Litecoin (LTC) has been relatively less volatile when compared to other cryptocurrencies. So far Friday, the Digital Money has added 3.62% to $162.2.
Low VolatilityInvestorsObserver gives Litecoin a low volatility rank of 14, placing it in the bottom 14% of cryptos on the market.
The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. 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 trading near resistance. With support set at $151.72 and resistance around $163.22. This positions Litecoin with potential selling pressures ahead as it may be getting over extended.