Ethereum Classic is a Proof-of-Work (PoW) network whose governance token is ETC. It uses the same consensus mechanism as Bitcoin. However, ETC adds to the base technology to store and execute smart contracts.

The ETC network was initially released more than 10 years ago, on the 30th of July 2015, and remains the unaltered ledger of the mainline Ethereum blockchain. Its founders were Vitalik Buterin and Gavin Wood, who wrote the open-source software in the C++, Go, Python, Rust, and Scala languages. 

Following the hack incident that resulted in the theft of $50 million worth of Ether, the Ethereum blockchain separated from its mainline.

After the incident, the DAO split the network into two, where the altered history was named Ethereum [ETH] and the unaltered was referred to as Ethereum Classic [ETC].

ETC remains the largest PoW network with smart contract functionality. Arvicco, Dr. Avtar Sehra, and Igor Artamonov coordinated the early development as the founding team.

For instance, in October 2016, Avtar proposed one of the first major Ethereum Classic Improvement Proposals (ECIP), called ECIP-1011, to prevent replay attacks between ETH and ETC.

In terms of tokenomics, the maximum supply of ETC is at 210.7 million, which is equal to the total. The circulating supply is 156 million ETC, held by more than 39K users, as per CoinMarketCap data.

Its Total Value Locked (TVL) has been plummeting since a high of $1.34 million in December 2024 and now sits at around $131K, as per DefiLlama. Most of its chain activities have remained low, but the team continues to develop the blockchain to attract more users. 

The fork history of ETC has been clear since the start, despite challenges. The first was Frontier in July 2015, followed by Ice Age in September of the same year. In 2016, the community upgraded Homestead and Gas Reprice in March and September to combat spam attacks.

Die Hard, Gotham, Defuse Difficult Bomb, and Atlantis were done between 2017 and 2019. In 2020, the network saw the most upgrades, which included Agharta, Phoenix, Thanos, and Magneto. The latest ones have been Mystique and Spiral in February 2022 and February 2024, respectively.

The developer community typically uses the ECIP process to discuss and vet these upgrades before implementation. 

Since the breakaway, the network has faced two major 51% double-spend attacks. The first happened in January 2019, when it lost $1.1 million worth of ETC, while in August 2020, the network lost $5.6 million and $1.68 million held in centralized exchanges.

This situation puts the chain at risk of more attacks, bearing in mind its history since launch. Still, upgrades could settle this problem, as now the chain has survived more than five years without an attack. 

The attacks likely contribute to the relative institutional support for ETC. It has appeared in the Grayscale Trust but has yet to see an ETF filing with the US Securities and Exchange Commission (SEC).

However, it has institutional custody providers, including Coinbase Prime, Fireblocks, Fidelity Digital Assets, Copper’s ClearLoop, Anchorage Digital, and BitGo. 

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Overview

Market Cap
$1.10B
-1.2%
Volume (24H)
$28.26M
Volume (7D)
$285.59M
-3.9%
Max Supply
210,700,000 ETC
Circulating Supply
156,559,602 ETC
All-Time High
$167.09
-95.8%
All-Time Low
$0.615038
+1,042.4%
(above ATL)

Prediction Analysis

Current Price
$7.01
Sentiment
Bearish
50-Day SMA
$7.92
Price Prediction
$7.36
+5.00%
Fear & Greed Index
200-Day SMA
$9.32
Green Days
11 / last 30 (37.9%)
Volatility
2.82%
Moderate
14-Day RSI
38.61
Neutral

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Ethereum Classic Price Prediction

Current Price
$7.01
2031
$8.95
2036
$11.42
2041
$14.57
2046
$18.60

Results are based solely on your predicted price change. They are not indicators of future performance and do not take into account different performance scenarios, historical data, or the effect of fees or other charges.

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Short-Term Ethereum Classic Price Targets

Date Prediction Change
Jun 30, 2026 $7.06 +0.76%
Jul 01, 2026 $7.12 +1.53%
Jul 02, 2026 $7.17 +2.31%
Jul 03, 2026 $7.23 +3.09%
Jul 04, 2026 $7.28 +3.87%
Jul 05, 2026 $7.34 +4.67%
Jul 06, 2026 $7.39 +5.46%

The breakdown below the $15.41 level defined that the near-term outlook for ETC price action was bearish. The next price target was around $3.53, but a resurgence past the $15.41 level would shift the bearish structure. Such a move would render the current breakdown a fakeout, hence putting the $25 to $30 zone in sight. Should it surpass the $30 zone, ETC could potentially aim for $40, which, if flipped, would represent the altcoin's long-term price zone. Still, if the weak crypto market conditions continue, ETC may revisit its lowest price levels, which were below $0.58.

