Litecoin (LTC) has been relatively less volatile compared to the crypto market. So far Tuesday, the Digital Money has declined 2.36% to $150.44.
Low VolatilityInvestorsObserver gives Litecoin a low volatility rank of 15, placing it in the bottom 15% of cryptos on the market.
The Volatility Gauge tracks the previous 60 days, meaning that one day won't make or break the score. LTC's low volatility reading is paired 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 favorably positioned going forward. With support around $140.06 and resistance set at $156.98. This leaves Litecoin with room to run before facing selling pressures.