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HomeCoinsLitecoinLitecoin price analysis (Neutral) — 97.91 USDT (-2.97% 24h)

Litecoin price analysis (Neutral) — 97.91 USDT (-2.97% 24h)

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Market Insight — LTCUSDT
Sentiment: Neutral

LTCUSDT is showing mixed signals as it trades at $97.91, down nearly 3% over the past 24 hours. The current price sits just above the 20-day SMA at $97.04 but below the 50-day SMA at $98.60, indicating potential resistance overhead. With an RSI of 63.54, Litecoin is approaching overbought territory but hasn’t crossed the critical 70 threshold yet. The 24-hour trading volume of $105 million suggests decent participation, though the negative price movement indicates selling pressure is currently dominating. The 7.38% volatility reading points to moderate price swings, which could present both opportunities and risks for traders. Given the technical setup, I’d recommend waiting for a clear break above the 50-day SMA with strong volume before considering long positions. Alternatively, a rejection at current levels could see a retest of the $95 support zone. Position sizing should remain conservative given the current uncertainty in direction.

Key Metrics

Price 97.9100 USDT
24h Change -2.97%
24h Volume 105390490.19
RSI(14) 63.54
SMA20 / SMA50 97.04 / 98.60
Daily Volatility 7.38%

Litecoin — 1h candles, 7D window (SMA20/SMA50, RSI).

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