Litecoin / Dollar may rise to 66.6 - 67.2

64.5 is our pivot point.

Our preference

The upside prevails as long as 64.5 is support.

Alternative scenario

The downside breakout of 64.5 would call for 63.6 and 63.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 64.2 and 63.2).

Supports and resistances

68.3 **

67.8 *

67.2 **

66.6

65.3 last

64.9

64.5 **

63.6 *

63.0 **

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