Litecoin (LTC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the Digital Money has declined 1.35% to $63.99.
InvestorsObserver is giving Litecoin a 31 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin!
Moderately Volatile
InvestorsObserver gives Litecoin a moderate volatility rank of 31, placing it in the bottom 31% of cryptos on the market.The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. LTC's moderate volatility reading pairs 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 trading near resistance. With support around $62.5 and resistance around $64.38. This leaves Litecoin with potential selling pressures ahead as it may be getting over extended.