Will ethereum price rise

Ethereum price 2021: Ethereum ‘will keep rising’ as all-time high expected in months

ETHEREUM price has soared in value in recent months as it’s become the main rival to original crypto-coin Bitcoin. And according to one expert, Ethereum «will keep rising» as an all-time high is expected to come at the end of the year.

Trader reveals Ethereum is ‘most undervalued’ cryptocurrency

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Ethereum and Bitcoin have many similarities; each is a digital currency traded via online exchanges and stored in various kinds of crypto wallets. Both Bitcoin and Ethereum are decentralised, meaning they’re not issued or regulated by a central bank or other authority, and both make use of the distributed ledger technology known as blockchain. While it began as an alien concept, over the years the concept of a virtual and decentralised cryptocurrency has gained acceptance and traction among regulators and government bodies.

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Launched in July 2015, Ethereum is the largest and most well-established open ended decentralised software platform.

Ethereum comes complete with its own programming language which also runs on blockchain.

This enables developers to build and run distributed applications, essentially improving the currency any time.

According to eToro, Ethereum is of great value to investors as it can easily be traded or exchanged for other cryptocurrencies.

In addition, the broker writes that the crypto coin can be used at a growing number of online and ‘bricks and mortar’ retailers.

Ethereum price 2021: Ethereum ‘will keep rising’ as all-time high expected in months (Image: Getty)

Ethereum price 2021: Ethereum has surged in value in recent months (Image: Getty)

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Transaction times are much faster when compared to Bitcoin, and Ethereum provides access to a number of decentralised apps (dApps), enabling developers to create new online tools.

Progress within the retail sector for Ethereum was shown in March 2021 when Christie’s became the first ever auction house to accept Ethereum as payment for a work of art.

The piece called ‘Everydays: The First 5000 Days’ was sold for a purchase price equivalent to $69.3million (£49.5million).

According to one expert, all of Ethereum’s advantages will likely put it ahead of Bitcoin, dubbing the new alt coin as a “powerhouse”.

Crypto expert Adam Morris, co-founder of Crypto Head, told Express.co.uk: “It’s likely that Ethereum will keep rising and if history repeats itself, we’ll probably see it at an all-time high towards the end of the year.

Ethereum price 2021: Experts think it’s unlikely Bitcoin will be rivalled (Image: Getty)

“But it’s important to realise that we are in a market cycle and it will have major corrections.

“Long term, Ethereum is set to be a powerhouse in the crypto industry.”

When asked about Bitcoin and its future, especially taking into consideration how much the crypto market has exploded in recent years, Mr Morris doesn’t think anything will rival the original.

He said: “While it’s possible that other coins could overtake Bitcoin, it is unlikely.

Ethereum price 2021: Ethereum could reach an all-time high by the end of 2021 (Image: Getty)

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“Bitcoin has solidified itself as the gold equivalent in this market, and most institutional investors are predominantly investing in it as a store of wealth.”

Addressing other coins that have surged in popularity in 2021, Mr Morris said Dogecoin, propelled by Tesla CEO Elon Musk, is very volatile.

Mr Morris explained the reason investors are attracted by coins like Doge is because “they feel they can turn their investment into a much larger amount in a short period of time”.

The crypto expert added: “While it’s one of those investments that could go well short-term, this gambling mentality makes for poor long-term investment decisions.

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“But, when it’s risen by 1,260 percent in the last month you can see why retail investors would be attracted to invest.

“It’s coins like this that are first to drop 95 percent in a market crash, which has already happened in the 2018 crash.

“It’s incredibly high-risk because it has no real utility and has seen huge price increases off the back of celebrities and the gambling mentality of newer investors.”

Mr Morris warned: “If you’re investing in coins like this you need to be on the pulse and understand the level of risk you are taking on.”

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Ethereum Classic Prediction 2021 – Will ETC Price Reach $150, By End of 2021!

Ethereum Classic is an open-source, decentralized, blockchain-based cryptocurrency which runs on smart contracts. Based on the principle ‘Code is Law’ ETC emerged as a split version of Ethereum blockchain as a result of a hack.

In this article, let us try to know some basic information regarding ETC and find out the Ethereum Classic price prediction for 2021 and beyond. At the end, you will have a clear outlook on ETC Price, whether it is a good investment.

Table of contents

Overview

Cryptocurrency	Ethereum Classic
Token	ETC
Price	$ 58.0000
Market cap	$ 7,429,420,289.0000
Circulating Supply	$ 127,828,405.8671
Trading Volume	$ 1,921,008,587.0000
All time high	$ 167.0900 May 6, 2021
All time low	$ 0.6150 July 25, 2016

Ethereum Classic Fundamental Analysis

Ethereum Classic is the basic Ethereum token, created on the smart contracts system, which appeared in 2015. It was designed to help the developers to operate the application effortlessly, with heightened security.

