Litecoin (LTC) has slipped below the crucial $80–$84 support range, intensifying its bearish trajectory. The cryptocurrency experienced a 7.5% decline within five hours on Thursday, reaching a low of $72.64. Traders are closely monitoring the $73 level for potential recovery, though the current momentum remains weak.
The breach of this significant support level has amplified bearish sentiment, with potential further declines to $66 or $59 if resistance is not reclaimed. Despite some liquidity suggesting a short-term bounce, a substantial reversal appears unlikely without a positive shift in Bitcoin's market direction.
Litecoin Drops Below $80 Amid Heightened Volatility
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