Litecoin / Dollar may rise to 68.2 - 68.8

Our pivot point is at 66.0.

Our preference

As long as 66 is support look for 68.8.

Alternative scenario

Below 66.0, expect 65.0 and 64.4.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 66.8 and 65.9).

Supports and resistances

70.0 **

69.4 *

68.8 **

68.2

66.9 last

66.4

66.0 **

65.0 *

64.4 **

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