Litecoin price analysis (Neutral) — 115.19 USDT (+0.98% 24h)

LTCUSDT is currently trading at $115.19, showing modest 24-hour gains of approximately 0.98%. The price is hovering just above both the 20-day SMA ($114.96) and 50-day SMA ($114.19), indicating a potential consolidation phase with slight bullish bias. The RSI reading of 50.19 suggests neutral momentum, neither overbought nor oversold, providing room for movement in either direction. Trading volume of $44.7 million appears healthy, supporting current price levels. Given the low volatility of 2.47%, I expect continued range-bound trading between $112-118 in the near term. Traders should consider accumulating on dips below $113 with tight stops, while taking profits near resistance at $118. The convergence of moving averages suggests a potential breakout is brewing – monitor volume spikes for confirmation.