Ethereum Classic (ETC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the crypto has dropped 3.74% to $28.13.
InvestorsObserver is giving Ethereum Classic a 37 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 37, placing it in the bottom 37% of cryptos on the market.The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. 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 favorably positioned going forward. With support around $26.85 and resistance near $29.37. This positions Ethereum Classic with room to run before facing selling pressures.