Can Litecoin (LTC) reach $50 ?

Litecoin had a nice rally from 1st Jan this year (37%) and all signs told us that we will see more.
After the last rise from yesterday, there was a retracement to fibonacci level 23.6 ($38), and from there are two ways, another drop to the support line and a bounce or a rise to the resistance line and resistance level .
Anyway, any breakout will give us a better picture.
So…$50 is near?

Cheers!
@Zekis

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