Litecoin (LTC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the Digital Money has dropped 1.38% to $89.27.
The Volatility Gauge analyzes meaning that one day won’t make or break its rank.
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 favorably positioned going forward. With support around $87.89 and resistance around $89.84. This leaves Litecoin with room to run before facing selling pressures.