Litecoin / Dollar may rise to 66.2 - 67.1

Our pivot point is at 63.2.

Our preference

Rebound towards 67.1.

Alternative scenario

Below 63.2, expect 61.7 and 60.8.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 64.5 and 64.9).

Supports and resistances

68.9 **

68.0 *

67.1 **

66.2

64.4 last

63.8

63.2 **

61.7 *

60.8 **

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