Litecoin (LTC) is showing mixed signals, with bullish indicators facing increasing selling pressure on February 21, 2026. According to analysts, holding key resistance is essential for further price increases, with Litecoin’s performance relative to Bitcoin potentially impacting price direction.
At the time of writing, Litecoin is trading at $55.96, with a 24-hour trading volume of $755.21 million and a market capitalization of $4.24 billion. Over the last 24 hours, LTC has gained 2.63%, signaling positive momentum despite broader market uncertainty.
Litecoin Momentum Signals Bullish Trend
On February 21, 2026, a crypto analyst, CRYPTOWZRD, shared a bullish prediction for LTC relative to Bitcoin. LTC/BTC went up today, and there is a possibility of further growth, which could mean good news for Litecoin. Staying above today’s intraday resistance of $57.00 could mean upside, or a pullback followed by a reversal could mean growth opportunities.
The daily candles for Litecoin and LTC/BTC ended up strongly bullish, suggesting that there could be further upside action. A decrease in Bitcoin Dominance could result in LTC/BTC moving up, reaching $68. Currently, Litecoin is facing resistance at $56, and investors are keeping a close eye on intraday charts over the weekend.
Despite the advances, markets are still volatile on an intraday basis. Looking at the technicals, Litecoin needs to hold above $57.00 if it wants to continue with a stable uptrend.
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Litecoin Faces Bearish Pressure
LTC has seen some short-term gains, but overall selling pressure appears to persist. Currently, LTC is valued at $55.03, with an RSI of 30.10, which is close to the oversold zone and reflects low momentum. The moving average of the RSI is 36.74, which shows recent growth.
Price levels are also well below the key moving averages ribbons (MA Ribbon) like the 20 SMA at 80.12, the 50 SMA at 91.18, the 100 SMA at 89.13, and the 200 SMA at 81.53, suggesting a bearish trend.
The MACD indicator is also supporting the bearish view. The MACD line is at -11.62, which is below the signal line at -8.53, with a negative histogram of -3.09, which confirms that selling pressures are still dominating.
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