Ethereum Classic (ETC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the crypto has dropped 2.06% to $19.11.
Moderately Volatile
InvestorsObserver gives Ethereum Classic a moderate volatility rank of 29, placing it in the bottom 29% of cryptos on the market.The Volatility Gauge tracks meaning that one day won't make or break its rank. 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 set at $18.71 and resistance at $19.36. This leaves Ethereum Classic with room to run before facing selling pressures.