Litecoin / Dollar may rise to 69.7 - 70.5

Our pivot point is at 67.0.

Our preference

Rebound towards 70.5.

Alternative scenario

Below 67.0, expect 65.7 and 64.9.

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 below its 20 and 50 period moving average (respectively at 68.8 and 70.6).

Supports and resistances

72.0 **

71.3 *

70.5 **

69.7

68.1 last

67.5

67.0 **

65.7 *

64.9 **

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