Litecoin Clings to $60

Litecoin has broken out to higher levels in the $60's. We hit $64.37 exactly, but then promptly retraced back to lower levels. We broke through support at $61.75, but are currently finding support at $60 or so. If we are not able to hold $60, then there is a vacuum zone back to $55.84. Pay attention to stocks and Bitcoin, as these assets will provide a glimpse into potential action with LTC.