Litecoin price analysis (Bullish) — 96.12 USDT (+0.15% 24h)

LTCUSDT is showing consolidation around the $96 level, trading just below the 20-day SMA at $96.17 while holding comfortably above the 50-day SMA at $95.12. The 14.6% 24-hour gain on substantial $36M volume indicates strong buying interest, though the RSI at 57.6 suggests the rally isn’t yet overbought. Current volatility of 2.85% reflects typical Litecoin price action. Traders should watch for a decisive break above the $96.50 resistance level, which could trigger momentum toward $100. Support holds at $94.50, with a break below potentially testing the $92-93 zone. Given the positive momentum and healthy technical setup, consider scaling into long positions on pullbacks toward support, using tight stops given the moderate volatility. The volume surge suggests institutional interest may be returning to Litecoin.