Litecoin Climbs Above $90 as Analysts Monitor Momentum for Further Gains
Litecoin Rebounds Past $90 as Global Macro Forces Reshape Investor Outlook
Litecoin (LTC) crossed the $90 threshold during Thursday’s trading session, gaining 2.1% in 24 hours as shifting macroeconomic signals and renewed risk appetite buoyed the broader crypto market.
The rally came as investors processed two key developments: a new wave of U.S. tariffs announced by President Trump, and eurozone inflation figures falling below the European Central Bank’s target — both of which stirred speculation about upcoming monetary easing in Europe and its global implications.
Although LTC later pulled back slightly to hover around $89.30, analysts view the breakout as technically significant. The coin had been consolidating near $87.90, and its ability to push past a key psychological resistance level hinted at deeper bullish conviction.
LTC Charts Eye Potential Breakout
Technical signals point to a tightening range and building pressure, with higher lows forming over the past several sessions. Market watchers noted a brief dip after hitting a local double top near $89.60, followed by quick recovery — a signal that buyers remain active.
“With the eurozone looking increasingly dovish and the U.S. introducing fresh trade friction, assets like Litecoin are seeing renewed interest as part of a broader rotation into alternative plays,” one analyst noted.
If global monetary expectations continue to tilt dovish and risk-on sentiment holds, Litecoin could see a sustained move above $90 — and potentially test new local highs.
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