Litecoin (LTC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Digital Money has increased 0.44% to $93.6.
InvestorsObserver is giving Litecoin a 27 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 makes its score defined by recent trends, rather than a bad day.
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 in a good position going forward. With support near $92.02 and resistance set at $94.14. This positions Litecoin with room to run before facing selling pressures.