As of May 22, 2025, Ethereum Classic $ETH is trading at approximately $19.72, reflecting a modest daily gain of 0.77% . Despite this uptick, #ETH has experienced a 35% decline over the past year, indicating a bearish long-term trend . Technical indicators present a mixed outlook, with the 50-day and 200-day simple moving averages at $16.95 and $21.84, respectively, and a 14-day Relative Strength Index (RSI) of 60.51, suggesting a neutral market sentiment .
Looking ahead, some analysts predict that $ETH could reach $32.16 by late May, representing an 87% increase , while others offer a more conservative estimate of $22.10 over the next three months . Ethereum Classic continues to maintain its position as a leading proof-of-work smart contract platform, with its network hashrate surpassing 300 terahashes per second in 2025, indicating strong miner participation and enhanced network security . However, the broader altcoin market has lagged behind Bitcoin's recent surge, and $ETH
's future performance may depend on increased investor interest and favorable market conditions .