For the day ahead
Litecoin would need to move through the $139 pivot to bring the first major resistance level at $143 into play.
Support from the broader market would be needed, however, for Litecoin to break back through to $140 levels.
Barring an extended crypto rally, the first major resistance level and Thursday’s high $144.43 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 $149.
Failure to move through the $139 pivot would bring the first major support level at $133 into play.
Barring another extended sell-off, however, Litecoin should steer clear of sub-$130 levels. The second major support level sits at $128.
Looking at the Technical Indicators
First Major Support Level: $133
Pivot Level: $139
First Major Resistance Level: $143
23.6% FIB Retracement Level: $178
38.2% FIB Retracement Level: $223
62% FIB Retracement Level: $296
Ripple’s XRP slid by 6.24% on Thursday. Following a 0.60% loss on Wednesday, Ripple’s XRP ended the day at $0.66036.
Bearish from the start to the day, Ripple’s XRP fell from an early morning intraday high $0.70433 to a late intraday low $0.64500.
Ripple’s XRP fell through the first major support level at $0.6633 before a partial recovery and a return to $0.66 levels.
The first major first level at $0.6633 pegged Ripple’s XRP fell back late in the day.
At the time of writing, Ripple’s XRP was up by 0.74% to $0.66525. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.65810 before rising to a high $0.66686.
Ripple’s XRP left the major support and resistance levels untested early on.