Litecoin price analysis (Neutral) — 85.18 USDT (+0.90% 24h)

Litecoin is showing intriguing technical signals as it trades at $85.18, marginally above both its 20-day ($85.06) and 50-day ($84.85) SMAs. This positioning suggests potential consolidation after recent volatility, with the RSI reading of 40.57 indicating neither overbought nor oversold conditions. The 24-hour trading volume of $40 million demonstrates healthy market participation, while the modest 0.9% daily gain reflects cautious optimism among traders. The current volatility reading of 4.3% suggests relatively stable price action compared to typical crypto standards. For traders, the key resistance to watch remains the $86-87 zone, while support appears firm around $84. A decisive break above $87 could trigger momentum buying toward $90, though the subdued RSI suggests accumulation may be ongoing. Position sizing should remain conservative until clearer directional momentum emerges, with stop-losses recommended below $83.50 for long positions.