Litecoin price analysis (Bullish) — 100.08 USDT (+2.80% 24h)

LTCUSDT is showing encouraging momentum, trading at $100.08 with a solid 2.8% gain over the past 24 hours. The current price sits comfortably above both the 20-day SMA ($99.79) and 50-day SMA ($97.43), indicating underlying strength in the medium-term trend. Volume of $58 million suggests decent participation in this move, though not explosive. The RSI reading of 57 sits in neutral territory, leaving ample room for further upside before reaching overbought conditions. With volatility at 4.4%, Litecoin is displaying relatively stable price action compared to more volatile altcoins. Traders should watch for a sustained break above $101, which could trigger further momentum buying. Support appears firm around the $98-99 level where the SMAs converge. For position traders, accumulating on dips toward $98 with stops below $96 seems prudent, while swing traders might consider entering on a confirmed break above $101 with targets toward $105.