Litecoin (LTC) is currently trading at $88.49, experiencing a 24-hour decline of 4.14%. The daily price range has seen a high of $93.47 and a low of $86.29, indicating a volatility of 7.18% in the last day, with a trading volume of approximately $678.88 million.

Technical indicators show bearish momentum, with the 1-hour RSI at 27, suggesting oversold conditions. The short-term moving averages (8, 13, and 21 SMA) are all below the current price, reflecting a downward trend, while the 55 and 144 SMAs are positioned significantly higher, indicating resistance levels at $93.35 and $96.54, respectively.

Over the past week, Litecoin has decreased by approximately 6.63%, which aligns with a longer-term 30-day decline of about 6.44%. However, the 14-day price change shows a slight positive shift of 1.47%, hinting at potential stabilization in the near term.

Fundamentally, LTC's market capitalization and volume indicate active trading, with a volume-to-market cap ratio of 10.02%, suggesting that current trading activity is robust. Despite the recent downturn, the cryptocurrency market's overall sentiment can shift quickly, potentially creating opportunities for recovery.

Considering the current technical setup, Litecoin is in a downtrend with several moving averages above the current price acting as resistance. Thus, the recommendation is to Hold LTC for now, monitoring for signs of stabilization or upward movement that could indicate a buying opportunity if RSI levels begin to rise and break through key resistance levels.