Litecoin / Dollar may rise to 85.2 - 86.4

Our pivot point is at 81.1.

Our preference

Rebound towards 86.4.

Alternative scenario

Below 81.1, expect 79.1 and 77.9.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (82.7) but under its 50 period moving average (83).

Supports and resistances

88.8 **

87.6 *

86.4 **

85.2

82.8 last

81.9

81.1 **

79.1 *

77.9 **

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