Litecoin (LTC) is currently priced at $80.19, showing a 24-hour change of -1.31%. The daily price range has been relatively tight, with a high of $81.60 and a low of $80.22, indicating a bearish sentiment as reflected by the price action.

The volume of LTC traded over the last 24 hours is approximately $275.56 million, translating to a volume-to-market cap ratio of 4.48%. The short-term moving averages (8 SMA at $80.93, 13 SMA at $81.06, and 21 SMA at $81.12) are all trending down, suggesting that momentum remains weak and favoring sellers in the immediate term.

The 1-hour RSI is significantly low at 22, indicating that LTC is currently oversold, while the 7-day RSI at 45 shows a neutral stance but is trending downward. Notably, the 7-day price change is -2.20%, suggesting that the asset has been losing value in the short term, despite a positive 14-day price change of 2.48%.

Given that LTC's all-time high was $410.26 in May 2021, the current price reflects a substantial decline, but recent movements suggest it may be consolidating at current levels. The 30-day price change of -1.34% further supports the narrative that LTC has been under pressure and lacks upward momentum.

Considering the current technical indicators, including the oversold RSI and the consistent downward trend in moving averages, a cautious approach is warranted. Therefore, the recommendation is to Hold Litecoin (LTC) for now, as there may be potential for a rebound if the price stabilizes above critical support levels near $80, but a further decline cannot be ruled out without bullish signals.