Litecoin / Dollar may rise to 67.5 - 68.1

Our pivot point stands at 65.4.

Our preference

As long as 65.4 is support look for 68.1.

Alternative scenario

Below 65.4, expect 64.4 and 63.8.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (66.4) but above its 50 period moving average (65.9).

Supports and resistances

69.3 **

68.7 *

68.1 **

67.5

66.2 last

65.8

65.4 **

64.4 *

63.8 **

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