Litecoin (LTC) is currently trading at $84.90, reflecting a slight 24-hour decline of 0.08649%. The daily price range shows a high of $86.56 and a low of $83.45, indicating a volatility of 3.11% within the last day.

Trading volume stands at approximately $592.83 million, contributing to a volume-to-market cap ratio of 9.13%. This suggests a moderately active market, although the slight drop in price over the past day indicates potential selling pressure.

Moving averages indicate mixed signals; the 8-hour SMA is at $85.39, down 0.58%, while the 55-hour SMA shows a gain of 0.49% at $84.49. The 13-hour and 21-hour SMAs both indicate minor upward trends, hinting at potential short-term consolidation around the current price level.

The 1-hour RSI is at 55, suggesting a neutral short-term momentum, while the 7-day RSI at 45 indicates that LTC is nearing oversold conditions. The 7-day, 14-day, and 30-day price changes reflect significant downward trends of -10.11%, -14.63%, and -15.09%, respectively, indicating persistent bearish sentiment over the medium term.

Despite the recent declines, LTC's current price is well below its all-time high of $410.26 reached in May 2021. This suggests potential for recovery, but given the current technical indicators and momentum, caution is warranted.

Overall, the mix of neutral short-term signals and persistent bearish momentum over longer periods suggests a Hold rating for Litecoin. Investors should monitor for a reversal or stabilization before considering new positions.