Ethereum Classic (ETC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the crypto has gained 5.85% to $38.63.
Moderately VolatileInvestorsObserver gives Ethereum Classic a moderate volatility rank of 48, placing it in the bottom 48% of cryptos on the market.
The Volatility Gauge takes into account this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. ETC's moderate volatility reading comes 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 above resistance. With support set at $35.44 and resistance at $37.86. This leaves Ethereum Classic out of range and potentially in a volatile position if the rally burns out.