Litecoin / Dollar may rise to 67.1 - 68.1

Our pivot point stands at 64.0.

Our preference

Rise to 68.1.

Alternative scenario

Below 64.0, expect 62.4 and 61.5.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI would call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 65 and 65.1).

Supports and resistances

69.9 **

69.0 *

68.1 **

67.1

65.2 last

64.6

64.0 **

62.4 *

61.5 **

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