Ethereum Classic (ETC) Falls 0.01%, Underperforms the Crypto Market Saturday

Ethereum Classic (ETC) has been relatively less volatile than the crypto market according to a recent market analysis. So far on Saturday, the crypto is down 0.89% to $30.58.

Investors Ethereum Classic gives a volatility rating of 11. Find out what this means for you and get the rest of the ratings in Ethereum Classic!

low volatility

Investors It gives Ethereum Classic a low volatility rating of 11, which puts it in the lowest 11% of the cryptocurrencies in the market.

This volatility meter keeps track of which score is specific to recent trends, not a bad day. The low volatility reading for ETC comes with a low risk/reward scale reading, which means that the coin has relatively tight price swings and is well protected from price gouging.

The price of Ethereum Classic is positioned positively in the future. With support at $29.28 and resistance at $31.53. This leaves Ethereum Classic with room to run before facing selling pressure.

What is the currency?

A coin is a cryptocurrency that is on its own blockchain. These are commonly used for payments. Depending on the cryptocurrency, the use of these payments may vary from general use in the digital money sub-category to more specific uses in some other sub-category.