Ethereum Classic (ETC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the crypto has increased 7.53% to $38.13.
InvestorsObserver is giving Ethereum Classic a 58 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 58, placing it in the top 42% of cryptos on the market.The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. ETC's moderate volatility reading is coupled 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 $33.96 and resistance set at $37.88. This positions Ethereum Classic out of range and potentially in a volatile position if the rally burns out.