Litecoin (LTC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the Digital Money has lost 6.4% to $52.65.
Moderately VolatileInvestorsObserver gives Litecoin a moderate volatility rank of 25, placing it in the bottom 25% of cryptos on the market.
The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. LTC's moderate volatility reading is coupled 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 favorably positioned going forward. With support set at $49.63 and resistance set at $54.06. This leaves Litecoin with room to run before facing selling pressures.