Litecoin is currently trading near $116.58, showing slight weakness with a minor 24-hour decline. The RSI indicates it’s approaching overbought territory, while moving averages suggest consolidation. Recent price action shows support around $114.66 and resistance near $120.63.
Current Market Position
LTC is trading at $116.58, slightly below its 20-day average of $115.45 but above recent support levels. The 24-hour change shows a small decline of -0.51%.
Technical Indicators
RSI at 69.86 suggests the asset is approaching overbought conditions (above 70). The 20-day SMA ($115.45) is below the 50-day SMA ($117.39), indicating short-term consolidation within a broader range.
Support and Resistance Levels
Key support levels are visible around $114.66 (recent local minimum) and $115.42. Resistance appears near $120.63 (recent peak) and $119.96.
Trading Recommendation
Given the current price position and technical indicators, holding is advised. Consider buying near support levels if the price drops further, and selling near resistance if momentum returns.
Beginner Recommendations
Advice: hold
Buy Price: 114.66 USDT
Sell Price: 120.63 USDT
Key metrics
| Price | 116.5800 USDT |
| 24h Change | -0.51% |
| RSI(14) | 69.86 |
| SMA20 / SMA50 | 115.45 / 117.39 |
| Daily Volatility | 2.31% |
| Sentiment | Neutral |
| 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.
