For the day ahead
Litecoin would need to move back through the $144 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 $156.
Failure to move back through the $144 pivot would bring the first major support level at $138 into play.
Barring an extended sell-off, however, Litecoin should steer clear of sub-$130 levels. The second major support level at $132 should limit the downside.
Looking at the Technical Indicators
First Major Support Level: $138
Pivot Level: $144
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 rallied by 9.51% on Tuesday. Reversing a 0.75% loss from Monday, Ripple’s XRP ended the day at $0.70560.
A mixed start to the day saw Ripple’s XRP fall to an early morning intraday low $0.64237 before making a move.
Steering clear of the first major support level at $0.6267, Ripple’s XRP rallied to a mid-day intraday high $0.73210.
Ripple’s XRP broke through the day’s major resistance levels before a late pullback.
Late in the day, Ripple’s XRP briefly fell back through the third major resistance level at $0.7055 before ending the day at $0.7056.
At the time of writing, Ripple’s XRP was down by 1.57% to $0.69450. A mixed start to the day saw Ripple’s XRP rise to an early morning high $0.70837 before falling to a low $0.69414.
Ripple’s XRP left the major support and resistance levels untested early on.