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Litecoin Smashes Through $90 – Can the Rally Hold?

Litecoin Smashes Through $90 – Can the Rally Hold?

Author:
Coindesk
Published:
2025-06-03 15:06:01
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Litecoin Breaks $90 Barrier as Traders Watch for Sustained Momentum

Litecoin bulls are charging as LTC punches past the $90 resistance level. Traders now face the real test: whether this is another dead-cat bounce or the start of a sustained uptrend.

Silver to Bitcoin’s gold just got shinier—but Wall Street ’experts’ still won’t admit they missed the boat.

Technical Analysis Overview

  • From a technical perspective, Litecoin has shown solid footing, according to CoinDesk Research’s technical analysis data model.
  • A strong support zone formed around $87.90, with volume spikes during key trading windows. Traders noted a double top pattern near $89.60 and a selloff that briefly pushed prices to $89.20 before buyers regained control.
  • The session closed with price consolidation near $89.32, a sign the market is still digesting recent moves.
  • If support levels hold, Litecoin could see renewed attempts to challenge and maintain levels above $90 in the coming days.

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