Litecoin (LTC) has been relatively less volatile when compared to other cryptocurrencies. So far Saturday, the Digital Money has declined 14.34% to $76.85.
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 analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. LTC's low volatility reading pairs 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 set at $73.1 and resistance around $75.61. This positions Litecoin out of range and potentially in a volatile position if the rally burns out.