Litecoin / Dollar may rise to 85.2 - 86.2

Our pivot point is at 81.2.

Our preference

The upside prevails as long as 81.2 is support.

Alternative scenario

Below 81.2, expect 79.5 and 78.4.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 82.4 and 82.5).

Supports and resistances

88.4 **

87.3 *

86.2 **

85.2

83.1 last

81.9

81.2 **

79.5 *

78.4 **

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