Ethereum Classic Price Prediction: Gives Back Gains at $37, Merge Still Value Supportive

CryptonewsPublicado a 2022-09-08Actualizado a 2022-09-08

Resumen

Ethereum Classic Price Prediction: Gives Back Gains at $37, Merge Still Value Supportive
Ethereum Classic (ETC), Ethereum (ETH), and Lido Finance (Lido) are just some of the cryptocurrencies that have taken significant losses in the last couple of days due to their association with the merger. However, Ethereum Classic is making a bullish reversal of 9.36% in 24 hours.
Previously, Ethereum Classic has plunged by 13% as all eyes have been on ETC and the other Ethereum alternatives as the crypto community near The Merge. After the Merge is finalized, Hoskinson and Buterin have discussed the best course of action for Ethereum miners.
Cardano founder Charles Hoskinson has recommended that miners switch to Ergo, and on September 6, Hoskinson sent out a tweet encouraging Ethereum miners to move to Ergo over ETC.
Among the top 20 cryptocurrencies, Ethereum Classic, a hard split of Ethereum carried out after the 2016 DAO breach, caused a massive drop of more than 13% in just 24 hours; however, the bears jumped in immediately to capture an oversold altcoin.
Ethereum Merge: What You Should Know
The Ethereum network has been using proof-of-stake (PoS), a new approach (or "consensus mechanism") for verifying crypto transactions. Proof-of-work (PoW) is a more energy-intensive process pioneered by Bitcoin; however, it will be replaced by the new system. The whole process is known as Ethereum Merge.
The Ethereum Merge, which will transition the network from the Proof-of-Work (PoW) consensus model to the Proof-of-Stake (PoS) model, is scheduled to take place in the middle of September, as most cryptocurrency users are aware.
We are now just a few days away from this much-anticipated event, the planning for which has spanned years. But, as seen in the word cloud for Ethereum news on IntoTheBlock, the Merge has been one of the most talked about events outside of hacks and token collapses this year and has been ubiquitous throughout the previous week.
Ethereum Classic Price Update and Tokenomics
At the time of writing, the current price of Ethereum Classic is $37.25, with a 24-hour trading volume of $1.8 billion. In the last 24 hours, Ethereum Classic has gained 9.69%. CoinMarketCap now ranks #17, with a live market cap of $5 billion. There are 136,757,414 ETC coins in circulation, with a maximum supply of 210,700,000.
Ethereum Classic Price Prediction: 78.6% Fibo Triggers a Bounce-off
The ETC/USD pair has made a bullish reversal above the $33.90 support level in the 4-hour timeframe. This level was extended by a 78.6% Fibonacci retracement, encouraging bulls to seize control of the oversold altcoin.

Ethereum Classic Price Chart - Source: TradingviewETC consolidates in a narrow trading range of $36.75 to $38 after completing a 38.2% Fibonacci correction. ETC formed a Doji and a spinning top candlestick pattern, followed by a solid bullish rally. Typically, such a pattern indicates a trend weakness, as investors appear to be waiting for a compelling reason to enter the market.
On the upside, a surge in ETC demand could cut through the $36 resistance and open up additional buying opportunities until $39.35 or 41.85 resistance levels. Simultaneously, support remains at $36.75, $35.42, and $33.95.

Lecturas Relacionadas

Ethereum Foundation Key Researcher Josh Stark Departs After Five Years

Ethereum Foundation key researcher and project manager Josh Stark has announced his departure after five years. In a public statement, Stark reflected on the ecosystem's significant achievements, such as overcoming doubts to successfully launch Ethereum, decentralized finance (DeFi), and Proof of Stake. He did not specify his reasons for leaving or future plans, stating he intends to spend time with loved ones. His exit is the latest in a series of high-profile departures, following contributor Trent Van Epps' resignation just a day prior. This comes during a period of increased community scrutiny over Ethereum's long-term direction, which previously prompted co-founder Vitalik Buterin to propose major reforms for the Foundation in early 2025. Buterin's outlined goals included recruiting new blood, improving decentralization, and enhancing protocol throughput, while avoiding lobbying or ideological disputes.

TheNewsCryptoHace 5 min(s)

Ethereum Foundation Key Researcher Josh Stark Departs After Five Years

TheNewsCryptoHace 5 min(s)

OpenAI Completely Overhauls Codex, Grows Its Own Mouse, Schedules Itself to Outwork Humans

OpenAI has fundamentally transformed Codex from a coding assistant into a versatile AI agent capable of autonomous computer control. The updated Codex can now operate in the background with its own independent cursor, allowing it to run applications like Xcode, test software, and fix bugs without interrupting the user’s workflow. It features a built-in browser for real-time visual editing of web pages, enabling developers to make changes through direct UI interactions. The release also introduces over 90 plugins for tools like JIRA, CircleCI, and SharePoint, integrating end-to-end development and productivity workflows. A new "heartbeat" feature allows Codex to self-schedule tasks, maintain context across sessions, and work autonomously over extended periods. Additional enhancements include memory capabilities, support for handling GitHub code reviews, multi-tab terminals, and built-in file generation for Excel, PDF, and PowerPoint. Currently, advanced computer control is available on macOS (excluding EU/UK users), with Windows support limited to data retrieval. This expansion positions Codex as a foundational step toward OpenAI’s planned "super-app," combining coding, automation, and multi-tool integration into a single platform.

