Litecoin is showing moderate bullish momentum with price above key moving averages. RSI indicates slightly overbought conditions. Recent price action suggests consolidation with clear support and resistance levels.
Current Market Position
Price at $95.71 is above both 20-day ($94.24) and 50-day ($93.38) moving averages, indicating upward momentum. The 2.85% 24-hour gain shows positive short-term movement.
RSI Indicator
RSI at 63 suggests the asset is approaching overbought territory but still has room for growth. Values above 70 typically indicate overbought conditions.
Support and Resistance
Key support levels are around $90.79-$92.39 based on recent lows. Resistance appears near $94.61-$96.46 from recent highs. These levels help identify potential entry and exit points.
Trading Strategy
Consider buying near support levels and selling near resistance. Current price is closer to resistance, suggesting waiting for pullbacks for better entry prices.
Beginner Recommendations
Advice: hold
Buy Price: 92.39 USDT
Sell Price: 96.46 USDT
Key metrics
| Price | 95.7100 USDT |
| 24h Change | 2.85% |
| RSI(14) | 63.14 |
| SMA20 / SMA50 | 94.24 / 93.38 |
| Daily Volatility | 3.04% |
| Sentiment | Bullish |
| 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.
