Litecoin / Dollar may rise to 74.2 - 75.0

71.3 is our pivot point.

Our preference

Rebound towards 75.0.

Alternative scenario

Below 71.3, expect 69.9 and 69.1.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (72.5) but under its 50 period moving average (73).

Supports and resistances

76.7 **

75.9 *

75.0 **

74.2

72.5 last

71.9

71.3 **

69.9 *

69.1 **

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