Ethereum Classic (ETC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the crypto has increased 1.15% to $50.15.
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 takes into account which means that one day won't define its volatility rank - a trend will. 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 well positioned going forward. With support at $48.42 and resistance at $51.06. This leaves Ethereum Classic with room to run before facing selling pressures.