On August 20, 2025, Bitcoin processed $24.41 billion in daily transaction value, while Litecoin settled $12.39 billion, according to blockchain data.
Market analyst Jonny Litecoin emphasized the comparison, noting that Bitcoin’s market capitalization is roughly 250 times larger than Litecoin’s, yet the network only moved about twice the transaction value in the past 24 hours.
The chart tracking USD value sent per day shows Bitcoin’s transaction volume fluctuating between $20 billion and $45 billion over the past three months. Litecoin, meanwhile, maintained steadier volumes between $8 billion and $13 billion, gradually trending upward through August.
These figures fuel the argument that Litecoin remains undervalued compared to Bitcoin when measured against the relative volume of funds transferred on each blockchain.
Litecoin Tests Falling Wedge Pattern Near $115
Litecoin (LTC) is trading at $115.33 after forming a falling wedge pattern on the hourly chart. The wedge, a bullish reversal formation, has been in play since August 14 when LTC dropped from $134.19 to a low of $112.11.
The chart from Binance shows that price action has compressed within two converging downward trendlines, with resistance near $115.86 and support around $111.00. A breakout above the upper boundary could confirm the pattern and potentially trigger a sharp upward move.
Falling wedges often indicate trend reversals after extended declines. If the breakout is validated with higher trading volume, analysts suggest Litecoin may target recovery levels well above current trading ranges. The move could shift momentum back toward mid-August levels near $130.
At press time, LTC recorded a 0.46% daily gain, with intraday highs at $116.76 and lows at $112.11, alongside a 24-hour trading volume of 417,574 LTC ($47.72 million USDT).
Litecoin Forms Falling Wedge With 30% Upside Potential
On August 21, 2025, Litecoin traded near $115.04 while forming a falling wedge pattern on the four-hour LTC/USD chart. This structure developed after the peak earlier in mid-August, where the price reached above $134 before trending downward. The falling wedge pattern, which occurs when both resistance and support lines slope downward while converging, often signals a potential bullish reversal. It reflects weakening selling pressure as price compression narrows toward a breakout point.
The chart shows Litecoin consolidating within the wedge, with resistance close to $118.32 marked by the 50-period exponential moving average. If the breakout confirms, historical price behavior suggests a possible rally toward $149.44, representing nearly a 30 percent increase from current levels. Such a move would recover losses from the August decline and push Litecoin back to its previous resistance range.
Volume remains relatively steady, indicating market participants are closely watching the wedge structure. A breakout above the descending resistance line would likely validate the bullish reversal and provide momentum for an upward push. Until confirmation occurs, price action will continue testing the narrowing pattern boundaries.
Litecoin RSI Signals Weak Momentum
On August 21, 2025, Litecoin’s Relative Strength Index (RSI) on the daily chart stood at 43.70, while the RSI-based moving average registered 40.40, according to TradingView data. The RSI, which oscillates between 0 and 100, measures the speed and magnitude of price changes to assess momentum.
An RSI below 50 typically signals bearish or weakening momentum, while levels above 50 show strengthening buying pressure. With Litecoin holding below the midpoint, the indicator suggests the market remains under mild selling pressure. The reading near 40 aligns with neutral-to-bearish sentiment rather than extreme oversold conditions, which occur below 30.
Over the past two months, the RSI has fluctuated between 30 and 70, showing repeated swings without breaking into extreme zones. This range-bound behavior indicates consolidation rather than clear directional strength. For bullish momentum to return, RSI would need to push above 50 alongside increasing trading volume. Until then, the indicator signals limited momentum, leaving Litecoin vulnerable to sideways or slightly downward price action.
Litecoin MACD Points to Weak Recovery Momentum
On August 21, 2025, Litecoin’s MACD (12, 26, close) showed the main line at -1.10 and the signal line at -1.48, with the histogram slightly positive at 0.38, according to TradingView data. The MACD indicator, which tracks the relationship between two moving averages, is used to assess trend direction and momentum.
The recent histogram shift into positive territory suggests early signs of bullish momentum returning after a period of negative values. However, both the MACD and signal lines remain below zero, indicating that the broader trend still leans bearish. For a stronger confirmation of upward momentum, the MACD line would need to sustain above the signal line while both move toward positive territory.
Over the past two months, the chart shows repeated swings between bullish and bearish phases, with strong peaks in late July and early August followed by sharp declines. The current setup reflects a weak recovery attempt, with momentum still fragile. A decisive crossover supported by increasing volume could reinforce a trend shift, while failure to hold positive histogram levels may lead to renewed downside pressure.
