Can Litecoin Breakout??

Strength in the crypto market has permeated Litecoin, lifting it from the low $50's to our target of $55.84. We are currently hovering around this level, with some attempts at higher levels thwarted. We do appear to be in the midst of forming a bull flag pattern with an apex about $55.84, so we will see if we have enough in the tank for a breakout to the $60's. If not, $51.94 will provide support.