Cryptocurrency

Litecoin / Dollar may rise to 81.3 - 82.3

2024-06-10

77.9 is our pivot point.

Our preference

Rebound towards 82.3.

Alternative scenario

Below 77.9, expect 76.2 and 75.2.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 79.4 and 80).

Supports and resistances

84.3 **

83.3 *

82.3 **

81.3

79.3 last

78.5

77.9 **

76.2 *

75.2 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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