Litecoin is in a gradual uptrend, trading above key moving averages with moderate RSI. Recent lows near $115.42 offer support, while resistance is around $117.66. Current price suggests holding with a slight bullish bias.
Price Overview
LTC is at $119.79, up 2.91% in 24 hours. It’s above the 20-day SMA ($118.68) and 50-day SMA ($116.88), indicating a positive trend.
RSI Indicator
RSI is 61.87, which is neutral to slightly bullish. It’s not overbought (above 70) or oversold (below 30), suggesting room for movement.
Support and Resistance
Recent local lows around $115.42 act as support. Resistance is near $117.66 based on recent highs. Use these for entry and exit points.
Volume Insight
Volume is moderate at 2.26, showing decent interest but not extreme activity. Higher volume on up moves would confirm strength.
Trading Advice
Hold for now. Consider buying near support at $115.50 if price dips, and selling near resistance at $117.70 for short-term gains. Always use stop-losses.
Beginner Recommendations
Advice: hold
Buy Price: 115.5 USDT
Sell Price: 117.7 USDT
Key metrics
| Price | 119.7900 USDT |
| 24h Change | 2.91% |
| RSI(14) | 61.87 |
| SMA20 / SMA50 | 118.68 / 116.88 |
| Daily Volatility | 2.26% |
| Sentiment | Bullish |
| Risk level | Medium |
Disclaimer: this material is for educational purposes only and does not constitute financial advice. Cryptocurrencies are highly volatile; always assess your own risk, investment horizon, and do your own research.
