Ethereum Classic (ETC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the crypto has fallen 2.19% to $36.7.
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 takes into account 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 near resistance. With support at $35.49 and resistance at $37.1. This positions Ethereum Classic with potential selling pressures ahead as it may be getting over extended.