Litecoin (LTC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the Digital Money has advanced 3.08% to $90.4.
The Volatility Gauge tracks which means that one day won’t define its volatility rank – a trend will.
LTC’s moderate volatility reading comes 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 trading above resistance. With support set at $86.42 and resistance at $88.93. This leaves Litecoin out of range and potentially in a volatile position if the rally burns out.