Litecoin is retracing today after a steep vertical rise from $87 to $116. Profit-taking has emerged near key resistance. The move is a confirmation of an inverse head-and shoulders breakout, but failure to sustain above the $115 mark has triggered intraday trading. Still, bullish structure remains intact above $95.
What’s happening with Litecoin’s price?
On the daily chart, LTC broke through the neckline resistance of the cup & handle pattern. This triggered a vertical breakout. The price spiked up to $116.27, before reversing and trading at $101.82. The current zone coincides also with historical resistance from the month of February and a cluster EMAs (20/50/100/200), between $90.8 and 92.5.
The Keltner Channel is widening. The upper band is $103 and the price is retracing towards the midline. This confirms the elevated volatility following the parabolic rise. The Chaikin Money Flow is still positive at 0.14. This indicates that net accumulation continues despite the short term dip.
The pattern break indicates that a bullish trend is still in place, but sellers are now active near $115 and Litecoin has returned to the $102-$103 range.
Why is the Litecoin price going down today?
The answer to the question why Litecoin is falling today is related to both technical exhaustion as well as rejections in the liquidity zone. LTC’s price action soared nearly 30% within 72 hours after breaking out above $105. The steep move triggered $116 rejection when price touched the upper boundary of long-term trendline descending.
Coinglass’ on-chain metrics show that net inflows to LTC spot markets soared to $10.27million on July 20. However, the price was unable to maintain momentum above $115. The combination of overhead opposition and exhausted upward momentum is causing the mean-reversion.
On the 4-hour chart multiple trendlines have formed near $97.9 and $95.9. The parabolic rise is now a stair-step structure with the lower high of $105.3 as a new pivot.
Pullback or breakdown? Indicators of a healthy correction
Short-term indicators indicate a cooling phase, not a reversal. On the 30-minute chart the Parabolic SAR is now bearish, and the price has fallen below the session VWAP of $105.93. Support still holds near the anchored trendsline and prior breakout of $100.
VWAP and SAR indicate a consolidation phase. The price is testing the EMA20 near $103.91. If this fails to reclaim then expect a fall towards $97. The volume remains high, and the On Balance Volume shows net positive flows in spite of the dip.
The daily setup is still bullish from a momentum perspective. The bulls must defend the inverse H&S break near $95 as it is a pivotal point.
LTC Price Forecast: Short-Term Overview (24H).
As long as Litecoin remains above $97, there is a bullish structure with a possibility of consolidation before continuing. If $102.5 is reclaimed strongly, a retest at $105 may be possible. If you fail to hold above $100, you will be forced to take a deeper profit towards $95 and then $92.
If bulls regain control above $104,50 with volume, the upside targets are $110 and $115. The $116.27 resistance will be a critical barrier moving forward, aligned with macro trendline pressure starting in late 2024.
Litecoin price forecast table: July 21, 2025
|
Indicator/Zone |
Level/ Signal |
| Litecoin today’s price | $101.82 |
| Resistance 1 | $104.50 (VWAP/SAR confluence) |
| Resistance 2 | $116.27 (macro rejection zone) |
| Support 1 | $97.00 (ascending trendline) |
| Support 2 | $95.00 (neckline retest zone) |
| EMA Cluster (Daily) | $90.8-$92.5 (bullish alignment) |
| Keltner Channel (1D) | Upper band rejection starting at $103 |
| CMF (1D). | 0.14 (accumulation remains) |
| SAR (30 min) | Bearish, above price |
| VWAP (30 min) | $105.93 (short-term resistance) |
| Netflow (July 20, 2018) | +$10.27M (+$10,27M) (bullish inflow spike). |
| Pattern | Breakout of Inverse H&S above $95 |
This site is for entertainment only. Click here to read more