Litecoin (LTC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the Digital Money has dropped 2.48% to $80.3.
InvestorsObserver is giving Litecoin a 26 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin!
The Volatility Gauge takes into account this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
LTC’s moderate volatility reading pairs 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 well positioned going forward. With support around $76.32 and resistance set at $82.44. This leaves Litecoin with room to run before facing selling pressures.
