Ethereum Classic (ETC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the crypto has increased 3.35% to $23.16.
InvestorsObserver is giving Ethereum Classic a 34 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 34, placing it in the bottom 34% 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 is paired 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 around $21.73 and resistance set at $23.55. This positions Ethereum Classic with potential selling pressures ahead as it may be getting over extended.