No.  Can you people honestly not yet see the inverse correlation between 99% of all coins, but especially scrypt coins, and Bitcoin?  You really think any of this bounce is related to Litecoin? 

That's absurd.

Have you not noticed that Litecoin, DigitalCoin and almost every other coin out there began going up the very hour that Bitcoin started its profit taking sell off a few days ago?

So no, it has nothing to do with Litecoin or any other coin and mark my word, as I said this nearly 2 months ago, the Bitcoin effect will swing back the other way in a few weeks and Bitcoin will run towards $300 which will mean much, much lower lows for Litecoin, DigitalCoin and 99% of all other alt coins.

Find that one coin which is positively correlated and you stand to make millions [in the coming year] on the coming Bitcoin run to $1,000+.

As for DigitalCoin, unless Baritus and his investors find and execute a plan to offset the Bitcoin effect then there is no floor for DGC [not for Litecoin] - as the Bitcoin pressure will continue, and it will only get more powerful, until there is nothing left and there are no services or goods you can offer to offset that massive downward pressure so a Plan B is absolutely necessary.