Litecoin / Dollar may rise to 73.1 - 73.9

Our pivot point is at 70.4.

Our preference

Rebound towards 73.9.

Alternative scenario

Below 70.4, expect 69.0 and 68.2.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (71.3) but below its 50 period moving average (71.8).

Supports and resistances

75.5 **

74.7 *

73.9 **

73.1

71.4 last

70.9

70.4 **

69.0 *

68.2 **

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