Litecoin (LTC) Price Prediction for July 21, 2025
The post Litecoin (LTC) Price Prediction for July 21, 2025 appeared on BitcoinEthereumNews.com.
After a steep vertical rally from $87 to $116, Litecoin price today is retracing as profit-taking emerges near key resistance. The move follows a confirmed inverse head-and-shoulders breakout, but the failure to sustain above $115 has triggered intraday selling. Still, bullish structure remains intact above $95. What’s Happening With Litecoin’s Price? On the daily chart, LTC price broke through neckline resistance of cup & handle pattern on July 18, triggering a vertical breakout. Price spiked to $116.27 before reversing, now trading near $101.82. The current zone also coincides with historical resistance from February and a cluster of EMAs (20/50/100/200) between $90.8 and $92.5. Keltner Channel bands are widening, with the upper band at $103 and price retracing toward the midline. This confirms elevated volatility after the parabolic surge. Meanwhile, the Chaikin Money Flow remains positive at 0.14, signaling continued net accumulation despite the short-term dip. The pattern break suggests broader bullish intent remains, but sellers have stepped in strongly near $115, placing Litecoin back into the $102–$103 battle zone. Why Is The Litecoin Price Going Down Today? The question of why Litecoin price going down today is linked to both technical exhaustion and liquidity zone rejections. After breaking out above $105, LTC price action surged nearly 30% in under 72 hours. The steep move triggered a $116 rejection as price tapped the upper boundary of a long-term descending trendline. On-chain metrics from Coinglass show net inflows into LTC spot markets surged to $10.27 million on July 20, but the price failed to hold the momentum above $115. The combination of overhead resistance and exhausted upside momentum is causing a mean-reversion pullback. On the 4-hour chart, multiple trendline supports have formed near $97 and $95.9. The parabolic rise has now transitioned into a stair-step retracement structure, with the lower high at…
Filed under: News - @ July 20, 2025 5:25 pm