Litecoin / Dollar may rise to 71.7 - 72.4

Our pivot point is at 69.3.

Our preference

The upside prevails as long as 69.3 is support.

Alternative scenario

Below 69.3, expect 68.1 and 67.4.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 69.5 and 69.2).

Supports and resistances

73.8 **

73.1 *

72.4 **

71.7

70.3 last

69.7

69.3 **

68.1 *

67.4 **

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