Litecoin (LTC) has been relatively less volatile compared to the crypto market. So far Wednesday, the Digital Money has declined 4.11% to $89.22.
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 takes into account meaning that one day won’t make or break its rank.
LTC’s low volatility reading is paired 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 above resistance. With support at $86.58 and resistance near $88.97. This leaves Litecoin out of range and potentially in a volatile position if the rally burns out.