$ETC

Here’s a concise analysis of Ethereum Classic (ETC) as of today, August 20, 2025:

📉 Price Action & Performance

· Current Price: ~$20.83, down ~2% in 24 hours .

· Weekly Performance: Down ~12% .

· Key Levels: Support near $20.50**; resistance at **$21.50 .

📊 Technical Outlook

· Indicators: Neutral short-term signals but bearish monthly trend (e.g., "Sell" rating for 1-month outlook) .

· Volatility: Low (~2.2%), suggesting subdued momentum .

🏛️ Market Sentiment & Drivers

· Weakness vs. Ethereum: ETC struggles with slower adoption and scalability issues compared to ETH .

· Security Concerns: Past 51% attacks (2020) continue to affect investor confidence .

· Supply Cap: Fixed max supply of 210.7M ETC, potentially supporting long-term value .

🔮 Prediction & Outlook

· Short-Term: Potential drop to $17–$19 if bearish momentum continues .

· Long-Term: Optimistic projections target $55+ by 2030 , though reliant on ecosystem growth.

💡 In Summary

ETC faces near-term pressure due to negative sentiment and technical weakness. Its long-term value hinges on network security improvements and adoption of its "code is law" ethos . Traders should monitor $20.50 support for downside risks.