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LTC big dump 22% to 98 USD Analysts warn it may fall to 76 USD
[Coin World] Litecoin (LTC) fell 22% against the backdrop of a big dump in the market, to $98.90, erasing recent gains and failing to break through the resistance level of $143. Trading volume surged 125% to $3.95 billion, while $10.58 million in outflows and $2.02 million in long positions indicate that the market is absorbing funds. Analysts warn that if LTC cannot recover to $105, its price may fall 20% to $76, but some analysts also predict a long-term target price of $750.