Litecoin (LTCUSDT) Market Overview – August 21, 2025

• Litecoin (LTCUSDT) broke above a key 15-minute resistance at $116.50 before retracting, forming a bearish harami pattern at the session high.
• Momentum turned bearish as RSI oversold levels were approached, with volume surging during the downward leg.
• Volatility expanded through a broad $1.30 range, with price closing near the lower Bollinger Band at 12:00 ET.
• On-chain activity surged during the 02:00–04:00 ET window, indicating increased positioning amid mixed candlestick signals.
• A Fibonacci 61.8% level at $115.84 acted as strong support, with price bouncing off this level twice in the last 4 hours.

Litecoin (LTCUSDT) opened at $115.79 on 12:00 ET -1 and traded as high as $117.11 before closing at $114.13 at 12:00 ET. Price action saw a $1.30 range, with total volume of 143,554.91 LTC and a notional turnover of approximately $16.47 million over the 24-hour window.

Structure & Formations

LTCUSDT exhibited a strong bearish reversal at the session high with a harami pattern forming above $116.50. A 61.8% Fibonacci level at $115.84 appeared to anchor the price in the afternoon and evening, preventing further losses. A bullish engulfing pattern briefly emerged at $114.50 during early ET hours, indicating a temporary reversal before bearish pressure returned.

Moving Averages

On the 15-minute chart, the 20-period MA crossed below the 50-period MA, forming a death cross, while the daily chart showed the 50-period MA above the 100-period and 200-period MAs, suggesting medium-term bullish bias. Price remains below the 20-period MA on the 15-minute chart, indicating short-term bearish momentum.

MACD & RSI

MACD turned negative in the afternoon and closed in bearish territory, confirming the downward move. RSI dropped to 29 by 12:00 ET, signaling oversold conditions, though a bounce is not always a reliable reversal signal without confirmation. Momentum appears to be weakening with bearish divergence in the MACD histogram.

Bollinger Bands

Volatility increased significantly during the session, with Bollinger Bands expanding to a width of 2.66% at peak. Price closed near the lower band at $114.13, suggesting potential for a rebound, but caution is warranted given the strong bearish structure formed earlier in the session.

Volume & Turnover

Volume surged in the early hours of the morning, with a high of $117.11 coinciding with a 7,914.55 LTC bar. The largest notional turnover occurred between 02:00 and 04:00 ET, when the price moved from $116.37 to $116.24 and back to $116.55. A notable divergence appeared between price and volume during the final 2 hours, suggesting a possible pause in the downward move.

Fibonacci Retracements

Key levels from the $114.13–$117.11 move were $116.13 (38.2%), $115.63 (50%), and $115.13 (61.8%). Price tested $115.63 twice in the last 4 hours but failed to hold above, reinforcing the 61.8% level as a key support. A break below $114.52 (78.6%) would open the next level of Fibonacci support at $113.63.

Litecoin may continue to test the $115.13–$114.52 range in the next 24 hours, with the 61.8% level offering potential support. However, traders should remain cautious, as bearish divergence and declining volume may indicate exhaustion. A strong bounce above $116.50 would be a high-probability reversal signal.