Litecoin (LTC) is currently trading at $76.05, reflecting a 24-hour decline of 2.84%. The daily range has been relatively tight, with a high of $80.43 and a low of $75.99, indicating some short-term volatility but overall bearish pressure.

Trading volume stands at approximately $1.21 billion, representing 20.74% of its market cap, which is moderately high and suggests active trading interest despite the price drop. The moving averages show a consistent downtrend, with the 8 SMA at $78.06, indicating that resistance levels are forming above the current price.

The RSI metrics reveal increasing bearish momentum, with the 1-hour RSI at 29, suggesting oversold conditions in the short term. Meanwhile, the 7-day RSI is at 43, indicating a lack of upward momentum over the past week, which aligns with a significant 7-day price change of -7.12%.

Litecoin's recent price history reflects a persistent downtrend, with declines noted over the past 14 and 30 days as well, at -1.14% and -1.54%, respectively. This sustained weakness highlights a lack of buying pressure and could suggest further downside potential in the immediate future.

Given the current technical indicators and the bearish price action, the outlook for Litecoin remains negative. Therefore, the rating for LTC is a Sell, as the market conditions, including oversold RSI and resistance at key moving averages, do not favor a reversal in the near term.