Litecoin (LTC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Digital Money has increased 0.33% to $104.
InvestorsObserver is giving Litecoin a 32 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin!
Moderately VolatileInvestorsObserver gives Litecoin a moderate volatility rank of 32, placing it in the bottom 32% of cryptos on the market.
The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. LTC's moderate volatility reading comes 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 in a favorable position going forward. With support at $99.95 and resistance set at $106.82. This positions Litecoin with room to run before facing selling pressures.