• Ethereum Classic Price Prediction for Today, January 4: ETC/USD Trades Near $20 Resistance
• Ethereum Classic Price Prediction Statistics Data: Ethereum Classic price now – $18.19, Ethereum Classic market cap – $2.5 billion, Ethereum Classic circulating supply – 138.7 million
• Ethereum Classic Price Prediction: Would ETC Price Move Above $20?
The Ethereum Classic price prediction for January 4 reveals that ETC/USD is currently trading near the $20 resistance level. Ethereum Classic (ETC) is hovering above $18, preparing to gain more bullish signals. The price of the coin is changing hands at the $18.19 level, with the bulls making an effort to push the price past the $20 resistance.
At the moment, ETC is likely to cross above the upper boundary of the channel. However, the $15 remains to be a key support zone and if it is broken, the sell-off may be extended toward the $14 support level. The Ethereum Classic market cap currently stands at $2.5 billion, with a circulating supply of 138.7 million and a total supply of 210 million.
The Ethereum Classic price prediction shows that the coin needs to pull above the $20 resistance level quickly to deny the bears to enter the market. If the bulls are able to break the $20 resistance, the next target is likely to be the $25, $27, and $29 resistance levels. On the contrary, if the sellers take control of the market, the immediate support levels to watch are $13, $11, and $9.
Whilst the Ethereum Classic price prediction remains bullish, investors should remain cautious as the crypto market remains volatile. With the bulls pushing the price of ETC above the $20 resistance level, it could provide a great opportunity for investors to enter the market. However, investors should ensure to do their own research before making any investment decisions.