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

CryptonewsPubblicato 2022-09-08Pubblicato ultima volta 2022-09-08

Introduzione

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.

Letture associate

Breaking the RWA Value Monopoly: Zoomex Launches SpaceX Token Airdrop Carnival, Sharing a $300,000 Reward Pool

Leading digital asset trading platform Zoomex has launched the SpaceX Token, a real-world asset (RWA) token offering exposure to the high-value private company SpaceX. Valued at $1.25 trillion, SpaceX represents a landmark in private asset tokenization and pre-IPO liquidity. To celebrate, Zoomex is hosting an airdrop carnival with a $300,000 reward pool. The event features two tracks: a $60,000 pool for retail users completing simple tasks like deposits or trading, and a $240,000 pool for VIP users with tiered rewards. Zoomex emphasizes fairness, security, and compliance, using anti-abuse systems and operating within licensed frameworks. The initiative aims to democratize access to elite tech investments and simplify trading for users worldwide.

TheNewsCrypto1 h fa

Breaking the RWA Value Monopoly: Zoomex Launches SpaceX Token Airdrop Carnival, Sharing a $300,000 Reward Pool

TheNewsCrypto1 h fa

Bitcoin Trading Strategy Breakdown: Celebrity Predictions and Classic Models All Fail, Only These Four Indicators Remain

Analysis of Bitcoin Trading Strategies: Why Celebrity Forecasts and Classic Models Fail, Leaving Only These Four Reliable Indicators This analysis examines the failure of common Bitcoin prediction methods and identifies four reliable indicators for constructing a trading strategy. The author reviewed all major BTC prediction approaches from 2017-2025, categorizing them into three groups: celebrity price targets (consistently over-optimistic), analytical models like Stock-to-Flow (broken post-2022), and on-chain signals. The key finding is that more data often creates confusion, not clarity. The strategy discards unreliable elements: celebrity predictions (incentivized to be extreme), pure models (invalidated by post-ETF market changes), and the Fear & Greed Index used alone (too many false signals). Four reliable indicators were selected: 1. **MVRV Z-Score:** Accurately identifies cycle bottoms when entering its green zone (e.g., 2018, 2020, 2022). Note: Its ability to call tops is now ineffective post-2024. 2. **SOPR (28-day MA):** Consistently signals bottoms when below 1.0, indicating holders are selling at a loss. 3. **ETF Net Flow:** A crucial post-2024 metric showing institutional momentum (e.g., sustained inflows = buying). 4. **Macro Liquidity (Fed policy & M2):** Sets the overall directional bias (e.g., bullish during easing cycles). The core strategy involves waiting for a multi-signal共振 (resonance). For example, a bottom signal requires MVRV in the green zone + SOPR < 1.0. A top signal requires overheated on-chain data + sustained ETF outflows. Macro policy sets the overall direction. The Fear & Greed Index is only used as a weighted confirmatory signal, never alone. Action is only taken when three or more indicators align. The author automated this into a monitoring system that sends Telegram alerts only when signals trigger. As of the article's date (April 15, 2026), the system showed a strong bottom signal: extreme fear (F&G=12), MVRV in the buy zone, and SOPR < 1.0. The only contrary signal was weak ETF flows. Historically, such triple on-chain共振 has preceded 100%+ returns. The conclusion emphasizes building a personal framework over relying on external predictions, allowing for iterative improvement and customization based on individual risk tolerance.

marsbit2 h fa

Bitcoin Trading Strategy Breakdown: Celebrity Predictions and Classic Models All Fail, Only These Four Indicators Remain

marsbit2 h fa

Netflix Founder Goes to His Most Feared Place

Netflix co-founder and chairman Reed Hastings is stepping down from the board after nearly 30 years with the company, despite Netflix posting its strongest-ever quarterly results with revenue up 16% and net profit surging 83% year-over-year. The move comes as Hastings deepens his involvement in AI governance, having joined the board of Anthropic last year through its Long-Term Benefit Trust, an independent body focused on aligning AI development with humanity’s long-term interests. Hastings, who studied AI in the 1980s, has shifted from optimism to caution regarding AI’s impact. He recently identified AI as the biggest threat to Netflix, fearing that AI-generated content could eventually make free platforms like YouTube so compelling that paid subscriptions become less attractive. His concerns are grounded in Netflix’s own history of disrupting traditional media through technology. While Netflix is actively integrating AI into production—including a recent $600 million acquisition of an AI-assisted filmmaking tools company—Hastings appears to be hedging against a future where AI fundamentally alters content creation and consumption. His departure marks a symbolic moment, reflecting both his personal pivot toward AI ethics and the broader existential questions facing the entertainment industry.

