Litecoin / Dollar may rise to 81.2 - 86.1

Our pivot point stands at 63.9.

Our preference

The upside prevails as long as 63.9 is support.

Alternative scenario

Below 63.9, expect 55.9 and 51.1.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 68.1 and 66.3).

Supports and resistances

95.7 **

90.9 *

86.1 **

81.2

71.0 last

67.0

63.9 **

55.9 *

51.1 **

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