Long

Historical movment suggests big rise, all depends on BTC moves

Of course BTC movement is crucial to LTC behavior, so it all depends on what BTC will do.

Breaking .02 resistance would hint the next major step up. But we have to mind other alts like DRK, BC, NXT and maybe some others competing with LTC this time around. Features that are provided with other alts are significantly advanced compared to LTC being only a scrypt clone of BTC.
LTC

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