Litecoin / Dollar may rise to 66.8 - 67.4

64.7 is our pivot point.

Our preference

Our next up target stands at 67.4.

Alternative scenario

Below 64.7, expect 63.7 and 63.1.

Comment

The RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 64.7 and 65.1). Finally, the Litecoin / Dollar has crossed above its upper Bollinger band (65.4).

Supports and resistances

68.6 **

68.0 *

67.4 **

66.8

65.6 last

65.1

64.7 **

63.7 *

63.1 **

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