Litecoin price analysis (Bullish) — 89.59 USDT (+2.86% 24h)

LTCUSDT is showing encouraging momentum with a 2.86% gain over the past 24 hours, currently trading at $89.59. The price has pushed above both the 20-day SMA ($87.92) and 50-day SMA ($87.80), indicating strengthening bullish momentum. The RSI reading of 65.73 suggests the asset is approaching overbought territory but still has room for further upside before hitting extreme levels. Trading volume of $46.5 million provides decent liquidity and confirms genuine buying interest behind the move. Volatility remains moderate at 4.73%, offering reasonable trading conditions without excessive risk. For traders, consider entering long positions on any pullbacks toward the $87.50-$88.00 support zone, with initial targets around $92-$93. Maintain stop-losses below $86.50 to protect against sudden reversals. The current technical setup favors continued upward movement, though traders should monitor for RSI divergence that might signal near-term exhaustion.