For the day ahead
Litecoin would need to avoid the $147 pivot to bring the first major resistance level at $152 into play.
Support from the broader market would be needed, however, for Litecoin to break out from Friday’s high $150.83.
Barring an extended crypto rally, the first major resistance level would likely cap any upside.
In the event of another extended breakout, Litecoin could test resistance at $160 before any pullback. The second major resistance level at sits $156.
A fall through the $147 pivot would bring the first major support level at $143 into play.
Barring an extended sell-off, however, Litecoin should steer clear of sub-$140 levels. The second major support level sits at $138.
Looking at the Technical Indicators
First Major Support Level: $143
Pivot Level: $147
First Major Resistance Level: $152
23.6% FIB Retracement Level: $178
38.2% FIB Retracement Level: $223
62% FIB Retracement Level: $296
Ripple’s XRP rose by 1.71% on Friday. Following a 0.31% gain on Thursday, Ripple’s XRP ended the day at $0.74685.
A mixed start to the day saw Ripple’s XRP fall to a mid-day intraday low $0.72284 before making a move.
Steering clear of the first major support level at $0.7104, however, Ripple’s XRP rallied to a late intraday high $0.75229.
Ripple’s XRP broke through the first major resistance level at $0.7473 before easing back to sub-$0.747 levels.
At the time of writing, Ripple’s XRP was down by 0.12% to $0.74598. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.74196 before rising to a high $0.74614.
Ripple’s XRP left the major support and resistance levels untested early on.