Litecoin (LTC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Digital Money has gained 2.01% to $64.76.
InvestorsObserver is giving Litecoin a 30 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin!
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 paired 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 set at $62.06 and resistance at $65.53. This positions Litecoin with potential selling pressures ahead as it may be getting over extended.