If you took a look at the Bitfinex/Cryptsy orderbooks around .011 before the little breakout, even at the same volume it would have reached .015-.014+ eventually, there were nearly no sells all the way up to .0125 with huge buy support. Also if you look at the volume leading up to the breakout, it was steadily declining until it reached a price SOME people felt was good enough to sell which makes it seem like the coin supply that people are willing to sell is decreasing, eventually the exchanges will run out of coins to an extent which will immediately drive the price up. I think the reason it shot up so fast was possibly due to speculation post LTC-run or just someone/some people taking advantage of the thin sells in the orderbooks.