To me it looks like Peercoin has exited the downtrend lasting from it's former ATH and has entered a new, mature market epoch.
PoW difficulty chart seems to support this thesis:
So does the PoS difficulty chart, which shows that more and more Peercoins are participating in...
Litecoin is lagging behind the market (visible by the LTC-BTC ratio), while LTC-USD chart shows strong accumulation.
I expect up to 50% bounce above the resistance as Litecoin whales try to keep up with the overall crypto market.
Very nice setup, one of those you print on a nice paper and place on the wall to admire.
This is by-the-book moonshot setup. Should play out in next couple of months.
Check that volume.
Target is anywhere north of 60c and up to a dollar, setup is invalidated bellow 15c.