Litecoin / Dollar may fall to 66.5 - 67.3

Our pivot point is at 69.9.

Our preference

Technical rebound towards 69.9 before a new drop.

Alternative scenario

Above 69.9, look for 71.3 and 72.1.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above its 20 period moving average (68.3) but under its 50 period moving average (69.3).

Supports and resistances

72.1 **

71.3 *

69.9 **

69.4

68.9 last

67.3

66.5 **

65.7 *

65.0 **

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