Litecoin / Dollar may rise to 64.0 - 64.8

Our pivot point is at 61.0.

Our preference

As long as 61 is support look for 64.8.

Alternative scenario

Below 61.0, expect 59.5 and 58.7.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 62 and 61.5).

Supports and resistances

66.6 **

65.7 *

64.8 **

64.0

62.2 last

61.5

61.0 **

59.5 *

58.7 **

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