Ethereum Classic (ETC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the crypto has gained 7.87% to $16.3.
InvestorsObserver is giving Ethereum Classic a 35 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 35, placing it in the bottom 35% of cryptos on the market.The Volatility Gauge follows meaning that one day won't make or break its rank. 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 above resistance. With support around $13.77 and resistance set at $15.98. This positions Ethereum Classic out of range and potentially in a volatile position if the rally burns out.