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.
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.