Litecoin / Dollar may rise to 76.8 - 77.5

74.4 is our pivot point.

Our preference

As long as 74.4 is support look for 77.5.

Alternative scenario

Below 74.4, expect 73.2 and 72.5.

Comment

The RSI is above its neutrality area at 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 75.1 and 74.4).

Supports and resistances

78.8 **

78.1 *

77.5 **

76.8

75.3 last

74.8

74.4 **

73.2 *

72.5 **

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