Ethereum Classic (ETC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the crypto has gained 3.35% to $37.36.
InvestorsObserver is giving Ethereum Classic a 52 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 52, placing it in the top 48% of cryptos on the market.The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. 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 near resistance. With support set at $33.91 and resistance at $37.51. This positions Ethereum Classic with potential selling pressures ahead as it may be getting over extended.