Litecoin / Dollar may rise to 68.5 - 69.3

Our pivot point stands at 66.0.

Our preference

The upside prevails as long as 66 is support.

Alternative scenario

Below 66.0, expect 64.7 and 63.9.

Comment

The RSI is above its neutrality area at 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 66.7 and 66.1).

Supports and resistances

70.8 **

70.0 *

69.3 **

68.5

67.0 last

66.5

66.0 **

64.7 *

63.9 **

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