Litecoin / Dollar may rise to 67.4 - 68.2

Our pivot point is at 64.5.

Our preference

The upside prevails as long as 64.5 is support.

Alternative scenario

The downside breakout of 64.5 would call for 63.3 and 62.5.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 65 and 64.8).

Supports and resistances

69.7 **

68.9 *

68.2 **

67.4

65.5 last

65.0

64.5 **

63.3 *

62.5 **

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