Sentiment: Bullish
Litecoin is showing strong momentum this week, with LTCUSDT pushing to $105.88 and posting an impressive 5.08% gain over the past 24 hours. The current price sits comfortably above both the 20-day SMA ($100.88) and 50-day SMA ($99.93), indicating sustained bullish pressure. Volume has been robust at over $80 million, suggesting institutional interest remains healthy. However, traders should note the RSI reading of 67.27 is approaching overbought territory, which could signal near-term consolidation. The 3.7% volatility reading indicates moderate price swings are expected. For trading strategy, consider buying on dips toward the $102 support level with a target of $110. Stop losses should be placed below $99 to protect against any sudden reversal. The overall technical picture remains constructive, but position sizing should be conservative given the elevated RSI.
Key Metrics
| Price | 105.8800 USDT |
| 24h Change | 5.08% |
| 24h Volume | 80024207.77 |
| RSI(14) | 67.27 |
| SMA20 / SMA50 | 100.88 / 99.93 |
| Daily Volatility | 3.70% |
Litecoin — 1h candles, 7D window (SMA20/SMA50, RSI).