Originally, Ethereum is the hard fork of Ethereum Classic which was officially launched in July 2016. It has the ability to host and support decentralized applications. The main aim of Ethereum classic is to conserve the Ethereum blockchain.

Ethereum Classic was developed by Vitalik Buterin and Gavin Wood. One of the main features of ETC is, anyone can participate in its global development community. Transaction fee is collected by the miners based on the work. It runs on a proof-of-work mining algorithm.

Ethereum Classic Price Prediction 2021

ETC trading at the start of 2021 began with the trading price of $5.70. Further the price kept on surging and eventually entered a massive uptrend phase in the first week of April. The price rose like a giant and surpassed $50 in the beginning of May and also surpassed $100 within a couple of days.

Maintaining the bullish rally, the price is eventually expected to cross $150 in coming days. And if the bull run gets accelerated the price may also reach $200. On the contrary, if the price slashes, the price may retest the levels around $100 or below.

Ethereum Classic Price Prediction 2022

After a pretty good trade year 2021, the ETC price may start the yearly trade above $150 levels and eventually keep on surging until it breaks $200. The price is expected to trade above $250 by the mid of 2022 and surge above $300 by the end of 2022. However, an accelerated rally may lead the price to jump above $350 to $380.

Price Prediction For The Next 5 Years

The ETC price is expected to rally hard and eventually hit the highest levels above $450 by the mid of 2023. However, the price is expected to flip and fall into a bearish trap, declining the prices further.

The price is expected to keep on varying including pumps and dumps which may even lead the price slash below $200. But on the contrary if the price regains the bullish momentum, the price may end up trading in between $350 to $400 by the end of 2025.

Market Prediction For Ethereum Classic

TradingBeasts

TradingBeasts.com predicts ETC might reach $120.687 by the end of 2021 and $191.184 by the end of 2024.

LongForcast

Longforecast.com predicts that ETC might end the year 2021 trading in between $494 and $613. By the end of 2024, the price may trade around $237 to $304 and by the mid of 2025, the price may trade in between $225 to $279.

DigitalCoinPrice

According to DigitalCoinPrice, Ethereum classic may trade at an average of $209.35 by the end of 2021 and $359.94 by the end of 2025.

Our Price Prediction

Considering the historical price movements and the recent change in the price, the ETC price is expected to trade around $150 to $180 by the end of 2021. However, keeping the bullish momentum intact, the ETC price is expected to reach above $300 to $350 by the end of 2025.

Historical Market Sentiments

2016

Ethereum classic started its journey with the trading price of $0.66. The price drastically surged to $2.14 by the end of July. With certain price variations ETC managed to trade at $1.38 at the end of 2016.

2017

ETC continued to trade at $1.40 by early January. The price steadily started to rise and dramatically the price hit $22.34 by mid of June and started to drop further. The price dropped around $10 by September and ETC started to surge further. However, ETC surged further and recorded its All-Time-High by reaching $47.77 by the mid December and later plunged to $26.93 to end the trade of 2017.

2018

ETC initiated 2019 trade at $41.70 and further plunged to $19.75 by early February. Later the price surged to $41.79 in February as bulls held the market. Further the price initiated a downward move and arrived at $14.13 by April. ETC managed to be in the range between $12 and $16 until December. Later the crypto market crash led to the decline in the price of ETC as well as other altcoins. At the end of 2018, ETC was trading around the $5 mark.

ETC managed to trade at the range between $3 and $7 throughout the year.

2020

During the start of 2020, ETC was trading at $4.86. Progressively, the price managed to reach the $11 mark by early February and further plunged to $5 by the end of March. The price continued to be stable throughout the year with certain variations. At the end of 2020, ETC traded at $5.66.

By 2021, ETC is expected to reach $150.52.

Yes. The long-term earning potential is quite high.

Ethereum runs on Proof of Stake consensus algorithm and Ethereum Classic works with smart contracts and Decentralized Apps.

ETC can be traded at the popular exchanges like Binance, OKEx, HitBTC, Upbit and many more.

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Ethereum Classic Prediction 2021 – Will ETC Price Reach $150, By End of 2021!

Ethereum Classic is an open-source, decentralized, blockchain-based cryptocurrency which runs on smart contracts. Based on the principle ‘Code is Law’ ETC emerged as a split version of Ethereum blockchain as a result of a hack.

In this article, let us try to know some basic information regarding ETC and find out the Ethereum Classic price prediction for 2021 and beyond. At the end, you will have a clear outlook on ETC Price, whether it is a good investment.

