Litecoin (LTC) has been relatively less volatile when compared to other cryptocurrencies. So far Saturday, the Digital Money has gained 5.1% to $103.8.
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 Volatility
InvestorsObserver gives Litecoin a low volatility rank of 24, placing it in the bottom 24% of cryptos on the market.The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. LTC's low volatility reading comes 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 favorably positioned going forward. With support set at $91.25 and resistance set at $108.14. This leaves Litecoin with room to run before facing selling pressures.