Litecoin (LTC) is currently priced at $81.58, reflecting a minor 24-hour decline of 0.93%. The price has fluctuated between a high of $82.41 and a low of $81.05 within the last 24 hours, showcasing a daily range of 1.36% and a trading volume of approximately $290 million, indicating steady market activity.

Technical indicators reveal that the hourly moving averages are mixed, with the 8 SMA and 13 SMA showing slight upward momentum, while the 21 SMA and 55 SMA are trending downward. The 1-hour RSI at 44 suggests that LTC is approaching oversold conditions, while the 7-day RSI at 49 indicates a neutral trend, lacking clear bullish or bearish momentum.

From a longer-term perspective, LTC has experienced a 14-day price change of -3.15% and a significant 30-day decline of approximately 14.85%. This trend underlines a bearish sentiment in the market, compounded by the fact that the price is significantly below its all-time high of $410.26, which was reached in May 2021.

Despite the short-term fluctuations, the persistent decline over the past month and the mixed signals from moving averages suggest caution. A volume-to-market cap ratio of 4.64% indicates reasonable trading activity, but the overall bearish trend and lower RSI levels imply that buyers may be hesitant at these price levels.

Given the current data and market sentiment, the recommendation for Litecoin is to Hold. This strategy allows for potential recovery as indicators may stabilize, but with caution against further declines given the recent bearish trends.