I think I read somewhere that this rise is because Litecoin will implement the Mimblewible protocol, sorry if I spell this wrong. In this case and as I wrote another post this is what Litecoin must do to go up. Not just get comfortable that it is high on the top but make sure that it keeps us interested. Same goes for all coins, they must have substance and good use.
If Litecoin does this then it will see good prices the next bull run.