Litecoin price analysis (Bullish) — 95.98 USDT (+2.47% 24h)

LTCUSDT is showing encouraging technical momentum, trading at $95.98 with a solid 2.47% gain over the past 24 hours. The current price sits above both the 20-day SMA ($94.40) and 50-day SMA ($93.45), indicating underlying bullish strength. Volume has been robust at $33.8 million, suggesting genuine institutional and retail interest rather than speculative froth. The RSI reading of 63.89 places Litecoin in healthy territory – approaching overbought conditions but with room for further upside before reaching extreme levels. Volatility remains manageable at 3.03%, providing a favorable risk-reward setup for traders. Given the technical alignment and positive momentum, traders might consider entering long positions with a stop-loss around $92.50, targeting resistance near $98-100. The key will be monitoring whether LTC can maintain its position above the critical $94 support level, which would confirm the bullish thesis.