Litecoin is currently trading near $106, showing a slight downtrend but holding above key support. The RSI is neutral, and price is consolidating after a recent drop. Consider buying near support and selling near resistance.
Current Market Overview
LTC is at $106.05, down 0.59% in 24 hours. The price is slightly above the 20-day average ($105.62) but below the 50-day average ($109.86), indicating short-term stability with a mild bearish trend.
Key Support and Resistance
Recent support (local_min) is around $104.77-$105.02, where buying interest may emerge. Resistance (local_max) is near $106.13-$106.42, where selling pressure could increase.
RSI and Volume Analysis
RSI is 58.3, which is neutral—not overbought or oversold. Volume has been moderate, suggesting steady interest without panic selling or buying.
Trading Strategy
Wait for a dip to buy near support levels. If the price rises, consider selling near resistance to lock in profits. Always use stop-loss orders to manage risk.
Beginner Recommendations
Advice: hold
Buy Price: 104.8 USDT
Sell Price: 106.3 USDT
Key metrics
| Price | 106.0500 USDT |
| 24h Change | -0.59% |
| RSI(14) | 58.29 |
| SMA20 / SMA50 | 105.62 / 109.86 |
| Daily Volatility | 2.55% |
| 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.
