Litecoin / Dollar may fall to 72.7 - 73.4

75.8 is our pivot point.

Our preference

Under pressure below 75.8.

Alternative scenario

Above 75.8, look for 76.9 and 77.6.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 75.1 and 74.9).

Supports and resistances

77.6 **

76.9 *

75.8 **

75.3

74.8 last

73.4

72.7 **

72.1 *

71.4 **

Number of asterisks represents the strength of support and resistance levels.