Litecoin / Dollar may fall to 65.1 - 65.8

68.4 is our pivot point.

Our preference

The downside prevails as long as 68.4 is resistance.

Alternative scenario

The upside breakout of 68.4, would call for 69.7 and 70.5.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 68.2 and 67.8).

Supports and resistances

70.5 **

69.7 *

68.4 **

67.9

67.4 last

65.8

65.1 **

64.3 *

63.5 **

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