LTC Weekly Analysis Jan 21
The post LTC Weekly Analysis Jan 21 appeared on BitcoinEthereumNews.com.
Litecoin exhibits weak momentum at the $68.99 level with a 1.79% weekly decline, while the primary downtrend structure remains intact; holding the critical $65 support zone will play a key role for potential accumulation signals. Weekly Market Summary for LTC Litecoin experienced narrow consolidation in the $65.90 – $70.47 range last week and closed the week at $68.99 with a 1.79% decline. Volume profile remained low at $354.21M, indicating market participants are cautiously seeking direction. RSI at 34.51 is approaching oversold territory, while MACD’s negative histogram confirms bearish momentum. Failure to hold above EMA20 ($75.39) signals short-term trend under downward pressure. In the broader macro context, Bitcoin’s downtrend exerts additional pressure on altcoins; as an asset with high BTC correlation, LTC is directly affected by this cycle. For position traders, the main focus is whether the trend structure breaks and the potential for transitioning to an accumulation phase. Trend Structure and Market Phases Long-Term Trend Analysis The long-term trend structure shows a clear downtrend character on weekly and monthly charts. On higher timeframes (1W/1M), price is moving within a falling channel with lower highs and lower lows. The trend filter gives a bearish signal, with $79.76 resistance as the main barrier. From a market cycle perspective, the distribution phase dominates following the rally at the end of 2025; however, low RSI levels like 34.51 indicate oversold conditions, implying a potential trend inflection point. Market structure depends on breaking $71.05 resistance before reaching the $95.32 upside objective. Downside risk extends to $45.65, making the R/R ratio critical for strategic positioning. Accumulation/Distribution Analysis Volume profile and order flow analysis show potential accumulation traces in the $65.90 – $68 range, but overall distribution patterns dominate. Weekly candlestick formations (dojis and spinning tops) reflect indecision. POC (Point of Control) remained low at $354.21M volume,…
Filed under: News - @ January 21, 2026 7:29 am