Litecoin / Dollar may rise to 70.1 - 70.9

Our pivot point is at 67.4.

Our preference

The upside prevails as long as 67.4 is support.

Alternative scenario

Below 67.4, expect 66.0 and 65.3.

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 above its 20 and 50 period moving average (respectively at 67.8 and 67.1).

Supports and resistances

72.4 **

71.6 *

70.9 **

70.1

68.5 last

67.9

67.4 **

66.0 *

65.3 **

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