#LTC Litecoin's current price is around $87.88, with a 6.21% increase in value. Here's a detailed technical analysis:
*Key Metrics:*
- *Current Price*: $87.88
- *Market Cap*: $6.22 billion
- *Open Price*: $82.92
- *High Price*: $93.70
- *Low Price*: $82.91
- *Previous Close Price*: $82.91
- *Percent Change*: 6.21%
*Technical Indicators:*
- *RSI Indicator*: Upward trend below overbought levels, signaling robust bullish momentum
- *200-day EMA*: Resistance level at $92-$95, a break above could accelerate Litecoin's price to $100 or higher
- *Support Levels*: $85 and $82, potential areas for price rebound
- *Resistance Cluster*: $92-$95, a weighty resistance cluster due to 6.83 million LTC purchased by 204,000 addresses in this range
*Trading Analysis:*
- *Bullish Case*: Litecoin's surge above $90 supports a bullish outlook, with potential gains toward $100 or higher if it breaks above the $92-$95 resistance cluster
- *Bearish Case*: Failure to break above $92-$95 could lead to a pullback, with support levels at $85 and $82
*Trading Volumes:*
- *24-hour Trading Volume*: $904,739,234.53
- *Trading Volume Increase*: 32.88% increase in trading volume, amplifying the Open Interest surge ¹ ² ³$LTC