$LTC /USDT – Sharp Collapse: Price Plummets from $147 to $64

#Litecoin has suffered a severe downturn, crashing from the $147 mark all the way down to $64.75—a staggering drop of over 55%. This isn’t just a dip—it’s a full-scale breakdown that’s erased months of bullish progress.

Breakdown Overview:

Top Range: $145–$147

Current Price: $64.75

24-Hour Drop: -21.12%

The weekly chart is bleeding red, with consecutive bearish candles and zero signs of recovery so far. Once LTC lost the key $87 level, it triggered a cascade into the low $60s, now teetering near another crucial support area.

What’s Driving the Fall?

This plunge is fueled by broader crypto market panic and macroeconomic pressures, including global risk-off sentiment and tariff-related selloffs.

Key Support Levels:

Immediate Support: $64–$60 — a historically significant pivot zone

If Broken: Watch for potential moves toward $55–$50

Final Thoughts:

This is one of Litecoin’s steepest pullbacks since 2022. While long-term holders might start looking at this zone for possible accumulation, the overall trend remains heavily bearish. Until we see a shift in momentum backed by volume and reversal signals, caution is key.

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