Crypto analyst Crypto Tony has identified a critical resistance level for Litecoin (LTC) at $76-$77, suggesting a potential rally if this level is flipped into support. Currently trading at $74.79, Litecoin's recent rejection from $83 highs has left it in an oversold state, with the Relative Strength Index (RSI) below 40 indicating a possible reversal. Tony's analysis, shared on social media, highlights the importance of this resistance level, which has historically acted as a barrier. A successful breakout could see Litecoin targeting $85-$90, based on Fibonacci extensions. However, failure to maintain support at $72 could lead to further declines. Litecoin's market cap stands at approximately $5.5 billion, with daily trading volumes over $300 million, amid mixed market sentiments influenced by macroeconomic factors.