Litecoin / Dollar may rise to 76.3 - 80.5

Our pivot point is at 61.1.

Our preference

The upside prevails as long as 61.1 is support.

Alternative scenario

Below 61.1, expect 54.1 and 49.9.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 66.2 and 65).

Supports and resistances

89.0 **

84.8 *

80.5 **

76.3

66.8 last

63.8

61.1 **

54.1 *

49.9 **

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