Ethereum Classic (ETC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the crypto has added 7.54% to $34.6.
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 analyzes meaning that one day won't make or break its rank. 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 $31.43 and resistance near $32.87. This leaves Ethereum Classic out of range and potentially in a volatile position if the rally burns out.