Litecoin / Dollar may rise to 66.9 - 67.5

Our pivot point stands at 64.8.

Our preference

The upside prevails as long as 64.8 is support.

Alternative scenario

Below 64.8, expect 63.8 and 63.2.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 65.5 and 65.3).

Supports and resistances

68.7 **

68.1 *

67.5 **

66.9

65.6 last

65.2

64.8 **

63.8 *

63.2 **

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