Litecoin (LTC) is currently priced at $83.15, reflecting a 1.67% increase over the last 24 hours. The daily range shows volatility with a low of $80.04 and a high of $83.57, indicating a 3.53% movement, which is relatively moderate.

The trading volume stands at approximately $389 million, representing a volume-to-market cap ratio of 6.11%. The short-term moving averages indicate a bullish trend, with the 8 SMA at $81.67 and the 13 SMA at $81.86, both showing positive momentum, suggesting increasing buying interest.

The 1-hour RSI is at 56, indicating a neutral to slightly bullish condition, while the 7-day RSI is also at 56, reflecting consistent market sentiment without overbought conditions. However, the 7-day and 14-day price changes show declines of 1.06% and 0.41%, respectively, which might indicate some short-term profit-taking.

Over the last 30 days, LTC has experienced a significant decline of approximately 18%, highlighting potential bearish pressure in the longer term. Despite this, the current price remains significantly lower than its all-time high of $410.26, suggesting room for recovery if bullish momentum can be sustained.

Given the current technical indicators, the positive movement in shorter-term SMAs, and the neutral RSI readings, Litecoin is positioned for a potential upside. Therefore, the rating for LTC is a Buy, based on the recent price stability and bullish indicators, though investors should remain cautious of the broader market trends and recent volatility.