For the day ahead
Litecoin would need to avoid the $185 pivot to bring the first major resistance level at $191 into play.
Support from the broader market would be needed, however, for Litecoin to break out from Sunday’s high $189.81.
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 $200 before any pullback. The second major resistance level at sits $195.
A fall through the $185 pivot would bring the first major support level at $181 and the 23.6% FIB of $178 into play.
Barring an extended sell-off, however, Litecoin should steer clear of the second major support level at $175.
Looking at the Technical Indicators
First Major Support Level: $181
Pivot Level: $185
First Major Resistance Level: $191
23.6% FIB Retracement Level: $178
38.2% FIB Retracement Level: $223
62% FIB Retracement Level: $296
Ripple’s XRP rose by 0.91% on Saturday. Partially reversing a 3.57% fall from Saturday, Ripple’s XRP ended the week down by 4.55% to $1.22737.
Tracking the broader market, Ripple’s XRP rose to a late morning intraday high $1.25708 before hitting reverse.
Falling short of the first major resistance level at $1.2645, Ripple’s XRP slid to a mid-afternoon intraday low $1.18000.
Ripple’s XRP fell through the first major support level at $1.1868 before ending the day at $1.22 levels.
At the time of writing, Ripple’s XRP was up by 0.21% to $1.22998. A mixed start to the day saw Ripple’s XRP fall to an early low $1.22752 before rising to a high $1.23399.
Ripple’s XRP left the major support and resistance levels untested early on.