Ethereum Classic (ETC) has been relatively less volatile when compared to other cryptocurrencies. So far Friday, the crypto has declined 4.48% to $16.9.
The Volatility Gauge follows meaning that one day won’t make or break its rank.
ETC’s low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.
Ethereum Classic price is trading near resistance. With support set at $16.13 and resistance set at $17.08. This leaves Ethereum Classic with potential selling pressures ahead as it may be getting over extended.