Litecoin is trading near its 20-day and 50-day averages with neutral momentum. Recent price action shows consolidation between $104.77 and $107.54, suggesting a wait-and-see approach.
Current Market Position
LTC is at $107.13, slightly above its 20-day SMA ($106.53) and 50-day SMA ($106.13). The RSI at 53.78 indicates neither overbought nor oversold conditions, and 24-hour change is minimal at +1.02%.
Price Levels to Watch
Support (buy zone) is near recent lows around $104.77-$105.02. Resistance (sell zone) is near recent highs around $107.00-$107.54. The price is currently testing the upper end of this range.
Trading Suggestion
With mixed signals and low volatility, holding is prudent. If buying, wait for a dip to support. If selling, consider near resistance. Always use stop-losses to manage risk.
Beginner Recommendations
Advice: hold
Buy Price: 105.0 USDT
Sell Price: 107.5 USDT
Key metrics
Price | 107.1300 USDT |
24h Change | 1.02% |
RSI(14) | 53.78 |
SMA20 / SMA50 | 106.53 / 106.13 |
Daily Volatility | 2.65% |
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.