Sentiment: Bullish
Litecoin is showing strong momentum with a 3.5% gain over the past 24 hours, currently trading at $97.33. The price has pushed above both the 20-day SMA ($95.69) and 50-day SMA ($94.83), indicating bullish near-term and medium-term trends. However, caution is warranted as the RSI reading of 72 suggests LTC is approaching overbought territory. The substantial 24-hour trading volume of $34.6 million confirms genuine institutional and retail interest in this move. Current volatility at 4.3% provides decent swing trading opportunities. Traders should consider taking partial profits near the $100 psychological resistance level while maintaining a core position. For new entries, wait for a pullback to the $95-96 support zone rather than chasing the current rally. Stop losses should be placed below $94 to protect against potential reversal.
Key Metrics
| Price | 97.3300 USDT |
| 24h Change | 3.50% |
| 24h Volume | 34672555.56 |
| RSI(14) | 71.97 |
| SMA20 / SMA50 | 95.69 / 94.83 |
| Daily Volatility | 4.33% |
Litecoin — 1h candles, 7D window (SMA20/SMA50, RSI).
