Litecoin is currently trading near $114.64 with neutral momentum. The price is consolidating between support and resistance levels, showing moderate volatility. RSI indicates neither overbought nor oversold conditions.
Current Market Position
LTC is trading at $114.64, slightly below the 20-day SMA of $114.88 but above the 50-day SMA of $114.20. This suggests the price is in a consolidation phase with no strong directional bias.
Support and Resistance Levels
Key support levels are around $112.19-$112.83 based on recent local lows. Resistance levels are near $114.99-$115.88 from recent local highs. These levels help identify potential entry and exit points.
RSI and Momentum
The RSI at 44.9 indicates neutral momentum – not overbought (above 70) or oversold (below 30). This suggests the market is balanced between buyers and sellers at current levels.
Trading Strategy
Consider buying near support around $112.50 and selling near resistance around $115.00. Always use stop-loss orders to manage risk, especially in crypto’s volatile environment.
Beginner Recommendations
Advice: hold
Buy Price: 112.5 USDT
Sell Price: 115.0 USDT
Key metrics
Price | 114.6400 USDT |
24h Change | 0.18% |
RSI(14) | 44.91 |
SMA20 / SMA50 | 114.88 / 114.20 |
Daily Volatility | 2.47% |
Sentiment | Neutral |
Risk level | Medium |
Disclaimer: this material is for educational purposes only and does not constitute financial advice. Cryptocurrencies are highly volatile; always assess your own risk, investment horizon, and do your own research.