Litecoin Technical Analysis: LTC/USD bears take a sky dive lower, after key near-term support of $80 was firmly cleared, $75 now eyed, otherwise big trouble

• Litecoin price sky dives to the south, dropping as much as 7% on Tuesday.
• LTC/USD clears major near-term support ion the $80 region, eyes now on $75.
• Mass crypto prices cooling seen across the board, no sign of slow down for now.  

LTC/USD 30-minute chart

Spot rate:                    76.739

Relative change:        -6.61%

High:                           82.451

Low:                            76.440
 

Trend:                         Bearish

Support 1:                 75.000, demand zone and 15th July lows.

Support 2:                 74.309, support on 30-minute chart & 12th July low.  

Support 3:                  73.209.consolidation area seen 29th June.  

Resistance 1:            79.600,  previous demand zone.

Resistance 2:            79.770, 30th July low.  

Resistance 3:            80.990, 50MA.