For the day ahead
Litecoin would need to move through the $135 pivot to bring the first major resistance level at $138 into play.
Support from the broader market would be needed, however, for Litecoin to break out from $135 levels.
Barring an extended crypto rally, the first major resistance level and Monday’s high $139.65 would likely cap any upside.
In the event of an extended breakout, Litecoin could test resistance at $145. The second major resistance level sits at $143.
Failure to move through the $135 pivot would bring the first major support level at $130 into play.
Barring another extended sell-off, however, Litecoin should steer clear of the second major support level at $127.
Looking at the Technical Indicators
First Major Support Level: $130
Pivot Level: $135
First Major Resistance Level: $138
23.6% FIB Retracement Level: $178
38.2% FIB Retracement Level: $223
62% FIB Retracement Level: $296
Ripple’s XRP fell by 0.80% on Monday. Partially reversing a 1.43% gain from Sunday, Ripple’s XRP ended the day at $0.62936.
A bullish start to the day saw Ripple’s XRP rally to a mid-morning intraday high $0.65681 before hitting reverse.
Ripple’s XRP broke through the first major resistance level at $0.6474 before sliding to a late intraday low $0.61768.
Ripple’s XRP briefly fell through the first major support level at $0.6199 before a move back through to $0.629 levels.
At the time of writing, Ripple’s XRP was down by 0.21% to $0.62805. A mixed start to the day saw Ripple’s XRP rise to an early morning high $0.62953 before falling to a low $0.62525.
Ripple’s XRP left the major support and resistance levels untested early on.