Litecoin (LTC) is currently trading at $79.06, reflecting a 24-hour change of -1.47%. The price has oscillated between a high of $80.24 and a low of $77.86 in the past day, indicating a daily range of 2.38% and a moderate trading volume of approximately $337.4 million.

The current hourly moving averages show a slight bullish trend, with the 8 SMA at $78.63 (up 0.55%) and the 55 SMA at $78.31 (up 0.96%), while the 21 SMA is essentially flat at $79.05. The 144 SMA at $77.23 has a stronger upward momentum at 2.37%, indicating potential support around this level.

The 1-hour RSI is at 46, suggesting that LTC is nearing oversold conditions, while the 7-day RSI is at 53, indicating a neutral stance in the short term. In the context of price changes, LTC has seen a 7-day increase of 2.24%, contrasting with a 14-day decline of 0.57% and a more significant 30-day drop of 6.36%.

Considering the technical indicators, the near-term price action suggests a potential bounce back as the hourly moving averages indicate support levels around $78.63 to $79.05. However, the longer-term trend reflects a bearish sentiment with the significant decline over the past month.

Based on the current analysis, I rate Litecoin (LTC) as a Hold. The recent price fluctuations and mixed signals from the RSI suggest that while there may be opportunities for short-term gains, the overall bearish trend in the longer term warrants caution before taking a buy position.