Litecoin (LTC) has been relatively less volatile when compared to other cryptocurrencies. So far Saturday, the Digital Money has declined 14.34% to $76.85.
The Volatility Gauge analyzes this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
LTC’s low volatility reading pairs 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 set at $73.1 and resistance around $75.61. This positions Litecoin out of range and potentially in a volatile position if the rally burns out.