For the day ahead
Litecoin would need to move through the 23.6% FIB of $178 and $178 pivot to bring the first major resistance level at $181 into play.
Support from the broader market would be needed, however, for Litecoin to break back through to $180 levels
Barring an extended crypto rally, the first major resistance level and Sunday’s high $183.99 would likely cap the upside.
In the event of another breakout, Litecoin could test resistance at $190 before any pullback. The second major resistance level sits at $188.
Failure to move through the 23.6% FIB of $178 and the $178 pivot would bring the first major support level at $171 back into play.
Barring an extended sell-off, Litecoin should steer clear of sub-$165. The second major support level at $168 should limit the downside.
Looking at the Technical Indicators
First Major Support Level: $171
Pivot Level: $178
First Major Resistance Level: $181
23.6% FIB Retracement Level: $178
38.2% FIB Retracement Level: $223
62% FIB Retracement Level: $296
Ripple’s XRP fell by 2.09% on Sunday. Following a 9.03% rally from Saturday, Ripple’s XRP ended the week up by 7.67% to $1.13621.
A mixed start to the day saw Ripple’s XRP fall to an early morning low $1.13387 before making a move.
Steering clear of the first major support level at $1.0758, Ripple’s XRP rallied to a late morning intraday high $1.22855.
Coming up against the first major resistance level at $1.2269, however, Ripple’s XRP slid to a late intraday low $1.12733.
Continuing to steer clear of the major support levels, Ripple’s XRP ended the day at $1.136 levels.
At the time of writing, Ripple’s XRP was down by 0.14% to $1.13463. A mixed start to the day saw Ripple’s XRP fall to an early morning low $1.12787 before rising to a high $1.14928.
Ripple’s XRP left the major support and resistance levels untested early on.