Litecoin / Dollar may rise to 76.1 - 76.7

73.8 is our pivot point.

Our preference

As long as 73.8 is support look for 76.7.

Alternative scenario

Below 73.8, expect 72.7 and 72.0.

Comment

The RSI is above 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 74.6 and 74.4).

Supports and resistances

78.1 **

77.4 *

76.7 **

76.1

74.7 last

74.3

73.8 **

72.7 *

72.0 **

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