Litecoin (LTC) is currently trading at $81.51, reflecting a 24-hour decline of 3.60%. The daily range shows volatility with a high of $86.64 and a low of $80.54, indicating a 6.1% fluctuation in the price.

Volume stands at approximately $606.57 million, with a volume-to-market cap ratio of 9.71%. The recent 1-hour RSI is at 30, suggesting the asset is nearing oversold territory, while the 7-day RSI is at 48, indicating a neutral trend in the short-term.

Moving averages indicate bearish momentum, with the 8 SMA at $85.05 down 4.16% and the 13 SMA at $84.69 down 3.75%. The longer-term 144 SMA sits at $82.94, only down 1.72%, indicating a possible support level in the near term.

The 7-day price change shows a decline of approximately 4.99%, while the 14-day and 30-day changes reveal sharper losses of 5.57% and 21.85%, respectively. This trend points to significant downward pressure in the last month, highlighting a bearish outlook.

Given the current price action, recent declines, and technical indicators showing bearish momentum, a cautious approach is warranted. Therefore, the recommendation is to Hold Litecoin (LTC) as the market stabilizes and potential support levels are tested around $82.94.