Litecoin / Dollar may rise to 67.0 - 67.9

Our pivot point is at 64.0.

Our preference

The upside prevails as long as 64 is support.

Alternative scenario

The downside breakout of 64 would call for 62.4 and 61.5.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 64.6 and 64.3).

Supports and resistances

69.8 **

68.9 *

67.9 **

67.0

65.2 last

64.6

64.0 **

62.4 *

61.5 **

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