Watch: the daily chart check
▶ PlayThe daily candle
Litecoin closed the September 27 daily candle at $71.25, down 1.74% on the day, after trading between $70.33 and $72.52. What stands out on the daily chart: RSI overbought.
Moving averages
The close of $71.25 is 20.8% above the 20-day average ($59.00).
The close of $71.25 is 34.9% above the 50-day average ($52.83).
The close of $71.25 is 40.0% above the 200-day average ($50.90).
The 50-day average is above the 200-day average. A moving average is the mean of the last N daily closes; where the price sits against it describes the recent trend, not the next one.
Momentum: RSI and MACD
The 14-day RSI reads 78.7, above 70, the range usually called overbought. RSI compares the size of recent up days with recent down days on a 0 to 100 scale.
MACD (12, 26, 9) is 5.311 against a signal line of 3.724, so the MACD line is above its signal. MACD measures the gap between a fast and a slow exponential average.
Volume and range
Volume on the day was 0.71 times its 20-day average. Volume counts how much traded; a move on heavy volume involved more of the market than one on light volume.
The Bollinger Bands (20 days, 2 standard deviations) run from $44.26 to $73.74, and the close is inside the bands.
Over the previous 30 days the highest close was $72.55 and the lowest $47.91.
What it costs to hold a position
Anyone holding a LTC perpetual future pays or receives funding every settlement, and the rate differs by exchange. Today's rates across venues are on the LTC funding page.