Litecoin / Dollar may rise to 63.9 - 64.8

Our pivot point stands at 61.0.

Our preference

The upside prevails as long as 61 is support.

Alternative scenario

Below 61.0, expect 59.5 and 58.6.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 61.8 and 61.6).

Supports and resistances

66.6 **

65.7 *

64.8 **

63.9

62.1 last

61.5

61.0 **

59.5 *

58.6 **

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