fter yesterday’s negative trading pressure, most cryptocurrency markets are showing some positive momentum as of right now. The Ethereum Classic price shows a lot of upward momentum as of right now, thanks to a solid 17.7% gain in the past 24 hours. Whether or not this means the Ethereum Classic price will surpass $40 or higher later today, remains a big question, though.
To put this into perspective, the Ethereum Classic price has risen by 17.7% in the past 24 hours. That in itself is a rather significant gain for any cryptocurrency, let alone an altcoin. This massive increase puts the Ethereum Classic price back above $38.4, and it is likely we will see it hit $40 in the coming hours. Reaching a new all-time high is not out of the question either, although the Ethereum Classic price will need to push past $45.51 to make that happen.
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