Litecoin Plus (LCP) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Saturday, the crypto has declined 36.32% to $0.001960979671.
InvestorsObserver is giving Litecoin Plus a 88 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin Plus!
Highly Volatile
InvestorsObserver gives Litecoin Plus a high volatility rank of 88, placing it in the top 12% of cryptos on the market.The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. LCP's high volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.
Litecoin Plus price is in a good position going forward. With support at $0.00116678037827591 and resistance set at $0.00242195722328255. This positions Litecoin Plus with room to run before facing selling pressures.