For the day ahead
Litecoin would need to avoid the $143 pivot to bring the first major resistance level at $150 into play.
Support from the broader market would be needed, however, for Litecoin to break back through to $150 levels.
Barring an extended crypto rally, the first major resistance level would likely cap any upside.
In the event of an extended breakout, Litecoin could test resistance at $160. The second major resistance level sits at $154.
A fall through the $143 pivot would bring the first major support level at $139 into play.
Barring another extended sell-off, however, Litecoin should steer clear of sub-$135 levels. The second major support level sits at $132.
Looking at the Technical Indicators
First Major Support Level: $139
Pivot Level: $143
First Major Resistance Level: $150
23.6% FIB Retracement Level: $178
38.2% FIB Retracement Level: $223
62% FIB Retracement Level: $296
Ripple’s XRP rose by 3.58% on Sunday. Following a 2.53% gain on Saturday, Ripple’s XRP ended the week up by 7.40% to $0.69587.
A mixed start to the day saw Ripple’s XRP fall to an early morning intraday low $0.66591 before making a move.
Steering clear of the first major support level at $0.6490, Ripple’s XRP rallied to a late intraday high $0.70946.
Ripple’s XRP broke through the first major resistance level at $0.6910 and the second major resistance level at $0.7091.
A bearish to end the day saw Ripple’s XRP fall back through the second major resistance level to end the day at sub-$0.70 levels.
At the time of writing, Ripple’s XRP was down by 0.76% to 0.69057. A bearish start to the day saw Ripple’s XRP fall from an early morning high $0.69548 to a low $0.68964.
Ripple’s XRP left the major support and resistance levels untested early on.