Litecoin (LTC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the Digital Money has declined 5.31% to $51.27.
Moderately VolatileInvestorsObserver gives Litecoin a moderate volatility rank of 26, placing it in the bottom 26% of cryptos on the market.
The Volatility Gauge tracks 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 trading near resistance. With support near $48.27 and resistance set at $51.99. This positions Litecoin with potential selling pressures ahead as it may be getting over extended.