Ethereum Classic (ETC) is currently trading at $18.95, down 3.27% against the US Dollar and underperforming the cryptocurrency market, which saw a total decrease of 1.89% in the last 24 hours. ETC also recorded a 2.97% loss against Bitcoin. Despite a positive trend in the last 30 days, with ETC gaining 29.13%, the long-term picture remains negative, as ETC is down 4.77% since one year ago.

According to our Ethereum Classic price prediction, ETC is expected to reach a price of $21.08 by Nov 23, 2023, representing an 8.72% increase in the next five days. However, the current market sentiment is bearish, with 57% of indicators favoring a negative prediction. The Fear & Greed index is at 69 (Greed), signaling that investors have a positive outlook on the market but could also indicate overvaluation.

ETC is trading below both the 50-day Simple Moving Average (SMA 50) and the 200-day Simple Moving Average (SMA 200), which are bearish signals. It is crucial to monitor the ETC market sentiment, key support and resistance levels, and other metrics moving forward. However, the cryptocurrency markets are unpredictable, and even the largest crypto assets display significant price volatility.