Live Crypto Markets

HomeCoinsLitecoinLitecoin price analysis (Neutral) — 93.67 USDT (+1.21% 24h)

Litecoin price analysis (Neutral) — 93.67 USDT (+1.21% 24h)

-

Market Insight — LTCUSDT
Sentiment: Neutral

Litecoin is showing modest strength today, trading at $93.67 with a 1.21% gain over the past 24 hours. The current price sits just above the 20-day SMA of $92.85 and slightly below the 50-day SMA of $93.29, indicating a potential consolidation phase. The RSI reading of 50.49 suggests neutral momentum with neither overbought nor oversold conditions. Trading volume of $52.6 million appears healthy but not explosive, while volatility remains moderate at approximately 4%. For traders, the key levels to watch are the $92.80-$93.30 support zone and resistance around $95. A sustained break above the 50-day SMA could signal further upside toward $96-$98, while failure to hold $92.80 might trigger a retest of $90 support. Consider scaling into positions with tight stops given the current technical indecision.

Key Metrics

Price 93.6700 USDT
24h Change 1.21%
24h Volume 52622859.06
RSI(14) 50.49
SMA20 / SMA50 92.85 / 93.29
Daily Volatility 3.98%

Litecoin — 1h candles, 7D window (SMA20/SMA50, RSI).

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Bitcoin Declared ‘Apex Predator of Money’ in Artistic Shark Sculpture Tribute

In a striking fusion of finance and contemporary art, Bitcoin has been symbolically crowned the 'apex predator of money' through a newly unveiled shark statue...

Canadian Crypto Exchange’s Warnings Ignored as Investor Loses Life Savings in Ethereum Scam

In a sobering case highlighting the persistent threat of cryptocurrency fraud, a Canadian investor has lost her entire life savings in Ethereum despite multiple security...

Delayed US Inflation Data Sparks Market Anticipation Among Crypto Traders

Cryptocurrency markets are on high alert as the delayed release of September's US inflation data approaches this Friday. Originally postponed due to the federal government...

Crypto Trader Nets $190M on Market Downturn While Allegedly Betting on CZ Pardon

A prominent cryptocurrency trader reportedly generated approximately $190 million in profits through strategic short positions during a recent market downturn, according to on-chain analytics. The...

Most Popular

spot_img