Ethereum Classic (ETC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the crypto has dropped 3.19% to $26.15.
InvestorsObserver is giving Ethereum Classic a 45 Volatility Rank. Find out what this means to you and get the rest of the rankings on Ethereum Classic!
Moderately Volatile
InvestorsObserver gives Ethereum Classic a moderate volatility rank of 45, placing it in the bottom 45% of cryptos on the market.The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. ETC's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Ethereum Classic price is trading above resistance. With support set at $25.71 and resistance at $26.06. This positions Ethereum Classic out of range and potentially in a volatile position if the rally burns out.