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HomeCoinsLitecoinLitecoin price analysis (Bullish) — 98.19 USDT (+4.69% 24h)

Litecoin price analysis (Bullish) — 98.19 USDT (+4.69% 24h)

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Market Insight — LTCUSDT
Sentiment: Bullish

LTCUSDT shows encouraging momentum, climbing 4.69% over the past 24 hours to trade at $98.19. The price has pushed above both its 20-day SMA ($96.73) and 50-day SMA ($97.17), indicating a potential shift in short-term sentiment. An RSI reading of 63.4 sits in bullish territory but isn’t yet overbought, leaving room for further upside. The substantial $106 million 24-hour trading volume confirms genuine interest behind this move. However, traders should note the relatively high volatility reading of 9.82%, suggesting potential for sharp price swings. Current technical positioning favors long setups with a tight stop-loss below $95.50. Look for resistance near the psychological $100 level, which could trigger profit-taking. Position sizing should account for the elevated volatility, and consider scaling into positions rather than entering full size at current levels. The breach of key moving averages combined with strong volume makes this worth watching for continuation patterns.

Key Metrics

Price 98.1900 USDT
24h Change 4.69%
24h Volume 106246566.42
RSI(14) 63.42
SMA20 / SMA50 96.73 / 97.17
Daily Volatility 9.82%

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

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