Litecoin / Dollar may fall to 55.0 - 55.7

Our pivot point is at 57.9.

Our preference

Eye 55.0.

Alternative scenario

Above 57.9, look for 59.0 and 59.7.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is below its 20 period moving average (57.8) but above its 50 period moving average (56.8).

Supports and resistances

59.7 **

59.0 *

57.9 **

57.5

57.1 last

55.7

55.0 **

54.4 *

53.7 **

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