Litecoin (LTC) has been relatively less volatile compared to the crypto market. So far Tuesday, the Digital Money has fallen 0.51% to $70.45.
InvestorsObserver is giving Litecoin a 19 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin!
Low Volatility
InvestorsObserver gives Litecoin a low volatility rank of 19, placing it in the bottom 19% of cryptos on the market.The Volatility Gauge follows meaning that one day won't make or break its rank. LTC'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.
Litecoin price is well positioned going forward. With support around $69.89 and resistance set at $70.98. This leaves Litecoin with room to run before facing selling pressures.