BTC Lite (BTCL) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the crypto has gained 72.72% to $0.006398260082.
InvestorsObserver is giving BTC Lite a 75 Volatility Rank. Find out what this means to you and get the rest of the rankings on BTC Lite!
Moderately Volatile
InvestorsObserver gives BTC Lite a moderate volatility rank of 75, placing it in the top 25% of cryptos on the market.The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. BTCL's moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
BTC Lite price is trading above resistance. With support near $0.00285545559363295 and resistance set at $0.00535810957426061. This positions BTC Lite out of range and potentially in a volatile position if the rally burns out.