Litecoin (LTC) is currently priced at $86.61, reflecting a modest 24-hour increase of 2.50%. The daily trading range has been relatively stable, with a high of $87.49 and a low of $83.54, indicating a volatility of 3.95%.

Volume stands at approximately $601.99 million, contributing to a volume-to-market cap ratio of 9.08%, which suggests decent market activity. The short-term moving averages show mixed signals, with the 8 SMA at $86.52 indicating a slight upward movement, while the 13 SMA at $86.63 shows a marginal decline.

The Relative Strength Index (RSI) on the hourly chart is at 42, suggesting that LTC may be approaching oversold conditions, while the 7-day RSI of 54 indicates a neutral market sentiment. However, the price has declined over the last week by 6.51%, and further significant drops of 13.95% and 15.29% over the 14-day and 30-day periods respectively raise concerns about bearish momentum.

LTC is currently trading significantly below its all-time high of $410.26, set in May 2021, indicating long-term downtrends. This prolonged bearish trend, combined with the recent price action and volume dynamics, suggests a lack of strong upward momentum in the near term.

Given the mixed signals from the moving averages and RSI indicators, coupled with the recent price declines, a cautious approach is warranted. Therefore, the recommendation is to Hold LTC at this time, observing for signs of stabilization and upward movement before considering any buying opportunities.