Live Crypto Markets

HomeCoinsLitecoinLitecoin price analysis (Bullish) — 86.60 USDT (+1.68% 24h)

Litecoin price analysis (Bullish) — 86.60 USDT (+1.68% 24h)

-

Market Insight — LTCUSDT
Sentiment: Bullish

LTCUSDT is showing modest bullish momentum, trading at $86.60 with a 1.68% gain over the past 24 hours. The current price sits just above both the 20-day SMA ($86.00) and 50-day SMA ($85.29), indicating underlying strength in the medium-term trend. Volume of $34.5 million suggests decent participation, though not explosive. The RSI at 55.62 remains in neutral territory, leaving ample room for further upside before reaching overbought conditions. With volatility at 4.2%, Litecoin is exhibiting relatively stable price action compared to more volatile altcoins. Traders should watch for a sustained break above $87.00, which could trigger momentum toward the $90 psychological level. Support holds at the $85.00 SMA confluence zone. Consider scaling into positions on pullbacks toward support with stops below $84.50. The current setup favors cautious accumulation for a potential move toward $90-92 resistance.

Key Metrics

Price 86.6000 USDT
24h Change 1.68%
24h Volume 34522831.56
RSI(14) 55.62
SMA20 / SMA50 86.00 / 85.29
Daily Volatility 4.21%

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

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Upbit Exchange Suffers $36M Solana Hot-Wallet Security Incident

South Korea's premier cryptocurrency trading platform Upbit has confirmed a significant security breach involving its Solana hot-wallet infrastructure, resulting in approximately $36 million in unauthorized...

Thailand Orders Worldcoin to Erase 1.2 Million Iris Scans Amid Data Privacy Concerns

In a significant regulatory move, Thailand's Personal Data Protection Commission (PDPC) has mandated Worldcoin, the digital identity cryptocurrency initiative, to permanently delete all biometric data...

Bolivia Advances Financial Modernization with Cryptocurrency and Stablecoin Integration

In a strategic move to address economic challenges and align with global financial trends, Bolivia has announced plans to formally integrate cryptocurrencies and stablecoins into...

Australia Advances Landmark Crypto Regulation Framework Under Financial Services Laws

The Australian government has progressed pivotal legislation that will integrate cryptocurrency platforms into the nation's established financial regulatory framework. This initiative mandates that digital asset...

Most Popular

spot_img