Litecoin / Dollar may rise to 68.3 - 68.9

Our pivot point is at 66.2.

Our preference

As long as 66.2 is support look for 68.9.

Alternative scenario

Below 66.2, expect 65.1 and 64.5.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (67.1) but above its 50 period moving average (66.6).

Supports and resistances

70.1 **

69.5 *

68.9 **

68.3

67.1 last

66.6

66.2 **

65.1 *

64.5 **

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