movers<\/h2>\n\n\n\n

Fundamentally, Ethereum Classic is well buttressed.<\/p>\n\n\n\n

For smart contracting purists, the network is anchored on blockchain principles and is community-focused.<\/p>\n\n\n\n

Where code is law, Ethereum Classic is dependable for dApps who simultaneously want to enjoy the interoperability with Ethereum and vibrancy of high participation.<\/p>\n\n\n\n

As Ethereum prepares to shift to a staking network, the Ethereum Classic community continues to grow. There are now over 500k followers on Twitter supplemented by active engagement in other social media channels.<\/p>\n\n\n\n

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Congratulation to @eth_classic<\/a> for reaching 500k followers.#ethereumclassic<\/a> community is growing fast.

For more news about #ETC<\/a> go follow @eth_classic<\/a>. pic.twitter.com\/uMZnCzFDf0<\/a><\/p>— phoenix (@Bphoeniix) August 23, 2021<\/a><\/blockquote>