Litecoin / Dollar may rise to 70.8 - 71.6

Our pivot point stands at 67.7.

Our preference

Rebound towards 71.6.

Alternative scenario

Below 67.7, expect 66.4 and 65.6.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 69.3 and 71.4).

Supports and resistances

73.2 **

72.4 *

71.6 **

70.8

68.8 last

68.3

67.7 **

66.4 *

65.6 **

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