HomeNewsLitecoin Tests $57 Resistance Amid Mixed Bullish-Bearish Signals

Litecoin Tests $57 Resistance Amid Mixed Bullish-Bearish Signals

-

Litecoin shows mixed technical signals on February 21, 2026, trading near $56. Analysts note bullish momentum must hold above $57 resistance for a potential move toward $68, but bearish indicators like a low RSI and negative MACD suggest persistent selling pressure. The cryptocurrency’s performance relative to Bitcoin is seen as a key factor for its near-term direction.


Litecoin is presenting conflicting technical signals as of February 21, 2026. The cryptocurrency gained 2.63% to trade at $55.96, yet faces significant bearish pressure according to key indicators.

Analyst CRYPTOWZRD shared a prediction for LTC relative to Bitcoin, suggesting possible further growth. The daily candles for Litecoin ended strongly bullish, indicating potential upside action.

Markets remain volatile on an intraday basis. For a stable uptrend, Litecoin needs to hold above the $57.00 resistance level.

Technical analysis shows the Relative Strength Index at 30.10, nearing oversold territory. Price action remains well below key moving averages, reinforcing a bearish trend.

The Moving Average Convergence Divergence indicator also supports a bearish view. The MACD line sits at -11.62 below its signal line, with a negative histogram confirming selling pressure.

Litecoin’s 24-hour trading volume was $755 million with a market capitalization of $4.24 billion. A decrease in Bitcoin Dominance could positively impact the LTC/BTC pairing.

LATEST POSTS

Record “Bitcoin Is Dead” Google Searches Spark Market Reversal Hopes

Google searches for the phrase "Bitcoin is Dead" have surged to levels not seen since the collapse of FTX in late 2022, according to social...

Plunging Google Search Interest Suggests Crypto Market May Be Nearing Exhaustion

Cryptocurrency market sentiment remains deeply bearish, with February marking the fifth consecutive month of decline. An analysis of Google search interest for "crypto" shows it...

Ethereum Whales See Negative Profits as Exchange Supply Climbs

Ethereum is under pressure as key data indicates large holders are now facing losses across all major cohorts. According to analyst Darkfost, the unrealized profit...

BRICS Considers Further Expansion in 2026, Aiming to Strengthen Bloc’s Economic Power

BRICS, the 11-nation economic bloc, is actively considering further expansion, with a formal discussion planned for its 2026 summit. Russian Deputy Foreign Minister Sergey Ryabkov...

Most Popular

spot_img