Litecoin / Dollar may rise to 67.0 - 67.9

Our pivot point stands at 63.9.

Our preference

Rebound towards 67.9.

Alternative scenario

Below 63.9, expect 62.4 and 61.5.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 65.3 and 65.8).

Supports and resistances

69.7 **

68.8 *

67.9 **

67.0

65.2 last

64.5

63.9 **

62.4 *

61.5 **

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