Technical Analysis

LTC Comprehensive Technical Review: 20 January 2026 Full Analysis

LTC

LTC/USDT

$68.94
+0.17%
24h Volume

$312,941,358.42

24h H/L

$69.71 / $66.03

Change: $3.68 (5.57%)

Long/Short
80.3%
Long: 80.3%Short: 19.7%
Funding Rate

+0.0012%

Longs pay

Data provided by COINOTAG DATALive data
Litecoin
Litecoin
Daily

$69.05

0.83%

Volume (24h): -

Resistance Levels
Resistance 3$76.8899
Resistance 2$74.255
Resistance 1$69.6767
Price$69.05
Support 1$68.4717
Support 2$65.58
Support 3$52.4886
Pivot (PP):$69.0567
Trend:Downtrend
RSI (14):34.8
CR
COINOTAG Research
(11:01 AM UTC)
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Litecoin (LTC) is trading within a strong downtrend. Current price at $69.43, below short-term EMAs and Supertrend resistance at $81.25 giving bearish signal. RSI at 32.31 near oversold region, but MACD with negative histogram shows weak momentum. Critical supports $68.57 and $65.60; breakdown could lead to $45.65 bearish target. Bitcoin's sideways movement creates a cautious environment for altcoins – overall outlook bearish, opportunities for short positions in focus.

Executive Summary

Litecoin market is exhibiting a clear downtrend as of January 20, 2026. Current price at $69.43, down %-0.84 in the last 24 hours, trading in the $68.95-$71.73 range. Volume at $282.57M is moderate, but the downtrend dominates. Supertrend bearish (resistance $81.25), price below EMA20 ($76.28). RSI 32.31 gives oversold signal, but MACD bearish and multi-timeframe 13 strong levels resistance-focused (1D: 2S/2R, 3D: 0S/3R, 1W: 3S/4R). Bullish target $95.32 (low score 31), bearish $45.65 (score 22). Bitcoin sideways but Supertrend bearish – high correlation risk for LTC. Strategically, support breakdowns offer short opportunities; above $70.73 resistance should be tested. Risk/reward favors bearish scenario.

Market Structure and Trend Status

Current Trend Analysis

LTC's overall trend structure is in a clear downtrend. Price action has broken the higher highs and higher lows structure, evolving into lower lows and lower highs pattern. Short-term (1D/4H), no close above EMA20 ($76.28); price is stuck below this level. Supertrend indicator giving bearish signal and $81.25 resistance level forms a strong upper bound. Medium-term (3D/1W), trend continues in down channel – confirmed by rejection from recent high $71.73. Multi-timeframe analysis shows distribution of 13 strong levels: balanced daily (2 supports/2 resistances), resistance-heavy 3-day (3R), weekly supports increasing but (3S/4R) overall bearish bias preserved. This structure indicates weak buyers and ongoing seller dominance.

Structural Levels

Structural levels define the market architecture. Lower boundary of main down channel around $65.60 (score 74/100), upper boundary $73.23 (score 61/100). Fibonacci retracements (from last swing high-low) position %38.2 level at $70.73 (score 73/100) as resistance. Pivot points and volume profile-derived levels highlight $68.57 (score 65/100) as nearby support. Breakdown scenarios: below $68.57 to $65.60, then to $45.65 bearish target; above $70.73 breakout could lead to $73.23 test. These levels emphasize market fragility – downtrend continuation likely.

Technical Indicators Report

Momentum Indicators

RSI(14) at 32.31, approaching oversold region (below 30) – short-term bounce potential, but no divergence (RSI not holding as price makes new lows). MACD line below signal line, histogram negative and expanding; bearish momentum increasing. Stochastic %K crossover below %D completed, Williams %R at -85 gives oversold signal but weakened by trend filter. Overall momentum bearish, but RSI oversold carries short squeeze risk.

Trend Indicators

EMA crossovers bearish: Price below EMA20 ($76.28), EMA50, and EMA200. Death cross (EMA50 DI+), downtrend strength high. All trend indicators giving sell signals – excellent confluence.

Critical Support and Resistance Analysis

Supports: $68.5700 (score 65/100, volume cluster + Fib %50), $65.6048 (score 74/100, channel bottom + swing low). Break below leads to next $55-60 range, ultimate bearish target $45.6542 (score 22). Resistances: $70.7350 (score 73/100, pivot R1 + Fib %38.2), $73.2279 (score 61/100, EMA20 + channel top). $81.25 Supertrend resistance main barrier. These levels synthesized from 1D/3D/1W timeframes – high scores are reaction zones. Price at $69.43 near $68.57; if it doesn't hold, cascade risk exists.

Volume and Market Participation

24h volume $282.57M, slightly down from previous days – declining volume in downtrend confirms weak buyer participation. Volume profile POC around $70.00, below price; high volume nodes at $65-68 supports. OBV in downtrend, Chaikin Money Flow negative – capital outflow dominant. Breakouts confirmed with increasing volume; current low participation supports trend continuation. Spot and LTC Spot Analysis volume healthy, futures (LTC Futures Analysis) open interest declining – short squeeze low probability.

Risk Assessment

Risk/reward calculation: From current $69.43, bearish target $45.65 (1:1.5 R/R, %34 downside), bullish $95.32 (%37 upside, low score). With downtrend bias, shorts favored (stop above $71.73 high). Main risks: RSI oversold bounce ($70.73 rejection), BTC rally. Volatility moderate (ATR ~$2.5), position sizing %1-2 risk. Fragile supports carry cascade risk – below $68.57 high conviction short. Overall risk low in bearish scenario, bullish reversal low probability.

Bitcoin Correlation

LTC shows high correlation with BTC (%0.85+). BTC at $91,228 (-1.94%) sideways, but Supertrend bearish – caution for altcoins. BTC supports $90,920/$88,187/$84,681; breakdowns push LTC below $65. Resistances $92,454/$94,151; BTC breakout could trigger LTC $73+. BTC dominance stable, but bearish Supertrend reinforces LTC downtrend. Watch: BTC below $90k – LTC $45 target activates.

Conclusion and Strategic Outlook

LTC's full technical picture is bearish: Downtrend, indicator confluence (except RSI oversold), structural resistances, and cautious BTC context strengthen short bias. Strategy: Short below $68.57 (targets $65.60/$45.65, stop $70.73); for long, wait for close above $70.73 ($73.23 test). Risk management critical – hedge positions with BTC levels. Lack of news increases technical dominance. Short-term consolidation, medium-term downtrend continuation expected. Investors should follow spot and futures analyses.

This analysis uses the market views and methodology of Chief Analyst Devrim Cacal.

Crypto Research Analyst: Michael Roberts

Blockchain technology and DeFi focused

This analysis is not investment advice. Do your own research.

CR
COINOTAG Research

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