marsbit2 h fa

Netflix Founder Goes to His Most Feared Place

marsbit2 h fa

Cloudflare Unleashes a Barrage of Updates: Unified Inference Layer Integrates 70+ Models, Email Service Enables AI Agents to Send and Receive Emails

Cloudflare launched "Agents Week 2026," introducing over a dozen product updates aimed at positioning itself as a core infrastructure provider for the AI agent era. Key announcements include the unification of its AI Gateway and Workers AI into a single AI Platform, offering developers a unified API to access more than 70 models from over 12 providers—including OpenAI, Anthropic, Google, Alibaba Cloud, and ByteDance—with a single line of code for model switching, consolidated billing, and automatic failover. Additionally, Cloudflare Email Service entered public beta, enabling AI agents to natively send and receive emails, facilitating asynchronous task handling and communication. Other releases include an updated Agents SDK with persistent state support, general availability of Sandboxes, Git-compatible storage (Artifacts), AI Search primitives, and an experimental voice pipeline. Together, these updates provide a comprehensive stack for agent development, covering compute, inference, storage, communication, and security.

marsbit2 h fa

Cloudflare Unleashes a Barrage of Updates: Unified Inference Layer Integrates 70+ Models, Email Service Enables AI Agents to Send and Receive Emails

marsbit2 h fa

Little Pepe ($LILPEPE) vs Ethereum-Based Meme Coins: A Smart Investment Choice?

The meme coin market in 2025 is shifting from hype-driven assets to those offering utility. While established Ethereum-based coins like SHIB, PEPE, and FLOKI remain popular, they face limitations like high fees and scalability issues. Little Pepe ($LILPEPE) differentiates itself as a Layer 2 EVM-compatible chain built for speed, security, and cost-efficiency. It offers zero-tax trading, staking, and NFT integration. Its presale has already raised over $28M, with early investors seeing 120%+ gains. Additional incentives include a $777K giveaway and a 15+ ETH mega giveaway to boost engagement. With plans for major exchange listings and a target $1B market cap, Little Pepe aims to combine meme culture with real utility, positioning itself as a strong contender in the evolving meme coin landscape.

TheNewsCrypto2 h fa

Little Pepe ($LILPEPE) vs Ethereum-Based Meme Coins: A Smart Investment Choice?

TheNewsCrypto2 h fa

Trading

Spot

Futures

Articoli Popolari

Come comprare ETC

Benvenuto in HTX.com! Abbiamo reso l'acquisto di Ethereum Classic (ETC) semplice e conveniente. Segui la nostra guida passo passo per intraprendere il tuo viaggio nel mondo delle criptovalute.Step 1: Crea il tuo Account HTXUsa la tua email o numero di telefono per registrarti il tuo account gratuito su HTX. Vivi un'esperienza facile e sblocca tutte le funzionalità,Crea il mio accountStep 2: Vai in Acquista crypto e seleziona il tuo metodo di pagamentoCarta di credito/debito: utilizza la tua Visa o Mastercard per acquistare immediatamente Ethereum ClassicETC.Bilancio: Usa i fondi dal bilancio del tuo account HTX per fare trading senza problemi.Terze parti: abbiamo aggiunto metodi di pagamento molto utilizzati come Google Pay e Apple Pay per maggiore comodità.P2P: Fai trading direttamente con altri utenti HTX.Over-the-Counter (OTC): Offriamo servizi su misura e tassi di cambio competitivi per i trader.Step 3: Conserva Ethereum Classic (ETC)Dopo aver acquistato Ethereum Classic (ETC), conserva nel tuo account HTX. In alternativa, puoi inviare tramite trasferimento blockchain o scambiare per altre criptovalute.Step 4: Scambia Ethereum Classic (ETC)Scambia facilmente Ethereum Classic (ETC) nel mercato spot di HTX. Accedi al tuo account, seleziona la tua coppia di trading, esegui le tue operazioni e monitora in tempo reale. Offriamo un'esperienza user-friendly sia per chi ha appena iniziato che per i trader più esperti.

123 Totale visualizzazioniPubblicato il 2024.12.10Aggiornato il 2025.03.21

Discussioni

Benvenuto nella Community HTX. Qui puoi rimanere informato sugli ultimi sviluppi della piattaforma e accedere ad approfondimenti esperti sul mercato. Le opinioni degli utenti sul prezzo di ETC ETC sono presentate come di seguito.