Can Litecoin Get to $60?

Litecoin rocketed higher with the rest of the crypto markets following expectations of a Fed rate hike tapering. We soared through the vacuum zone, rocketing from support at $51.92 and even broke through our target at $55.84, which frankly we thought was a long shot. Currently, we are above this level, hovering in the $57's. We have encroached upon another vacuum zone to $61.75, which is ambitious, and require another rally like we saw yesterday. If that doesn't work out, expect support at $55.84, or $51.92.