Litecoin (LTC) has been relatively less volatile when compared to other cryptocurrencies. So far Sunday, the Digital Money has gained 1.95% to $87.35.
InvestorsObserver is giving Litecoin a 23 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin!
The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day.
LTC’s low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.
Litecoin price is trading near resistance. With support at $83.4 and resistance near $87.71. This positions Litecoin with potential selling pressures ahead as it may be getting over extended.
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