Ethereum Classic (ETC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the crypto has fallen 4.01% to $19.37.
InvestorsObserver is giving Ethereum Classic a 30 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 30, placing it in the bottom 30% of cryptos on the market.The Volatility Gauge follows this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. ETC's moderate volatility reading is coupled 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 near resistance. With support at $18.91 and resistance near $19.4. This positions Ethereum Classic with potential selling pressures ahead as it may be getting over extended.