New high for the month broken after May saw established support. This particular jump within the last few hours has a pump to it, and I expect to see it breaking $17 soon.
If it breaks the upper red line, prepare for a major run as this marks the upper boundary of our highly tense coil we've been in for all this time.
It could also experience a dump if the market movers suppress the price again. However Deustche bank is in ultra trouble at the moment.