Litecoin Surges 10% Breaking $88.90 Bullish Trend

Litecoin (LTC) has recently shown significant bullish momentum, with the cryptocurrency breaking above the $88.90 level. This move has flipped its market structure to a bullish trend, indicating a strong shift in market sentiment. The price is now targeting higher levels, with key resistance points at $98.36, $102.93, and $107.11 as momentum continues to build.

The $90–$92 range is now seen as a strong support and demand zone, acting as a potential entry point for traders. This zone has become crucial after recent confirmations from both structure and liquidity moves. If the price retests this zone and holds, it could offer new opportunities for upside entries.

Analysts are optimistic about Litecoin's potential for significant gains. Javon Marks, a crypto market analyst, believes that Litecoin could see much bigger gains, suggesting that LTC could rally four times from its current levels. According to Marks, the current market setup resembles the early stages of a 2017-style altcoin run. While this remains speculative, the bullish market structure shift supports the growing optimism among traders.

Market activity shows that Litecoin is no longer range-bound, with buyers stepping in, especially after the July 12 sweep confirmed liquidity grab patterns. With volume holding steady and price closing in on $98, attention now turns to how the asset behaves at that mark. If the rally continues as expected, Litecoin may retest its previous highs, with targets at $102.93 and $107.11 now in play. Momentum is building, and the chart suggests this may just be the beginning of a significant upward movement for Litecoin.