Litecoin (LTC) is currently priced at $76.94, reflecting a 1.61% increase over the past 24 hours. The price has remained stable, hitting a high of $76.94 and a low of $74.73 during this period, indicating a daily range of 2.21%.

The trading volume stands at approximately $213.51 million, contributing to a volume-to-market cap ratio of 3.66%. This suggests moderate trading activity, which is important for liquidity but does not indicate extreme volatility at this time.

Technical indicators show that short-term moving averages are bullish, with the 8 SMA at $75.83, reflecting a 1.46% increase, and the 13 SMA at $75.66, showing a 1.70% increase. Conversely, the longer-term averages, such as the 144 SMA at $76.65, indicate only a slight upward movement of 0.38%, suggesting a lack of strong upward momentum over the longer term.

The 1-hour RSI is currently at 74, which indicates that Litecoin is nearing overbought territory in the short term. In contrast, the 7-day RSI is at 48, suggesting that over a longer timeframe, the asset is neither overbought nor oversold, while the 7-day price change reflects a slight decline of 0.10%.

Over the past 14 days, LTC has seen a more significant price drop of 9.17%, and a 30-day decline of 15.58%. This downward trend, combined with the recent small gains, indicates a potential consolidation phase or correction, as LTC is still significantly below its all-time high of $410.26.

Considering the current market conditions, LTC shows some short-term bullish signals while facing significant downward pressure in the longer term. Therefore, a cautious stance is recommended, assigning a Hold rating as the market awaits clearer indicators for a sustained recovery or further declines.