Key Takeaways
Ethereum Classic was founded as a hard fork from Ethereum, resulting in a disagreement on how to roll back funds after the DAO hack.
The original blockchain was split into two parts, but ETC still uses the original chain in which the funds were hacked. However, the majority voted to roll back the hack and return the stolen funds, moving on to Ethereum.
Since then, ETC has been a somewhat solid, if unspectacular, performer. It underwent its third halving in May last year. With Ethereum stagnating at a time when other cryptos have reached all-time highs, ETC will be hoping to be an alternative for investors.
On Jan. 27, 2025, ETC was worth about $25.10.
Let’s now look at our price predictions for Ethereum Classic, made on Jan. 27, 2025. We will also examine the ETC price history and discuss what ETC is and what it does.
Here are the Ethereum Classic price predictions from CCN on Jan. 27, 2025. It is important to remember that price forecasts, especially for something as potentially volatile as crypto, should be taken cautiously.
We will use the wave count to make our predictions and add and remove 20% from the final target to create the minimum and maximum predictions.
Minimum ETC Price Prediction | Average ETC Price Prediction | Maximum ETC Price Prediction | |
---|---|---|---|
2025 | $38.40 | $48 | $57.60 |
2026 | $19.20 | $24 | $28.80 |
2030 | $95 | $115 | $135 |
The most likely wave count suggests that ETC started an A-B-C corrective structure (white) in June 2022.
Wave B developed into a symmetrical triangle. The sub-wave count is in black. If the count is accurate, the ETC price is completing sub-wave 3.
If waves A:C have the same length, ETC could reach a high near $80, depending on where wave B ends.
The high could be reached in June 2025.
Then, the ETC price could begin a lengthy correction similar to that after the all-time high.
During these projected upward and downward movements, the wave count method gives ETC price predictions of $48 and $24 for the end of 2025 and 2026, respectively.
Finally, we used the daily rate of increase for the past five years to make an Ethereum Classic price prediction for the end of 2030. Since January 2020, the ETC price has increased at a daily rate of 0.2%. Projecting this increase until the end of 2030 gives an ETC price prediction of $115.
The wave count method predicts that the ETC price will be between $38.40 and $57.60 by the end of 2025.
The wave count method predicts that the ETC price will be between $19.20 and $28.80 by the end of 2026.
Using the daily rate of increase for the past four years, the ETC price prediction range for the end of 2030 is $95 – $135.
The weekly time frame ETC chart shows that the price has created a double top pattern at the $37.50 horizontal resistance area (black icons). The price has traded below this area since 2022.
ETC has fallen by 40% since completing the double top pattern, leaving a long upper wick in its wake. The price is approaching a long-term ascending support trend line at $20. The trend line has existed since June 2022, so it is imperative that the price trades above it to maintain its bullish trend.
However, technical indicators are bearish. The Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) have generated bearish divergences (green), which reiterate the bearish trend when combined with the double-top pattern.
So, the weekly time frame suggests that ETC will continue falling toward the ascending support trend line at $20.
The ETC price prediction for the next 24 hours is bearish. The price will likely continue falling toward its long-term ascending support trend line at $18.20.
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days.
A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility.
On Jan. 27, 2025, the ATR for ETC was 1.88, a sign of relatively low volatility.
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold.
Movements above 70 and below 30 show over and undervaluation, respectively.
Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On Jan. 27, 2025, ETC’s weekly RSI was at 44, showing a bearish trend.
The Market Cap to Total Value Locked (TVL) ratio measures the valuation of a decentralized finance (DeFi) project by comparing its market capitalization to the total value of assets locked in its smart contracts.
This ratio shows the project’s utilization and links the platform’s health to locked asset value.
A ratio above 1.0 indicates overvaluation because the market cap exceeds the value of assets used in the platform.
A ratio below 1.0 indicates undervaluation because the market cap is lower than the value of locked assets.
On Jan. 27, 2025, the Ethereum Classic TVL ratio was 8,038, indicating a massive overvaluation.
The CCN Strength Index combines an array of advanced market signals to measure the strength of individual cryptocurrencies over the last 30 days.
Every day, it assigns a strength score, ranging from 0 to 100, to the top 500 assets by market capitalization on CoinMarketCap, focusing on both trend direction and the intensity of price movements.
The index dynamically adapts to rapid changes. For example, an asset experiencing a 100% increase within a short timeframe would see a sharp jump in its score to reflect the intensity of the rise.
