RATE Group | Ethereum Classic (ETC) Can Easily End The Year Above $100
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Ethereum Classic (ETC) Can Easily End The Year Above $100

13 Oct Ethereum Classic (ETC) Can Easily End The Year Above $100

Posted at 00:12h in Ethereum News by

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Ethereum Classic Chart With Values

Ethereum Classic (ETC) is highly likely to trade north of $100 by end of the year. This does not require a very bullish Bitcoin (BTC). In fact, if Bitcoin (BTC) trades around $10,000, that would do the job for Ethereum Classic (ETC). Considering that we still have approximately eighty days till the end of the year, Bitcoin (BTC) might easily reach that level. These are very conservative targets for both Ethereum Classic (ETC) and Bitcoin (BTC). If we see an influx of new capital in the cryptocurrency markets as expected, the situation could be a lot different. If Bitcoin (BTC) reaches a price of $25,000 by end of the year as predicted by Tom Lee of Fundstrat, Ethereum Classic (ETC) could reach a price of $500.

It is pertinent to note here that Ethereum Classic (ETC)’s rise in the latter half of the year will have more to do with its own fundamentals rather than a rising Bitcoin (BTC). In our previous analyses, we have discussed at length all the game changing events for Ethereum…

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