Litecoin price analysis (Bullish) — 121.09 USDT (+1.59% 24h)

LTCUSDT is showing modest bullish momentum, trading at $121.09 with a 1.59% gain over the past 24 hours. The current price sits above both the 20-day SMA ($119.99) and 50-day SMA ($119.56), indicating underlying strength in the medium-term trend. With an RSI reading of 64.76, Litecoin is approaching overbought territory but hasn’t yet reached extreme levels that would signal an immediate reversal. The 24-hour trading volume of $54.9 million demonstrates healthy participation, while volatility remains moderate at 3.38%. Traders should watch for a sustained break above $122 as confirmation of continued upward momentum. Support levels to monitor include the $119.50-$120 zone where the moving averages converge. Consider taking partial profits near $125 if resistance holds, while maintaining stops below $118 to protect against sudden downside moves.