Litecoin / Dollar may rise to 81.4 - 82.2

78.4 is our pivot point.

Our preference

The upside prevails as long as 78.4 is support.

Alternative scenario

Below 78.4, expect 77.1 and 76.2.

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 trading above both its 20 and 50 period moving average (respectively at 78.9 and 78.5).

Supports and resistances

83.9 **

83.0 *

82.2 **

81.4

79.5 last

79.0

78.4 **

77.1 *

76.2 **

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