Litecoin is currently trading at $86.58, showing a slight downtrend with mixed signals. The price is near recent lows, suggesting potential support, but momentum remains weak. RSI is neutral, and volume is moderate.
Current Price Action
Price dropped from around $93 to $86.58 recently. It’s now hovering near the recent low of $83.07, which could act as support. The 24-hour change is -0.35%, indicating mild selling pressure.
Key Support and Resistance
The closest support level is $83.07 (recent local_min), where buyers might step in. Resistance is at $88.57 (recent local_max), where selling could increase. Price is currently between these levels.
RSI and Moving Averages
RSI is 51.64, which is neutral—not overbought or oversold. The price is slightly above the 20-day SMA ($85.84) but below the 50-day SMA ($87.95), showing short-term stability but longer-term weakness.
Trading Strategy
Consider buying near support at $83.50 for a bounce, and selling near resistance at $88.50 if the price struggles to break higher. Always use stop-losses to manage risk.
Beginner Recommendations
Advice: hold
Buy Price: 83.5 USDT
Sell Price: 88.5 USDT
Key metrics
| Price | 86.5800 USDT |
| 24h Change | -0.34% |
| RSI(14) | 51.64 |
| SMA20 / SMA50 | 85.84 / 87.95 |
| Daily Volatility | 4.85% |
| 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.
