Litecoin price analysis (Neutral) — 94.05 USDT (-4.36% 24h)

LTCUSDT is showing mixed signals as it trades at $94.05, down 4.36% over the past 24 hours. The current price sits just above the 20-day SMA at $93.17 but remains below the 50-day SMA at $96.35, indicating potential resistance overhead. With an RSI reading of 65, Litecoin is approaching overbought territory but hasn’t yet reached extreme levels that would signal an imminent reversal. The 24-hour trading volume of $58.9 million shows decent participation, though the negative price movement suggests selling pressure is dominating. The 4.22% volatility reading indicates moderate price swings, typical for altcoins in current market conditions. Traders should watch for a decisive break above the $96.35 resistance level for bullish confirmation, while a drop below the $93.17 support could trigger further downside toward $90. Consider scaling into positions with tight stop-losses given the conflicting technical signals.