Positive market momentum is rather enjoyable to watch on a Saturday afternoon. At the same time, it tends to make a lot of people nervous, as they acknowledge this uptrend cannot be sustained indefinitely. At this rate, it seems to be a mere matter of time until the Litecoin price surpasses $100 again. There will be plenty of resistance before this happens, though.,
It would appear as if Litecoin has suddenly become the talk of the cryptocurrency industry in this week-long bull run. While other markets are gaining value as well it seems LTC does so in a more convincing and prominent manner. That is usually a good sign for Bitcoin and other top altcoins as well, albeit there is always a chance this momentum disappears in the blink of an eye.