Ethereum Classic (ETC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the crypto has lost 3.04% to $47.71.
Moderately VolatileInvestorsObserver gives Ethereum Classic a moderate volatility rank of 33, placing it in the bottom 33% of cryptos on the market.
The Volatility Gauge takes into account meaning that one day won't make or break its rank. 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 well positioned going forward. With support at $44.6 and resistance around $48.9. This leaves Ethereum Classic with room to run before facing selling pressures.