Litecoin / Dollar may rise to 65.7 - 66.3

Our pivot point is at 63.7.

Our preference

Rebound towards 66.3.

Alternative scenario

Below 63.7, expect 62.7 and 62.1.

Comment

The RSI is below its neutrality area at 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 64.7 and 65.2).

Supports and resistances

67.4 **

66.8 *

66.3 **

65.7

64.5 last

64.1

63.7 **

62.7 *

62.1 **

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