Litecoin / Dollar may rise to 67.2 - 68.0

Our pivot point stands at 64.4.

Our preference

As long as 64.4 is support look for 68.

Alternative scenario

Below 64.4, expect 63.1 and 62.4.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (65.6) but above its 50 period moving average (65.1).

Supports and resistances

69.5 **

68.7 *

68.0 **

67.2

65.5 last

64.9

64.4 **

63.1 *

62.4 **

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