Litecoin is showing moderate bullish momentum with price above key moving averages. The RSI indicates neither overbought nor oversold conditions, suggesting room for further movement.
Current Market Position
LTC is trading at $95.26, above both the 20-day ($94.05) and 50-day ($92.51) moving averages, indicating positive short-term momentum.
Price Action Analysis
Recent price history shows LTC climbing from around $90 to current levels, with local support near $93 and resistance around $94.42.
RSI Indicator
The RSI at 62.47 suggests the asset is neither overbought (above 70) nor oversold (below 30), indicating balanced buying and selling pressure.
Trading Strategy
Consider buying near support levels around $93 for potential upside toward resistance at $97-98. Always use stop-loss orders to manage risk.
Beginner Recommendations
Advice: buy
Buy Price: 93.0 USDT
Sell Price: 97.5 USDT
Key metrics
| Price | 95.2600 USDT |
| 24h Change | 3.32% |
| RSI(14) | 62.47 |
| SMA20 / SMA50 | 94.05 / 92.51 |
| Daily Volatility | 4.34% |
| Sentiment | Bullish |
| 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.
