Ethereum Classic (ETC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the crypto has declined 3.5% to $32.83.
InvestorsObserver is giving Ethereum Classic a 36 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 36, placing it in the bottom 36% 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 paired 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 set at $31.96 and resistance near $33.15. This leaves Ethereum Classic with room to run before facing selling pressures.
