Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – June 26th, 2021


For the day ahead

Litecoin would need to move through the $129 pivot to bring the first major resistance level at $134 into play.

Support from the broader market would be needed, however, for Litecoin to break back through to $130 levels.

Barring an extended crypto rally, the first major resistance level and Friday’s high $138.45 would likely cap any upside.

In the event of an extended breakout, Litecoin could test resistance at $150. The second major resistance level sits at $143.

Failure to move through the $129 pivot would bring the first major support level at $120 into play.

Barring another extended sell-off, however, Litecoin should steer clear of sub-$110 levels. The second major support level at $115 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $120

Pivot Level: $129

First Major Resistance Level: $134

23.6% FIB Retracement Level: $178

38.2% FIB Retracement Level: $223

62% FIB Retracement Level: $296

Ripple’s XRP

Ripple’s XRP slid by 9.39% on Friday. Reversing a 4.65% gain from Thursday, Ripple’s XRP ended the day at $0.61128.

A mixed start to the day saw Ripple’s XRP rise to an early morning intraday high $0.68823 before hitting reverse.

Falling short of the first major resistance level at $0.7026, Ripple’s XRP slid to a late intraday low $0.60234.

Ripple’s XRP fell through the first major support level at $0.6271 to end the day at $0.61 levels.

At the time of writing, Ripple’s XRP was down by 0.73% to $0.60683. A mixed start to the day saw Ripple’s XRP rise to an early morning high $0.61262 before falling to a low $0.60544.

Ripple’s XRP left the major support and resistance levels untested early on.



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