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Ethereum Classic Price Prediction: Analysts Forecast Powerful Rally Targeting $120

Ethereum Classic Price Prediction: Analysts Forecast Powerful Rally Targeting $120

Author:
Tronweekly
Published:
2025-12-16 12:00:00
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Ethereum Classic Price Prediction: Analysts Eye Powerful Rally Toward $120

Ethereum Classic isn't just surviving—it's gearing up for a run that could redefine its position on the charts. Market watchers are pointing to a significant technical setup, suggesting the dormant asset might be the next to wake up with a roar.

The Path to Triple Digits

Forget the sideways grind. The narrative shifting around ETC hinges on a clear breakout pattern. Analysts mapping the weekly charts see a consolidation phase that's primed to resolve upward, with the first major target sitting squarely at the $120 mark. That's not a hopeful guess; it's a level derived from measured moves and historical resistance flips.

Why the Confidence Now?

The catalyst isn't a single news headline but a confluence of on-chain metrics and derivatives activity. Open interest is creeping up, funding rates remain neutral—not euphoric—and large wallets are accumulating, not distributing. It's the quiet, smart-money accumulation that often precedes a public frenzy. Meanwhile, the broader altcoin complex is showing strength, creating a tide that could lift all boats, especially those with a proven history and a dedicated following.

The Trade Setup

Traders are eyeing a decisive close above a key multi-month resistance zone as the official starter's pistol. From there, the structure suggests a relatively clear runway with minimal overhead supply until the $120 area. Of course, in crypto, the only guarantee is volatility—a fact that keeps risk management more important than any analyst's scribblings on a chart. After all, a 'powerful rally' is just a 'catastrophic dump' that hasn't happened yet, a cynical reminder from the finance trenches.

So, watch the levels. If ETC can capture and hold this momentum, the journey toward triple digits could be the headline of the coming quarter.

Ethereum Classic Tests Key Weekly Support

Crypto analyst Jonathan Carter highlighted that Ethereum Classic is currently testing the lower boundary of a descending triangle formation on the weekly chart. This pattern is widely regarded as a consolidation structure that can precede significant price expansion once resolved. According to Carter, the present support zone remains intact, indicating that sellers have not yet forced a structural breakdown.

The analyst added that a sustained defense of this level could generate a strong rebound, with upside targets layered progressively at $18, $25, $40, $53, $78, and ultimately $120. While such projections depend on broader market sentiment and liquidity conditions, the technical setup suggests that downside risk may be limited if support continues to hold.

Market participants are closely monitoring weekly closes, as confirmation above key trend lines WOULD strengthen the bullish case. Conversely, a decisive move below support could invalidate the pattern and trigger renewed declines.

Source: X

Ethereum Classic Price Prediction 2025: Will ETC Hit $53.40?

ETC Price Prediction for 2025

According to DigitalCoinPrice, ETC briefly registered extreme weakness, marking its lowest point since early 2021. However, analysts cited by the platform believe the asset is positioned to recover and approach the $15.05 level by the end of the year.

Some market observers anticipate that ETC could challenge its previous all-time high of $176.16 over a longer horizon, although near-term expectations center on consolidation between $14.34 and $15.05. These forecasts reflect confidence in the network’s resilience, balanced against ongoing macroeconomic uncertainty and regulatory scrutiny affecting the digital asset sector.

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