The LTC/USD pair rallied slightly during the evening, bouncing off of the $10 level. With the psychological significance of $10, I believe that this market is going to continue to try to grind higher, and the first target would be $12. A break above there should send this market to the $13.50 level above which was the recent high. Pullbacks should continue to offer short-term buying opportunities. Ultimately, this market should break out as we have seen so much bullish pressure all the way down to the $7 level.