Litecoin (LTC) has been relatively less volatile when compared to other cryptocurrencies. So far Monday, the Digital Money has declined 3.61% to $92.63.
InvestorsObserver is giving Litecoin a 24 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin!
Low VolatilityInvestorsObserver gives Litecoin a low volatility rank of 24, placing it in the bottom 24% of cryptos on the market.
The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. LTC's low volatility reading is paired 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 trading above resistance. With support near $90.29 and resistance around $92.49. This leaves Litecoin out of range and potentially in a volatile position if the rally burns out.