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Price Analysis: Ethereum Classic (ETC) Down More Than 3% Within 24 Hours

Price Analysis: Ethereum Classic (ETC) Down More Than 3% Within 24 Hours

Over the past 24 hours, the price of Ethereum Classic (ETC) has fallen 3.08% to $25.89. 

ETC Price Chart | Source: Coinstats

 

This is opposite to its positive trend over the past week where Ethereum Classic (ETC) has experienced a 21.0% gain, moving from $21.47 to its current price.

The chart below compares the price movement and volatility for Ethereum Classic over the past 24 hours (left) to its price movement over the past week (right). 

ETC Price and Volatility

 

The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. 

See Also: Price Analysis: Stacks (STX) Decreases More Than 3% Within 24 Hours

The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has tumbled 35.0% over the past week while the circulating supply of the coin has risen 0.26%. 

ETC Circulating Supply and Trading Volume

 

This brings the circulating supply to 143.20 million, which makes up an estimated 67.96% of its max supply of 210.70 million. 

According to our data, the current market cap ranking for ETC is #25 at $3.70 billion.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.