Litecoin faces 22% decline – is a plunge to 76 USD on the horizon?

Litecoin saw a sharp 22% price drop triggered by a broader market crash, with current trading around 98.90 USD.

Traders are showing optimism despite bearish trends, as the trading volume surged over 125% with significant outflows indicating accumulation.

Technical analysis indicates if LTC cannot reclaim the 105 USD level soon, it may fall further to 76 USD.

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