Litecoin (LTC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Digital Money has advanced 0.54% to $92.03.
InvestorsObserver is giving Litecoin a 26 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 26, placing it in the bottom 26% of cryptos on the market.The Volatility Gauge follows meaning that one day won't make or break its rank. LTC's moderate volatility reading is paired 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 set at $90.24 and resistance near $93.04. This leaves Litecoin with room to run before facing selling pressures.