# Litecoin price rebounds but stays below key moving averages

> Litecoin price rebounds but stays below key moving averages.
- Title: Litecoin price rebounds but stays below key moving averages
- Summary: Litecoin price rebounds but stays below key moving averages. Litecoin gained 4.46% to $60.92 but remains below four short-term moving averages.
- Keywords: litecoin, moving averages, price, relative strength index, technical analysis, trading, crypto, finance, rebounds, stays, below, key
- Source: TokenPost — https://tokenpost.com/news/investing/33364
- Published: 2026-10-16T16:49:10+00:00
- Read time: 1 min
- Topics: litecoin, moving averages, price, relative strength index, technical analysis, trading, crypto, finance
## Litecoin price rebound
Litecoin gained 4.46% over 24 hours to $60.92 in an Oct. 16 snapshot.
## Price below four moving averages
The price was below its 7-day SMA of $61.74, 20-day SMA of $65.88, 12-day EMA of $63.00 and 26-day EMA of $63.15.
## Momentum readings mixed
The daily RSI was 44.01, MACD line and signal both -0.1480 with zero histogram, and stochastic readings 24.64 for %K and 19.71 for %D.
## Key takeaway

Litecoin gained 4.46% to $60.92 but remains below four short-term moving averages.