As we expected yesterday we got a nice move up and will continue to see a bullish undertone for the next couple days until it test the downward trend line. I expect to see it retest this trend line one last time before breaking through on the upside and making its next big move up. It is still a good price to enter if you still haven't gotten in as there is plenty of upside potential.
I will post a longterm trend analysis as well as a daily analysis for the top comment below tomorrow along with my daily update on Litecoin.