Litecoin (LTC) has been relatively less volatile compared to the crypto market. So far Sunday, the Digital Money has advanced 5.62% to $70.58.
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 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 around $64.3 and resistance set at $69.68. This positions Litecoin out of range and potentially in a volatile position if the rally burns out.