Litecoin price analysis (Neutral) — 120.57 USDT (-0.43% 24h)

LTCUSDT is showing consolidation around the $120.57 level, trading marginally above its 20-day SMA ($119.62) but slightly below the 50-day SMA ($119.73), indicating a neutral near-term technical structure. The 24-hour decline of 0.43% reflects minor profit-taking rather than significant bearish momentum. With RSI at 59.1, Litecoin remains in neutral territory with room for upward movement before reaching overbought conditions. The $488 million 24-hour trading volume demonstrates healthy liquidity, while 3.49% volatility suggests relatively stable price action compared to typical crypto assets. Key resistance sits at $125, while support holds near $115. Traders should watch for a decisive break above the 50-day SMA with volume confirmation for long entries, while maintaining stop-losses below $114. Given the tight range between moving averages, range-bound strategies may be effective until clearer directional momentum emerges.