ETC Price Rises 3% Today: Check the Prediction!

Bittime - Ethereum Classic (ETC) price increased by 3% in the last 24 hours. This has rekindled optimism among crypto investors.

After weakening for several weeks, ETC is now showing signs of recovery amid a stagnant market. This momentum could signal the beginning of a medium-term recovery, especially ahead of the major Ethereum Classic network update called the Olympia Upgrade.

The ETC price increase also occurred when the Fear & Greed index showed a level of 64, indicating the market was in a "greedy" or confident phase.

But is this a sign that ETC will continue to rise, or is it just a temporary rebound? Let's delve deeper into what's really driving ETC's price and what the predictions are for 2030.

What is Ethereum Classic (ETC)?

Ethereum Classic (ETC) is the original version of the Ethereum network that was formed after the DAO Hack event in 2016. At that time, most of the Ethereum community voted to reverse transactions to return stolen user funds.

However, others opposed this move, citing the "Code is Law" principle, which states that transactions on the blockchain should be immutable. This gave rise to Ethereum Classic, which remains true to the principles of data immutability and true decentralization.

ETC uses the Proof of Work (PoW) system like Bitcoin, where the transaction validation process is done through mining.

With a maximum supply of 210 million coins, Ethereum Classic also has characteristics similar to a smart version of “digital gold” because it supports smart contracts like Ethereum, but still maintains the security of PoW.

Read also: Solana's PumpFun Narrative: Mechanisms, Flagship Token Listing, and Risks for Investors

Why is ETC Price Rising Today?

In the past 24 hours, the price of ETC has risen 3% to around $19.81, with a market capitalization of $3.05 billion. This increase was driven by several positive factors:

1. Bullish technical signals: ETC managed to break through its 7- and 30-day moving averages, which many analysts consider an early sign of recovery.

2. UK regulatory support: Starting October 8, 2025, retail investors in the UK will now be able to purchase crypto ETN products, including ETC, through tax-free investment accounts such as ISAs. This increases market access and increases the legitimacy of the asset.

3. Network update progress: The Olympia Upgrade update currently under development has the potential to strengthen community governance and improve the transaction fee system in the future.

ETC Price Analysis

Technically, Ethereum Classic is in a neutral zone, with the RSI indicator at 50.10. However, trading volume increased by more than 50% to $722 million, indicating revived market interest.

If ETC manages to break through the resistance area at $20.07, it could potentially rise to $22.00. Conversely, if selling pressure increases, the price could correct to $19.18 or even the strong support level at $18.79.

Short-term sentiment is still bearish, but medium-term indicators show room for upside until the end of the year.

Read also: CHEEMS Price Prediction & Analysis: The Meme Coin That Soared 24% in a Day!

Factors Affecting ETC Prices

Some important factors that influence ETC price movements include:

• Protocol Update (Olympia Upgrade): A major update planned for 2026 will bring fee burn features and decentralized governance that could strengthen ETC's long-term value.

• Energy Policy and Regulation: Since ETC still uses Proof of Work, regulations regarding energy consumption in Europe could affect investor appeal.

• Global Market Sentiment: Trend changes in major crypto markets like Bitcoin often influence ETC's movements.

• Miner Support: The loyalty of the miner community is an important factor because ETC is one of the few major networks that still maintains a PoW system.

ETC Price Prediction 2025–2030

Based on the latest market analysis and technical trends, Ethereum Classic is expected to experience gradual growth over the next five years. Here are the complete projections:

ETC Price Prediction 2025

2025 could be a recovery year for ETC. Prices are expected to move between $19.55 to $35.44, with an average of $21.78. If the positive market momentum continues, the profit potential could reach78%compared to current prices.

ETC Price Prediction 2026

With the effect of the Olympia Upgrade update, the price of ETC in 2026 is estimated to be in the range $21.22 to $35.46, with an average of around $27,33January is expected to be the most bullish period.

ETC Price Prediction 2027

In 2027, ETC price projections show a steady upward trend with an average $26.71 and the highest potential in $35.65. PoW community support and DAO governance could be key drivers.

ETC Price Prediction 2028

2028 is expected to be a period of continued strengthening with average prices at $28.38 and maximum potential achieved $35.70. If market conditions are favorable, ETC could grow to80%compared to current prices.

ETC Price Prediction 2029

The increase continues in 2029, with price projections between $20.31 and $39.22. In an optimistic scenario, ETC has the potential to break a new record since the post-crypto pandemic era.

ETC Price Prediction 2030

Twenty thirty is estimated to be the peak of ETC's bullish phase with an average price of around $32.90 and maximum potential in $39.23. If this trend is achieved, ETC will record growth of almost 100% from the current value.

Read also: BNB Price Prediction: Skyrocketing to 3rd Place and Future Prospects?

Conclusion

Today's ETC price increase is a positive signal for investors who still believe in the power of Proof of Work and the principle of "Code is Law."

Although the market continues to exhibit high volatility, Ethereum Classic remains an attractive option for those seeking a crypto asset with strong character and a focus on network security.

However, it's important to remember that ETC price predictions are merely projections based on market data and sentiment. Investors are advised to always conduct their own research before making any investment decisions.

How to Buy Crypto on Bittime

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Also, visit the Bittime Blog for interesting updates and educational information about the crypto world. Find reliable articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.

FAQ

Does Ethereum Classic have a future?

Based on a predicted annual growth of 5%, the priceEthereum Classic (ETC) estimated to reach$24.45 in 2030and has the potential to achieve$39.83 in 2040.

Is Ethereum Classic a good investment?

ETC can be a good investment for appreciative long-term holders of decentralization and data immutability. However, ETC is more volatile than other major coins like Bitcoin or Ethereum, so the risks are higher.

Can Ethereum Classic reach $10,000?

ETC could theoretically reach $10,000, but it's difficult to predict. The probability of ETC reaching that value is as high as the probability of ETC plummeting and becoming worthless.

Is Ethereum Classic better than Ethereum?

Ethereum (ETH) is superior in terms of scalability and a better security track record. While ETC has had network security issues since its inception, ETH offers a more modern and secure solution.

How high could Ethereum Classic go by 2025?

Maximum coin priceEthereum Classiccan achieve $55 in 2025. With the potential for a surge, the ETC price could even reach $158.75 by 2030.