Litecoin is currently trading at $115.98, showing a slight downtrend with mixed technical signals. The price is below key moving averages but RSI suggests neutral momentum. Recent local lows provide potential entry points while resistance levels offer profit-taking opportunities.
Current Market Position
LTC is trading at $115.98, down 2.35% in 24 hours. The price is below both the 20-day ($116.95) and 50-day ($118.35) moving averages, indicating short-term weakness.
Technical Indicators
RSI at 47.25 is neutral, neither overbought nor oversold. Volume has been steady, suggesting normal market activity without strong buying or selling pressure.
Support and Resistance Levels
Recent local lows around $115.46 provide strong support, while resistance sits near $117.77-$118.95 from recent highs. These levels help identify entry and exit points.
Trading Strategy
Consider buying near support at $115.50 and selling near resistance at $117.75. The current price is close to support, making it a potential buying opportunity with defined risk management.
Beginner Recommendations
Advice: buy
Buy Price: 115.5 USDT
Sell Price: 117.75 USDT
Key metrics
| Price | 115.9800 USDT |
| 24h Change | -2.35% |
| RSI(14) | 47.25 |
| SMA20 / SMA50 | 116.95 / 118.35 |
| Daily Volatility | 3.50% |
| 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.
