Litecoin (LTC) has been relatively less volatile when compared to other cryptocurrencies. So far Wednesday, the Digital Money has fallen 0.69% to $97.7.
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 tracks 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 favorably positioned going forward. With support near $92.19 and resistance at $102.98. This positions Litecoin with room to run before facing selling pressures.
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