Litecoin / Dollar may rise to 65.4 - 66.3

62.4 is our pivot point.

Our preference

As long as 62.4 is support look for 66.3.

Alternative scenario

Below 62.4, expect 60.9 and 60.0.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (63.6) but above its 50 period moving average (62.9).

Supports and resistances

68.1 **

67.2 *

66.3 **

65.4

63.6 last

62.9

62.4 **

60.9 *

60.0 **

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