Litecoin (LTC) Price Prediction for July 21, 2025: $116 Rejection Cools Rally as Bulls Eye $102 Support
Main Idea
Litecoin (LTC) price retraces after a rally to $116, with bulls focusing on $102 support amid technical resistance and profit-taking.
Key Points
1. Litecoin price surged from $87 to $116 before retracing to $101.82 due to profit-taking near key resistance.
2. Technical indicators show a bullish structure remains, with support levels at $97 and $95.9, and resistance at $104.50 and $116.27.
3. The price rejection at $116 is attributed to technical exhaustion and liquidity zone rejections after a 30% surge in 72 hours.
4. Short-term outlook suggests a bullish structure if Litecoin holds above $97, with potential upside targets at $110 and $115 if $104.50 is reclaimed.
5. Key technical levels include EMA cluster at $90.8–$92.5, Keltner Channel upper band at $103, and Chaikin Money Flow at 0.14 indicating accumulation.
Description
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? LTC price dynamics (Source: TradingView) On the daily chart, LTC price broke through neckline resistance of cup & handle pattern on July 18, trigg...
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