Sentiment: Bullish
Litecoin is showing strong momentum with a 7% surge over the past 24 hours, pushing price to $108.02 as bullish volume approaches $187M. The current price sits just below the 20-day SMA at $108.30 while maintaining a comfortable cushion above the 50-day SMA at $103.95, indicating underlying strength in the medium-term trend. With RSI at 61.64, LTC approaches overbought territory but still has room for further upside before hitting extreme levels. The 7.6% volatility reading suggests active but manageable price action. Traders should watch for a decisive break above the $108.30 resistance, which could trigger another leg up toward $112-115. Support holds firm at $104, with stronger footing at the $102 level. Current momentum favors long positions with tight stops below $105, though profit-taking near current levels wouldn’t be surprising given the recent run-up.
Key Metrics
| Price | 108.0200 USDT |
| 24h Change | 7.03% |
| 24h Volume | 187435715.81 |
| RSI(14) | 61.64 |
| SMA20 / SMA50 | 108.30 / 103.95 |
| Daily Volatility | 7.64% |
Litecoin — 1h candles, 7D window (SMA20/SMA50, RSI).
