After forming a base above the $80 level, Litecoin’s price started a fresh increase against the US Dollar. LTC price broke the $85 resistance to start the current rally. There was a break above a key bearish trend line with resistance near $86.20 on the 4-hour chart of the LTC/USD pair. The pair rallied over 10% and outperformed both Bitcoin and Ethereum. It even climbed above the $92 level. A high is formed near $95.85 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $81.70 swing low to the $95.85 high.