marsbitHace 26 min(s)

OpenAI Completely Overhauls Codex, Grows Its Own Mouse, Schedules Itself to Outwork Humans

marsbitHace 26 min(s)

Bitcoin Recovery Fails To Lift Market Sentiment From Extreme Fear

Despite Bitcoin's recent recovery to around $74,800, the overall market sentiment remains in "extreme fear," according to the Crypto Fear & Greed Index. The index, which measures investor sentiment based on factors like volatility, social media, and trading volume, is at a value of 23, just inside the extreme fear zone. This marks a continued period of bearish sentiment since late 2025. Although Bitcoin's rally provided a brief uplift in mid-March, the current price movement has not been enough to shift market psychology into a more positive or greedy territory. For sentiment to improve, a sustained bullish momentum may be required.

bitcoinistHace 45 min(s)

Bitcoin Recovery Fails To Lift Market Sentiment From Extreme Fear

bitcoinistHace 45 min(s)

World Models Shift from Prediction to Planning: HWM and the Challenge of Long-Horizon Control

World models have evolved from focusing on representation learning and future prediction to addressing long-horizon planning challenges. While models like V-JEPA 2 demonstrate strong predictive capabilities using large-scale video pre-training, they struggle with multi-stage control tasks due to error accumulation and exponential growth in action search space. HWM (Hierarchical World Model) introduces a two-level planning structure: a high-level planner outlines coarse subgoals over longer time horizons, while a low-level executor handles short-term actions. This decomposition reduces planning complexity and error propagation. In experiments, HWM achieved 70% success in real-world robotic tasks where flat models failed entirely. Complementary efforts include V-JEPA (focused on representation), HWM (on hierarchical planning), and WAV (World Action Verifier, on self-correction). Together, they mark a shift from pure world modeling to integrated systems capable of prediction, planning, and verification—key to deploying world models in real-world agents and long-term tasks.

marsbitHace 1 hora(s)

World Models Shift from Prediction to Planning: HWM and the Challenge of Long-Horizon Control

marsbitHace 1 hora(s)

BIT Research: Five Signals Flash Simultaneously, Has the Bitcoin Bear Market Ended?

According to a BIT research report, multiple independent technical indicators are signaling that the Bitcoin bear market, which began in October 2025, may be nearing its end or has already concluded. Unlike the prolonged 2022 bear market, the current cycle shows structural changes due to the introduction of spot Bitcoin ETFs and reduced regulatory uncertainty, limiting excessive downside volatility. Key technical signals include: the weekly stochastic oscillator rising above 20 (historically a bottoming signal), price approaching the critical 21-week moving average (~$77,592), and the monthly RSI potentially moving above its average. Additionally, Bitcoin is testing the key resistance zone of $66,000–$73,000. A decisive break above $73,084 (the March 2024 high) would confirm a trend reversal. The convergence of these five signals—rather than any single indicator—increases confidence that the market is transitioning from a downtrend to a bottoming phase. The focus now shifts to whether price can sustain a breakout, potentially targeting $88,000 or higher, with $64,972 acting as crucial support. The report emphasizes that while trends are improving, investors should remain cautious and consult professionals, as digital asset trading carries significant risk.

marsbitHace 1 hora(s)

BIT Research: Five Signals Flash Simultaneously, Has the Bitcoin Bear Market Ended?

marsbitHace 1 hora(s)

Trading

Spot

Futuros

Artículos destacados

Cómo comprar ETC

¡Bienvenido a HTX.com! Hemos hecho que comprar Ethereum Classic (ETC) sea simple y conveniente. Sigue nuestra guía paso a paso para iniciar tu viaje de criptos.Paso 1: crea tu cuenta HTXUtiliza tu correo electrónico o número de teléfono para registrarte y obtener una cuenta gratuita en HTX. Experimenta un proceso de registro sin complicaciones y desbloquea todas las funciones.Obtener mi cuentaPaso 2: ve a Comprar cripto y elige tu método de pagoTarjeta de crédito/débito: usa tu Visa o Mastercard para comprar Ethereum Classic (ETC) al instante.Saldo: utiliza fondos del saldo de tu cuenta HTX para tradear sin problemas.Terceros: hemos agregado métodos de pago populares como Google Pay y Apple Pay para mejorar la comodidad.P2P: tradear directamente con otros usuarios en HTX.Over-the-Counter (OTC): ofrecemos servicios personalizados y tipos de cambio competitivos para los traders.Paso 3: guarda tu Ethereum Classic (ETC)Después de comprar tu Ethereum Classic (ETC), guárdalo en tu cuenta HTX. Alternativamente, puedes enviarlo a otro lugar mediante transferencia blockchain o utilizarlo para tradear otras criptomonedas.Paso 4: tradear Ethereum Classic (ETC)Tradear fácilmente con Ethereum Classic (ETC) en HTX's mercado spot. Simplemente accede a tu cuenta, selecciona tu par de trading, ejecuta tus trades y monitorea en tiempo real. Ofrecemos una experiencia fácil de usar tanto para principiantes como para traders experimentados.

154 Vistas totalesPublicado en 2024.12.10Actualizado en 2025.03.21

Discusiones

Bienvenido a la comunidad de HTX. Aquí puedes mantenerte informado sobre los últimos desarrollos de la plataforma y acceder a análisis profesionales del mercado. A continuación se presentan las opiniones de los usuarios sobre el precio de ETC (ETC).