This is a warning to anyone still holding or planning on buying LTC:
The next support (22) will 1000% likely break, the support thereafter (16) will most definitely break also.
Litecoin is a Chinese ponzi scheme/scam and it was dumped to this level by its creator Charlie Lee & his co-scammer Xinxi Wang. If you are still holding LTC: this is genuine warning to sell your entire stash asap because this coin is a shitcoin and will retrace 100%.
RIP all the gullible fools who bought this coin anytime last year. You will NOT break even, let alone make a profit.
Mark my words.
Bear market for LTC has only just begun. Short this on 100x leverage or cry later.