Ethereum Classic (ETC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the crypto has increased 0.94% to $18.46.
InvestorsObserver is giving Ethereum Classic a 25 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 25, placing it in the bottom 25% 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 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 near $18.12 and resistance near $18.4. This leaves Ethereum Classic out of range and potentially in a volatile position if the rally burns out.