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.
InvestorsObserver is giving Ethereum Classic a 24 Volatility Rank. Find out what this means to you and get the rest of the rankings on Ethereum Classic!
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.