For the day ahead
Litecoin would need to avoid the $143 pivot to bring the first major resistance level at $149 into play.
Support from the broader market would be needed, however, for Litecoin to break out from Friday’s high $145.93.
Barring an extended crypto rally, the first major resistance level and resistance at $150 would likely cap any upside.
In the event of another extended breakout, Litecoin could test resistance at $155. The second major resistance level sits at $153.
A fall through the $143 pivot would bring the first major support level at $139 into play.
Barring an extended sell-off, however, Litecoin should continue to steer clear of sub-$135 levels. The second major support level sits at $133.
Looking at the Technical Indicators
First Major Support Level: $139
Pivot Level: $143
First Major Resistance Level: $149
23.6% FIB Retracement Level: $178
38.2% FIB Retracement Level: $223
62% FIB Retracement Level: $296
Ripple’s XRP rose by 0.38% on Friday. Following a 2.39% gain on Thursday, Ripple’s XRP ended the day at $0.75282.
After a mixed start to the day, Ripple’s XRP fell to a late morning intraday low $0.71252 before making a move.
Steering clear of the first major support level at $0.7102, Ripple’s XRP rallied to a late intraday high $0.76948.
Falling short of the first major resistance level at $0.7778, Ripple’s XRP eased back to end the day at sub-$0.76 levels.
At the time of writing, Ripple’s XRP was down by 0.62% to $0.74818. A bearish start to the day saw Ripple’s XRP fall from an early morning high $0.75311 to a low $0.74818.
Ripple’s XRP left the major support and resistance levels untested early on.