The ltc/btc pair has just broke up a long term downtrend channel and litecoin is very likely gonna have a strong bull-run in the next couple of weeks. With Paypal allows Americans to pay with Litecoin, this opens a huge opportunity for this coin to gain more adoption and recognition. After everything's said and done, it would not be a surprise to see 1 litecoin at 4 digits ( 1000$ minimum )