LTC Shows Bullish Momentum with 10% Surge as $90 Support Holds Strong

Litecoin (LTC) has demonstrated a strong bullish reversal, surging 10% in under 72 hours as the $90 support level holds firm. This rebound, coupled with rising open interest, paints a constructive technical outlook for the altcoin. The consistent bounces off ascending trendline support since April highlight persistent buying pressure, suggesting institutional accumulation at these levels. As of May 24, 2025, LTC is trading at 99.08000000 USDT, signaling potential for further upside.

Litecoin Surges 10% as Key $90 Support Holds Firm

Litecoin’s bullish reversal from the $90 demand zone signals strengthening momentum. The altcoin’s 10% rebound in under 72 hours coincides with rising open interest, painting a constructive technical picture.

Three consecutive bounces off ascending trendline support since April demonstrate persistent buying pressure. This week’s rejection mirrors previous bullish reactions, suggesting institutional accumulation at these levels.

The rally aligns with broader altcoin strength, though LTC’s outperformance highlights its unique technical setup. Market makers appear to be defending the $90 level aggressively, creating a springboard for potential upside toward $110 resistance.

HashFly Cloud Mining 2025: Secure Bitcoin Mining without Hardware

HashFly, a cloud mining platform established in 2013, has positioned itself as a trusted player in the Bitcoin mining space. With over 1 million users across 200+ countries, the service caters to both beginners and seasoned investors seeking passive crypto income without the hassle of hardware management.

The platform enables users to mine Bitcoin, Ethereum, and Litecoin by renting high-performance equipment hosted in global data centers. By eliminating the need for expensive ASIC machines and mitigating concerns around electricity costs or overheating, HashFly simplifies the mining process through prepaid plans.

As bitcoin adoption grows and mining complexity increases, cloud mining solutions like HashFly’s could gain traction among retail investors. The service combines advanced mining technology with automated payouts, though users should carefully evaluate cloud mining’s profitability against direct asset accumulation.