Litecoin (LTC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the Digital Money has declined 3.15% to $87.78.
InvestorsObserver is giving Litecoin a 27 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin!
Moderately VolatileInvestorsObserver gives Litecoin a moderate volatility rank of 27, placing it in the bottom 27% of cryptos on the market.
The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. LTC'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.
Litecoin price is well positioned going forward. With support set at $83.78 and resistance at $89.79. This leaves Litecoin with room to run before facing selling pressures.