The daily candle
Litecoin closed the October 16 daily candle at $59.69, down 2.15% on the day, after trading between $59.05 and $61.63. What stands out on the daily chart: below 50-day average.
Moving averages
The close of $59.69 is 9.3% below the 20-day average ($65.78).
The close of $59.69 is 0.0% below the 50-day average ($59.70).
Momentum: RSI and MACD
The 14-day RSI reads 41.5, between 30 and 70, neither extreme. RSI compares the size of recent up days with recent down days on a 0 to 100 scale.
MACD (12, 26, 9) is -0.2457 against a signal line of 1.142, so the MACD line is below its signal. MACD measures the gap between a fast and a slow exponential average.
Volume and range
Volume on the day was 0.51 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 $57.99 to $73.57, and the close is inside the bands.
Over the previous 30 days the highest close was $72.53 and the lowest $51.65.
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.