Litecoin / Dollar may fall to 62.5 - 63.1

Our pivot point stands at 65.0.

Our preference

The downside prevails as long as 65 is resistance.

Alternative scenario

Above 65.0, look for 66.0 and 66.6.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 64.6 and 64.7).

Supports and resistances

66.6 **

66.0 *

65.0 **

64.6

64.2 last

63.1

62.5 **

61.9 *

61.3 **

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