Litecoin / Dollar may rise to 65.9 - 66.5

Our pivot point is at 63.8.

Our preference

The upside prevails as long as 63.8 is support.

Alternative scenario

The downside breakout of 63.8 would call for 62.9 and 62.3.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 64.2 and 64.4).

Supports and resistances

67.6 **

67.1 *

66.5 **

65.9

64.7 last

64.2

63.8 **

62.9 *

62.3 **

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