Ethereum Classic (ETC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the crypto has gained 0.51% to $32.37.
InvestorsObserver is giving Ethereum Classic a 54 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 54, placing it in the top 46% of cryptos on the market.The Volatility Gauge tracks 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 pairs 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 in a favorable position going forward. With support at $31.98 and resistance around $32.54. This positions Ethereum Classic with room to run before facing selling pressures.