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ETH and ETC Price Analysis for October 1

Sat, 10/01/2022 - 14:22
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Denys Serhiichuk
How big are chances to see rise of Ethereum (ETH) and Ethereum Classic (ETC)?
ETH and ETC Price Analysis for October 1
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The weekend has started with continued bulls' dominance. However, there are some exceptions. Mainly, the rate of Solana (SOL) has dropped by 2.68%.

Top 10 coins by CoinMarketCap


The rate of Ethereum (ETH) has increased by 0.40% over the last 24 hours.

ETH/USD chart by TradingView

On the daily chart, Ethereum (ETH) is still trading in the wide channel with no bearish or bullish signals. The volatility has declined, which means that the main altcoin keeps accumulating power for a further sharp move.

BTC, ETH and ETC Price Analysis for September 29

Further growth might only be possible if the rate returns to the $1,400 zone.

Ethereum is trading at $1,327 at press time.


The rate of Ethereum Classic has also risen, going up by 0.78% since yesterday.

ETC/USD chart by TradingView

Ethereum Classic (ETC) is looking worse than Ethereum (ETH) as the price is returning to the support level at $27. In this case, the more likely scenario is a sharp drop to the $26 area by mid-October.

Ethereum Classic is trading at $27.72 at press time.

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About the author

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at