However, should that asset stabilize at this new price level, the score will gradually taper down and align with the dampened momentum as the movement normalizes. The same principle applies to rapid declines: a sudden drop will spike the score downward, but the score will slowly adjust back up as volatility decreases.
On Jan. 27, 2025, Ethereum Classic scored 26.4 on the CCN Index, suggesting bearish momentum.
We examined the ETC price history and found the lowest prices on certain days, months, quarters, and even weeks in the year, indicating the best times to buy ETC.
Time to Buy ETC | Best Days, Weeks, Months and Quarters |
---|---|
Best Day | Monday |
Best Week | 31 |
Best Month | April |
Best Quarter | Second |
ETC is a smart contracts platform, so let’s compare it with other similar platforms.
Let’s now examine the Ethereum Classic (ETC) price history . While past performance should never be taken as an indicator of future results, knowing what the coin has done can help give us useful context when making or interpreting an Ethereum Classic price prediction.
Period | Ethereum Classic Price |
---|---|
Last Week (Jan. 20, 2025) | $27.85 |
Last Month (Dec. 27, 2024) | $27.10 |
Three Months Ago (Oct. 27, 2024) | $18.52 |
One Year Ago (Jan. 27, 2024) | $24.53 |
Five Years Ago (Jan. 27, 2020) | $11 |
Launch price (July 25, 2016) | $0.932 |
All-time high (May 9, 2021) | $176.16 |
All-time low (July 25, 2016) | $0.4524 |
The market capitalization, or market cap, is the sum of the total number of ETC in circulation multiplied by its price.
On Jan. 27, 2025, Ethereum Classic’s market cap was $3.79 billion, making it the 36th-largest crypto by that metric.
On Jan. 27, 2025, one wallet held nearly 20% of the supply of Ethereum Classic.
As of Jan 27, 2025, the five wallets with the most Ethereum Classic were:
Supply and distribution | Figures |
---|---|
Maximum Supply | 210,700,000 |
Circulating supply as of Jan. 27, 2025 | 150,509,764 (71.43% of maximum supply) |
Holder distribution | The top 10 holders owned 38.44% of the supply as of Jan. 27, 2025 |
In its technical documentation or whitepaper , Ethereum Classic says it was founded on the principle that Ethereum must remain “free from censorship, fraud or third-party interference.”
It says: “In realizing that the blockchain represents absolute truth, we stand by it, supporting its immutability and its future.”
Ethereum Classic was founded in 2016 after a hard fork, or split, from the Ethereum (ETH) blockchain. This happened after a hack stole 3.6 million ETH.
The anonymous Ethereum users who founded Ethereum Classic – which uses the original version of Ethereum – held by the principle that “code is law,” claiming there was no reason to go to extreme lengths following the hack.
People are able to use the Ethereum Classic blockchain to build decentralized applications (DApps).
Ethereum Classic is supported by its eponymous native token, which goes by the ticker handle, ETC.
One of the biggest differences between Ethereum Classic and Ethereum is the fact that the former uses a Proof-of-Work (PoW) consensus mechanism. This means people verify transactions and add blocks to the blockchain by solving increasingly complex mathematical equations.
Ethereum used to use PoW but transitioned to Proof-of-Stake (PoS), where people add blocks based on how much ETH they hold, in September 2022.
The system helps developers create DApps by using smart contracts and computer programs that execute automatically when certain conditions are met.
The ETC coin itself is used as a reward for miners. People can also buy, sell, and trade it on exchanges.
It is difficult to tell right now.
Coins have always been a cheaper alternative to ETH. However, since Ether is a Proof-of-Stake coin, people who prefer a PoW network might move to Ethereum Classic.
The coin may have risen in value in 2023 but underperformed that market, which may be a sign of caution.
The fact that nobody considers Ethereum Classic an unregistered security is also good news for the coin.
On the other hand, ETC feels destined to operate in its predecessor’s shadow, which could limit its potential growth.
Right now, it’s hard to say if—and what entity—the SEC’s decision on an ETH ETF may influence ETC’s price.
As always with crypto, you should do your own research before deciding whether or not to invest in ETC.
No one can really tell right now.
Remember, though, that price predictions have a well-earned reputation for being wrong. Prices can and do go down and up.
Before you decide whether or not to invest in Ethereum Classic, you will have to do your own research, not only on ETC but also on related coins and tokens such as Ethereum itself.
Either way, you must also ensure that you never invest more money than you can afford to lose.
Our price predictions suggest that Ethereum Classic could reach $100 by 2030.
The ETC crypto rewards miners on the Ethereum Classic blockchain. It can also be bought, sold, or traded on exchanges.