Ethereum Classic (ETC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the crypto has fallen 2.32% to $16.18.
Moderately VolatileInvestorsObserver gives Ethereum Classic a moderate volatility rank of 36, placing it in the bottom 36% of cryptos on the market.
The Volatility Gauge follows 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 in a favorable position going forward. With support near $15.55 and resistance at $16.43. This positions Ethereum Classic with room to run before facing selling pressures.