Litecoin / Dollar may rise to 71.2 - 71.9

Our pivot point is at 68.9.

Our preference

As long as 68.9 is support look for 71.9.

Alternative scenario

Below 68.9, expect 67.7 and 67.1.

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 69.8 and 69.3).

Supports and resistances

73.3 **

72.6 *

71.9 **

71.2

69.9 last

69.3

68.9 **

67.7 *

67.1 **

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