Table of contents

Overview

Cryptocurrency	Ethereum Classic
Token	ETC
Price	$ 58.8400
Market cap	$ 7,528,475,148.0000
Circulating Supply	$ 127,826,804.4666
Trading Volume	$ 1,925,962,157.0000
All time high	$ 167.0900 May 6, 2021
All time low	$ 0.6150 July 25, 2016

Ethereum Classic Fundamental Analysis

Ethereum Classic is the basic Ethereum token, created on the smart contracts system, which appeared in 2015. It was designed to help the developers to operate the application effortlessly, with heightened security.

Originally, Ethereum is the hard fork of Ethereum Classic which was officially launched in July 2016. It has the ability to host and support decentralized applications. The main aim of Ethereum classic is to conserve the Ethereum blockchain.

Ethereum Classic was developed by Vitalik Buterin and Gavin Wood. One of the main features of ETC is, anyone can participate in its global development community. Transaction fee is collected by the miners based on the work. It runs on a proof-of-work mining algorithm.

Ethereum Classic Price Prediction 2021

ETC trading at the start of 2021 began with the trading price of $5.70. Further the price kept on surging and eventually entered a massive uptrend phase in the first week of April. The price rose like a giant and surpassed $50 in the beginning of May and also surpassed $100 within a couple of days.

Maintaining the bullish rally, the price is eventually expected to cross $150 in coming days. And if the bull run gets accelerated the price may also reach $200. On the contrary, if the price slashes, the price may retest the levels around $100 or below.

Ethereum Classic Price Prediction 2022

After a pretty good trade year 2021, the ETC price may start the yearly trade above $150 levels and eventually keep on surging until it breaks $200. The price is expected to trade above $250 by the mid of 2022 and surge above $300 by the end of 2022. However, an accelerated rally may lead the price to jump above $350 to $380.

Price Prediction For The Next 5 Years

The ETC price is expected to rally hard and eventually hit the highest levels above $450 by the mid of 2023. However, the price is expected to flip and fall into a bearish trap, declining the prices further.

The price is expected to keep on varying including pumps and dumps which may even lead the price slash below $200. But on the contrary if the price regains the bullish momentum, the price may end up trading in between $350 to $400 by the end of 2025.

Market Prediction For Ethereum Classic

TradingBeasts

TradingBeasts.com predicts ETC might reach $120.687 by the end of 2021 and $191.184 by the end of 2024.

LongForcast

Longforecast.com predicts that ETC might end the year 2021 trading in between $494 and $613. By the end of 2024, the price may trade around $237 to $304 and by the mid of 2025, the price may trade in between $225 to $279.

DigitalCoinPrice

According to DigitalCoinPrice, Ethereum classic may trade at an average of $209.35 by the end of 2021 and $359.94 by the end of 2025.

Our Price Prediction

Considering the historical price movements and the recent change in the price, the ETC price is expected to trade around $150 to $180 by the end of 2021. However, keeping the bullish momentum intact, the ETC price is expected to reach above $300 to $350 by the end of 2025.

Historical Market Sentiments

2016

Ethereum classic started its journey with the trading price of $0.66. The price drastically surged to $2.14 by the end of July. With certain price variations ETC managed to trade at $1.38 at the end of 2016.

2017

ETC continued to trade at $1.40 by early January. The price steadily started to rise and dramatically the price hit $22.34 by mid of June and started to drop further. The price dropped around $10 by September and ETC started to surge further. However, ETC surged further and recorded its All-Time-High by reaching $47.77 by the mid December and later plunged to $26.93 to end the trade of 2017.

2018

ETC initiated 2019 trade at $41.70 and further plunged to $19.75 by early February. Later the price surged to $41.79 in February as bulls held the market. Further the price initiated a downward move and arrived at $14.13 by April. ETC managed to be in the range between $12 and $16 until December. Later the crypto market crash led to the decline in the price of ETC as well as other altcoins. At the end of 2018, ETC was trading around the $5 mark.

ETC managed to trade at the range between $3 and $7 throughout the year.

2020

During the start of 2020, ETC was trading at $4.86. Progressively, the price managed to reach the $11 mark by early February and further plunged to $5 by the end of March. The price continued to be stable throughout the year with certain variations. At the end of 2020, ETC traded at $5.66.

By 2021, ETC is expected to reach $150.52.

Yes. The long-term earning potential is quite high.

Ethereum runs on Proof of Stake consensus algorithm and Ethereum Classic works with smart contracts and Decentralized Apps.

ETC can be traded at the popular exchanges like Binance, OKEx, HitBTC, Upbit and many more.

Источник