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Monthly Ethereum Classic Price Prediction

May 31, 2026
$8.17
Jun 29, 2026
$7.02
Highest in Jun
$8.21
Lowest in Jun
$6.50
Overall Performance
Falling

Long-Term Ethereum Classic Price Prediction

Month Price AVG Price Max Price Change
Jun $6.52 $6.76 $6.76 -6.99%
Jul $6.06 $6.29 $6.29 -13.55%
Aug $5.64 $5.85 $5.85 -19.54%
Sep $5.24 $5.44 $5.44 -25.25%
Oct $4.88 $5.06 $5.06 -30.39%
Nov $4.54 $4.71 $4.71 -35.24%
Dec $4.22 $4.38 $4.38 -39.80%
For the bigger picture, ETC's price action remains bullish, bearing the long-term outlook of cryptocurrencies. Since the altcoin started trading in July 2016, its peak value has been around $174, which could be a bigger target over the next five years or so. The true close, around $70, could be ideal within the next five years, but only if ETC manages to break past $40. While the price action has been mostly bearish, the small windows of bullish action have been robust, like the May 2021 massive buy candle. ETC has been trading inside a sideways range since July 2022, and the breakdown has set a deadly precedent. Conversely, the breakout could be a fake signal.
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Historical Price Performance

Year Highest Price Lowest Price
2026 (to date) $13 $7
2025 $29 $12
2024 $39 $17
2023 $24 $15
2022 $50 $14
2021 $136 $6
2020 $12 $4
2019 $10 $3
2018 $44 $3
2017 $43 $1
2016 $3 $1

Historically, fundamental and technical factors have driven the price action throughout its existence. Major upgrades in Ethereum have seen prices in ETC rally due to its strong correlation with ETH. However, with a history of 51% network attacks, ETC was susceptible to double spending and price crashes. In 2021, the Magneto hard fork resolved this issue when the altcoin produced a massive bull candle following the upgrade. Core-Geth client development, smart contract functionality, exchange listings, attraction to post-merge miners, and crypto market cycles continue to impact ETC price movement. The longest bullish period post the 2021 rally was between September 2023 and March 2024, when ETC closed green for seven straight months.

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Technical Analysis

The weekly price action chart for ETC broke below a descending triangle pattern at $15 and made a successful retest. The pattern formed immediately after the altcoin made its all-time high (ATH).

The breakdown was first attempted on the 10th of October; however, the price bounced back inside the triangle. The peak of this pattern was around $77, a level last seen in September 2021. 

Source: TradingView

The RSI reading of 27 was trading below the oversold zone, suggesting bear strength was at its peak since the start of February 2026.

Similarly, the MACD was red, suggesting the momentum of sellers was strong. However, there was an MACD crossover that hinted that a reversal could be building. 

As the price trades toward $3.27 and $0.5874, which were the lowest levels ETC ever got, the monthly chart is aligning with the outlook.

The altcoin has been trading downwards over the past seven months, with the Stochastic Momentum Index (SMI) at negative 73, showing it was oversold. 

Source: TradingView

These trends indicated that bears were controlling the bigger timeframe, too. Moreover, the Trend Strength Index (TSI) was nearing the maximum bear condition with a reading of negative 0.78. This places ETC in a bear setup, despite its long-term potential being bullish. 

Guides

How to Read Ethereum Classic Charts and Predict Price Movements?

Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of Ethereum Classic with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-term trends. 1-hour, 4-hour, and 1-day candlestick charts are among the most popular.

Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Ethereum Classic’s price action in 1-hour chunks. Each candlestick will display the asset’s opening price, closing price, as well as the highest and lowest prices reached within that period.

Ethereum Classic Price Prediction Indicators

Moving averages are among the most popular Ethereum Classic price prediction tools. As the name suggests, a moving average provides the average closing price over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average is calculated by summing the closing prices over the last 12 days and dividing the result by 12.

In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to recent prices, and therefore reacts more quickly to changes in market conditions.

What Affects the Price of Ethereum Classic?

Just like with any other asset, the price action of Ethereum Classic is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks, or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect market sentiment.

Technical indicators such as moving averages, RSI, and trading volume are also used by traders to anticipate price movements and identify potential trend reversals.

FAQs on Ethereum Classic Price Predictions

As of today, Ethereum Classic (ETC) is trading at $7.01. The current market sentiment is Bearish, with RSI at 38.61 (Neutral) and volatility classified as Moderate.
Based on our technical analysis and projected annual growth rate, Ethereum Classic could reach $7.36 by 2027. This estimate assumes continued market momentum and adoption trends.
According to our technical analysis indicators, the Ethereum Classic price prediction is forecasted to reach $8.95 within the next five years (by 2031). Over the last 30 days, Ethereum Classic recorded green days 38% of the time.
Based on multiple technical indicators, the current outlook for Ethereum Classic in 2026 is Bearish. RSI currently sits at 38.61, which indicates Neutral momentum. However, investors should evaluate both technical signals and fundamental developments before making any investment decisions.
Based on long-term projections and historical crypto market cycles, Ethereum Classic could reach $11.42 within the next decade (by 2036).
While Ethereum Classic's future value depends on various factors, technical indicators suggest it could experience both bullish and bearish cycles over time. Long-term investors typically monitor RSI levels, moving averages, and broader market sentiment when evaluating ETC's future trajectory.
Disclaimer

AMBCrypto's content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.