BTC Lite (BTCL) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the crypto has advanced 1.56% to $0.003037123406.
InvestorsObserver is giving BTC Lite a 78 Volatility Rank. Find out what this means to you and get the rest of the rankings on BTC Lite!
Highly Volatile
InvestorsObserver gives BTC Lite a high volatility rank of 78, placing it in the top 22% of cryptos on the market.The Volatility Gauge follows this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. BTCL's high volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.
BTC Lite price is favorably positioned going forward. With support set at $0.00290585171464563 and resistance set at $0.00309161145273329. This positions BTC Lite with room to run before facing selling pressures.
