Litecoin reclaims $90 support – so what’s stopping LTC’s rise to $110?

Litecoin (LTC) has rebounded to reclaim the 90 USD support following a 10% price surge. The combined influences of an upward trendline and demand zone have attracted buyers, creating a bullish short-term outlook.

With Open Interest in futures rising by 13% to reach 685 million USD, increased market activity reinforces the bullish sentiment. Monitoring trading volume and indicators for bearish divergences is essential as LTC approaches the psychological resistance level of 110 USD.