Litecoin price analysis (Neutral) — 116.16 USDT (+2.11% 24h)

LTCUSDT is currently trading at $116.16, showing modest strength with a 2.11% gain over the past 24 hours. The price is hovering just below the 20-day SMA at $116.50, while remaining above the 50-day SMA of $114.32, indicating a relatively balanced near-term momentum. The RSI reading of 50.07 suggests neutral momentum without clear overbought or oversold conditions. Volume of $73.9 million is decent but not exceptional, while volatility remains moderate at 2.38%. Given these mixed signals, I’d recommend a cautious approach – consider scaling into long positions on any dips toward the $114 support level with tight stops below $112. For short-term traders, range-bound strategies between $114-118 could be profitable until we see a clearer directional breakout.