Watch: the daily chart check
▶ PlayThe daily candle
Litecoin closed the September 28 daily candle at $69.23, down 2.84% on the day, after trading between $68.51 and $72.46. What stands out on the daily chart: RSI overbought.
Moving averages
The close of $69.23 is 15.9% above the 20-day average ($59.75).
The close of $69.23 is 29.9% above the 50-day average ($53.31).
Momentum: RSI and MACD
The 14-day RSI reads 71.8, 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 5.278 against a signal line of 4.037, 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 1.33 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 $44.54 to $74.96, and the close is inside the bands.
Over the previous 30 days the highest close was $72.53 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.