Litecoin / Dollar may rise to 67.6 - 68.3

Our pivot point stands at 65.0.

Our preference

The upside prevails as long as 65 is support.

Alternative scenario

Below 65.0, expect 63.7 and 62.9.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 65.4 and 65.6).

Supports and resistances

69.8 **

69.1 *

68.3 **

67.6

66.1 last

65.5

65.0 **

63.7 *

62.9 **

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