Ethereum Classic Price Prediction

ETC Crypto  USD 32.50  0.42  1.28%   
The RSI of Ethereum Classic's the crypto coin price is about 64 suggesting that the crypto coin is rather overbought by investors at the present time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Ethereum, making its price go up or down.

Oversold Vs Overbought

64

 
Oversold
 
Overbought
The successful prediction of Ethereum Classic's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Ethereum Classic, which may create opportunities for some arbitrage if properly timed.
Using Ethereum Classic hype-based prediction, you can estimate the value of Ethereum Classic from the perspective of Ethereum Classic response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Ethereum Classic to buy its crypto coin at a price that has no basis in reality. In that case, they are not buying Ethereum because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell crypto coins at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Ethereum Classic after-hype prediction price

    
  .CC 32.5  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as crypto price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Ethereum Classic Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
22.0326.3335.75
Details
Naive
Forecast
LowNextHigh
30.4134.7239.02
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
19.0726.3633.66
Details

Ethereum Classic After-Hype Price Prediction Density Analysis

As far as predicting the price of Ethereum Classic at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Ethereum Classic or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Crypto Coin prices, such as prices of Ethereum Classic, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Ethereum Classic Estimiated After-Hype Price Volatility

In the context of predicting Ethereum Classic's crypto coin value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Ethereum Classic's historical news coverage. Ethereum Classic's after-hype downside and upside margins for the prediction period are 28.20 and 36.80, respectively. We have considered Ethereum Classic's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
32.50
32.50
After-hype Price
36.80
Upside
Ethereum Classic is very risky at this time. Analysis and calculation of next after-hype price of Ethereum Classic is based on 3 months time horizon.

Ethereum Classic Crypto Coin Price Prediction Analysis

Have you ever been surprised when a price of a Cryptocurrency such as Ethereum Classic is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ethereum Classic backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Crypto price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Ethereum Classic, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.98 
4.30
 0.00  
  110.99 
0 Events / Month
0 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
32.50
32.50
0.00 
0.00  
Notes

Ethereum Classic Hype Timeline

Ethereum Classic is currently traded for 32.50. This cryptocurrency is not elastic to its hype. The average crypto elasticity to the hype of similar coins is -110.99. Ethereum is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.98%. %. The volatility of related hype on Ethereum Classic is about 3.8%, with the expected price after the next announcement by competition of -78.49. Assuming the 90 days trading horizon the next forecasted press release will be in a few days.
Check out Ethereum Classic Basic Forecasting Models to cross-verify your projections.

Ethereum Classic Related Hype Analysis

Having access to credible news sources related to Ethereum Classic's direct competition is more important than ever and may enhance your ability to predict Ethereum Classic's future price movements. Getting to know how Ethereum Classic's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Ethereum Classic may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
BTCBitcoin(1,246)1 per month 1.89  0.18  6.41 (3.50) 20.76 
DOGEDogecoin 0.02 1 per month 4.09  0.22  10.00 (9.09) 82.73 
BCHBitcoin Cash 0.00 0 per month 2.87  0.15  10.06 (4.39) 19.85 
LTCLitecoin 0.00 0 per month 3.44  0.14  8.10 (6.54) 23.16 
ARArweave 0.00 0 per month 0.00 (0.03) 10.89 (7.86) 24.09 
BSVBitcoin SV 0.00 0 per month 3.15  0.14  10.18 (4.22) 28.37 
CFXConflux Network 0.00 0 per month 4.17  0.08  12.50 (7.14) 25.83 
ZECZCash 0.00 0 per month 4.05  0.13  11.43 (8.11) 24.76 
CKBNervos Network 0.00 0 per month 4.06  0.12  9.92 (5.84) 68.11 
MIOTAIOTA 0.00 1 per month 3.45  0.14  9.52 (7.69) 31.67 
BTGBitcoin Gold 0.00 0 per month 3.81  0.1  9.54 (7.21) 24.33 

Ethereum Classic Additional Predictive Modules

Most predictive techniques to examine Ethereum price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Ethereum using various technical indicators. When you analyze Ethereum charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
The successful prediction of Ethereum Classic price could yield a significant profit to cryptocurrency investors. Theoretically, the cryptocurrency market should be highly efficient, with prices reflecting the accessible real-world information almost immediately. The crypto trading ecosystem has experienced unprecedented growth over the last few years and continues accelerating irrespective of its volatilities and bubbles. In general, Ethereum Classic and other cryptocurrencies react quickly to the market and adjust based on demand and supply. This implies that the cryptocurrency market is highly efficient, with prices reflecting the accessible real-world information almost immediately. We use internally-developed statistical techniques to arrive at the intrinsic value of Ethereum Classic based on Ethereum Classic hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Ethereum Classic's market risk using different technical indicators and then compare them to Ethereum Classic's related cryptocurrency tokens.

Story Coverage note for Ethereum Classic

The number of cover stories for Ethereum Classic depends on current market conditions and Ethereum Classic's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Ethereum Classic is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Ethereum Classic's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
When determining whether Ethereum Classic offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ethereum Classic's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ethereum Classic Crypto.
Check out Ethereum Classic Basic Forecasting Models to cross-verify your projections.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Please note, there is a significant difference between Ethereum Classic's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Ethereum Classic value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, Ethereum Classic's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.