Will Litecoin (LTC) Break Through the $100 Resistance Level?

Litecoin ($LTC) surged 8% to an intraday high of $78.04 on Thursday, capitalizing on a broader market uplift following US President Donald Trump's 90-day pause on most newly imposed tariffs.

Litecoin price surged 8% to an intraday high of $78.04 on Thursday, capitalizing on a broader market uplift following US President Donald Trump’s 90-day pause on most newly imposed tariffs.

The White House described this move as a strategic adjustment, shifting from a 10% baseline tariff to increasing duties on Chinese goods, a policy shift that had previously unsettled markets.

This reprieve has sparked optimism, with Litecoin emerging as a standout performer among altcoins, trading at $73.70 with a 4% intraday gain as of 07:34 ET.

As Litecoin rallies amid a broader crypto market recovery, the question arises: Can LTC break through the $100 resistance level in a market that is becoming increasingly supportive of cryptocurrencies?

The tariff pause, signaled by the White House in a statement on Wednesday, has eased pressure on risk assets, including cryptocurrencies, which are often known to react to macroeconomic cues.

Crypto experts on X, formerly Twitter, are noting a surge in bullish sentiment as traders highlight Litecoin’s resilience and speculate on a potential push toward the $100 mark.

However, this optimism must be tempered by the broader context. Trump’s tariff strategy, while paused, remains a wildcard, and its long-term impact on global trade could still influence crypto markets.

The short-term rally suggests investor confidence in a stabilization period, but the sustainability of this momentum hinges on policy clarity and market adoption.

Litecoin’s enduring legacy and institutional backing

Litecoin’s ability to persevere through market cycles and maintain its relevance adds another layer to its case.

A recent report by CoinShares highlights that, of the over 24,000 tokens launched since 2014, LTC is one of the few survivors, ranking behind Bitcoin as the only cryptocurrency with significant valuation since 2011.

This durability is further underpinned by practical utility—data from BitPay reveals that Litecoin has been leading in transaction volume on its platform for 22 consecutive months, showcasing its role in facilitating real-world payments.

The addition of Litecoin to Fidelity’s no-fee crypto IRA in March was reported by The Block on April 2.

Also noteworthy is the pending inclusion of Litecoin in Fidelity’s no-fee crypto IRA, as reported by The Block on April 2. This move would attract long-term investors, potentially supporting a price ascent if market conditions align.

The prospect of a Litecoin exchange-traded fund (ETF) adds another layer of intrigue.

In February, Litecoin was included in the Depository Trust and Clearing Corporation (DTCC) ETF eligibility list, a procedural step that was noted by Crypto Briefing on February 19.

Later, in March, Hashdex made an amendment to add Litecoin to its Nasdaq Crypto Index US ETF, which was being reported by Cointelegraph.

In March, Hashdex amended its application for its Nasdaq Crypto Index US ETF to add Litecoin, as reported by Cointelegraph.

Moreover, Bloomberg analysts James Seyffart and Eric Balchunas estimate a 90% approval probability for major crypto ETFs by year-end, citing the regulatory parallels between these ETFs and those tracking Bitcoin and Ether, which were recently approved.

This institutional tailwind could drive demand for Litecoin, although the SEC’s historical caution on issues like market manipulation and custody risks, as highlighted by ETF.com’s Sumit Roy in Blockworks on February 11, should be considered.

The prevailing narrative of inevitable ETF approval should be questioned—regulatory hurdles remain, and past instances of delay suggest an element of uncertainty.

Technical challenges test the $100 threshold

From a technical standpoint, Litecoin faces a steep climb to regain the $100 level.

Charts from TradingView depict Litecoin consolidating in a descending channel since its peak above $140 in late 2024. A previous attempt to break through the $100 resistance in early March was met with resistance, leading to a steeper decline to test the $65 support.

The cryptocurrency is currently changing hands at $73.70, indicating a rally from the lows, but momentum indicators like the RSI Divergence, which signaled bearishness earlier this month, suggest fragility in the present recovery.

The $60-$68 range provides critical support for buyers, while a sustained move above $80 could challenge the channel’s upper boundary, setting the stage for another attempt at the $100-$105 resistance.

A broader historical perspective is provided by data from CoinMarketCap, which shows Litecoin reaching an all-time high of $412 in May 2021. However, despite its ability to rally to triple-digit levels, Litecoin has struggled to sustain these gains consistently.

Earlier this month, LiteFinance reported a 27% price drop in response to the initial