Litecoin is trading near $106.57 with moderate momentum. The price has been bouncing between support and resistance levels, showing some upward movement but facing selling pressure at higher levels.
Current Market Position
LTC is currently at $106.57, slightly above its 20-day average of $106.42. The RSI at 59.57 suggests neither overbought nor oversold conditions, indicating balanced momentum.
Price Action Patterns
Recent trading shows LTC bouncing between support around $105.55-$105.83 and resistance near $106.56-$107.14. The price has tested these levels multiple times, creating clear trading ranges.
Trading Strategy
Consider buying near support levels around $105.70 where the price has previously found buyers. Look to take profits near resistance at $107.00 where selling pressure has emerged.
Risk Management
Always use stop-loss orders below support levels to limit potential losses. The medium risk level reflects typical cryptocurrency volatility and the current balanced market conditions.
Beginner Recommendations
Advice: hold
Buy Price: 105.7 USDT
Sell Price: 107.0 USDT
Key metrics
| Price | 106.5700 USDT |
| 24h Change | 0.70% |
| RSI(14) | 59.57 |
| SMA20 / SMA50 | 106.42 / 105.72 |
| Daily Volatility | 2.33% |
| 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.
