Litecoin (LTC) has been relatively less volatile when compared to other cryptocurrencies. So far Thursday, the Digital Money has lost 9.72% to $95.75.
Low VolatilityInvestorsObserver gives Litecoin a low volatility rank of 17, placing it in the bottom 17% 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. LTC's low volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.
Litecoin price is trading near resistance. With support at $88.75 and resistance around $96.29. This leaves Litecoin with potential selling pressures ahead as it may be getting over extended.