Litecoin / Dollar may rise to 71.2 - 71.9

Our pivot point is at 68.8.

Our preference

Rebound towards 71.9.

Alternative scenario

Below 68.8, expect 67.6 and 66.9.

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 stands below its 20 and 50 period moving average (respectively at 69.9 and 70.5).

Supports and resistances

73.3 **

72.6 *

71.9 **

71.2

69.9 last

69.2

68.8 **

67.6 *

66.9 **

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