Litecoin / Dollar may rise to 75.5 - 76.4

Our pivot point stands at 72.6.

Our preference

Rebound towards 76.4.

Alternative scenario

Below 72.6, expect 71.2 and 70.3.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 73.9 and 74.4).

Supports and resistances

78.1 **

77.2 *

76.4 **

75.5

73.7 last

73.1

72.6 **

71.2 *

70.3 **

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