For the day ahead
Litecoin would need to move through the $169 pivot to bring the first major resistance level at $177 and the 23.6% FIB of $178 into play.
Support from the broader market would be needed, however, for Litecoin to break out from $175 levels.
Barring an extended crypto rally, the first major resistance level and 23.6% FIB would likely cap any upside.
In the event of an extended breakout, Litecoin could test resistance at $190 before any pullback. The second major resistance level at sits $188.
Failure to move through the $169 pivot would bring the first major support level at $158 into play.
Barring an extended sell-off, however, Litecoin should steer clear of sub-$155 levels. The second major support level sits at $150.
Looking at the Technical Indicators
First Major Support Level: $158
Pivot Level: $169
First Major Resistance Level: $177
23.6% FIB Retracement Level: $178
38.2% FIB Retracement Level: $223
62% FIB Retracement Level: $296
Ripple’s XRP slid by 4.55% on Thursday. Partially reversing an 18.89% surge from Wednesday, Ripple’s XRP ended the day at $0.96577.
A mixed start to the day saw Ripple’s XRP rise to an early morning intraday high $1.04438 before hitting reverse.
Falling short of the first major resistance level at $1.1186, Ripple’s XRP slid to a late afternoon intraday low $0.93341.
Steering clear of the first major support level at $0.8771, Ripple’s XRP revisited $0.97 levels before easing back.
At the time of writing, Ripple’s XRP was up by 1.14% to $0.97675. A mixed start to the day saw Ripple’s XRP rise to an early morning high $0.98132 before falling to a low $0.95130.
Ripple’s XRP left the major support and resistance levels untested early on.