Litecoin / Dollar may rise to 66.0 - 66.6

Our pivot point stands at 64.0.

Our preference

Rebound towards 66.6.

Alternative scenario

The downside breakout of 64 would call for 63 and 62.4.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (64.7) but under its 50 period moving average (65.3).

Supports and resistances

67.7 **

67.2 *

66.6 **

66.0

64.8 last

64.3

64.0 **

63.0 *

62.4 **

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