The daily candle
Litecoin closed the October 30 daily candle at $55.96, up 1.89% on the day, after trading between $52.77 and $56.45. What stands out on the daily chart: Bollinger squeeze.
Moving averages
The close of $55.96 is 5.2% below the 20-day average ($59.05).
The close of $55.96 is 9.1% below the 50-day average ($61.59).
Momentum: RSI and MACD
The 14-day RSI reads 39.6, 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 -1.697 against a signal line of -1.332, 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 1.43 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 $54.47 to $63.64, and the close is inside the bands. The bands are the narrowest they have been in 60 days.
Over the previous 30 days the highest close was $70.66 and the lowest $54.92.
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.