Sentiment: Bearish
LTCUSDT is showing concerning technical weakness as the price hovers at $86.82, representing a significant 6.98% decline over the past 24 hours. The current price sits below both the 20-day SMA ($88.53) and 50-day SMA ($93.79), indicating sustained bearish momentum. The RSI reading of 37.4 suggests Litecoin is approaching oversold territory but hasn’t yet reached extreme levels that typically signal a reversal. Trading volume remains elevated at over $92 million, indicating strong institutional and retail interest during this downturn. The 4.64% volatility reading suggests moderate price swings are likely to continue. For traders, this presents a classic dilemma – the oversold conditions suggest potential for a bounce, but the clear breakdown below key moving averages warns of further downside. Conservative traders should wait for a confirmed break above the 20-day SMA before considering long positions, while aggressive traders might scale into positions near current levels with tight stop losses below $84.
Key Metrics
| Price | 86.8200 USDT |
| 24h Change | -6.97% |
| 24h Volume | 92602099.45 |
| RSI(14) | 37.40 |
| SMA20 / SMA50 | 88.53 / 93.79 |
| Daily Volatility | 4.64% |
Litecoin — 1h candles, 7D window (SMA20/SMA50, RSI).
