The daily candle
Litecoin closed the November 8 daily candle at $50.07, down 3.99% on the day, after trading between $49.15 and $52.32. What stands out on the daily chart: 30-day closing low.
Moving averages
The close of $50.07 is 10.5% below the 20-day average ($55.94).
The close of $50.07 is 18.6% below the 50-day average ($61.49).
Momentum: RSI and MACD
The 14-day RSI reads 32.7, 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 -2.432 against a signal line of -2.021, 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 1.01 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 $50.01 to $61.86, and the close is inside the bands.
Over the previous 30 days the highest close was $64.62 and the lowest $51.59.
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.