Analysis of Litecoin (LTC) shows that the digital asset has been on an upward trend as of March 30. According to CoinMarketCap's listings, it is currently ranked 7th in terms of market capitalization. On the local chart, buyers are attempting to break the resistance at $90.15, in order to open up a path to a possible test of the $92 zone. The daily time frame shows price action within the walls of a defined channel, between the supports at $85.58 and $94.54. Meanwhile, the weekly chart shows the rate of Litecoin (LTC) closer to the resistance, and if it maintains itself within the range of $90-$100, we could expect a breakout and a surge towards the $110 level. As of press time, Litecoin (LTC) is changing hands at $89.29.

Litecoin (LTC) has been showing an overall positive momentum in recent days, as buyers remain determined to break the resistance at the $90.15 level. This could potentially open a path for the asset to test the $92 support level, though it has yet to cross. The daily chart indicates ongoing consolidation between the $85.58 and $94.54 price zones. If the digital asset can sustain itself at the current levels and stay within the range of $90-$100, such movements can lead to a breakout, allowing it to surge up to $110. To conclude, Litecoin (LTC) is currently trading at $89.95 and is still ranked 7th in terms of market capitalization.



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