Litecoin is currently trading at $94.01, showing recent volatility with a 24-hour decline of -3.96%. The price has found support near $90.67 and faces resistance around $99.70. Current indicators suggest a neutral to slightly bearish short-term outlook.
Current Market Position
LTC is trading at $94.01, slightly above its 20-day average ($93.30) but below its 50-day average ($96.42). The RSI at 61 indicates neither overbought nor oversold conditions.
Recent Price Action
Price dropped from highs near $100 to a recent low of $90.67, then recovered to current levels. This shows significant volatility with clear support and resistance levels forming.
Support and Resistance Levels
Strong support has formed around $90.67 (recent local minimum), while resistance appears near $99.70 (recent local maximum). These levels can guide entry and exit points.
Trading Strategy
Consider buying near support at $91.00 and selling near resistance at $99.00. Always use stop-loss orders to manage risk, especially given the medium volatility.
Risk Management
Cryptocurrency trading carries inherent risks. Never invest more than you can afford to lose, and consider dollar-cost averaging rather than timing the market perfectly.
Beginner Recommendations
Advice: hold
Buy Price: 91.0 USDT
Sell Price: 99.0 USDT
Key metrics
| Price | 94.0100 USDT |
| 24h Change | -3.96% |
| RSI(14) | 60.82 |
| SMA20 / SMA50 | 93.30 / 96.42 |
| Daily Volatility | 4.22% |
| Sentiment | Neutral |
| Risk level | Medium |
Disclaimer: this material is for educational purposes only and does not constitute financial advice. Cryptocurrencies are highly volatile; always assess your own risk, investment horizon, and do your own research.
