Ethereum, Litecoin, and Ripple’s XRP

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For the day ahead

Litecoin would need to move back through the $224 pivot level to support a run at the first major resistance level at $236.

Support from the broader market would be needed, however, for Litecoin to break back through to $230 levels.

Barring an extended crypto rally, the first major resistance level and Sunday’s high $235.86 would likely cap any upside.

In the event of a bounce back, Litecoin could test resistance at $250. The second major resistance level sits at $249.

Failure to move back through the $224 pivot level would bring the 38.2% FIB of $217 and the first major support level at $212 into play.

Barring another extended sell-off, Litecoin should steer clear of sub-$200. The second major support level sits at $199.

Looking at the Technical Indicators

First Major Support Level: $212

Pivot Level: $224

First Major Resistance Level: $236

23.6% FIB Retracement Level: $250

38.2% FIB Retracement Level: $207

62% FIB Retracement Level: $138

Ripple’s XRP

Ripple’s XRP fell by 1.88% on Sunday. Following a 10.23% tumble on Saturday, Ripple’s XRP ended the week down by 26.97% to $1.03246.

After a mixed start to the day, Ripple’s XRP rose to a late afternoon intraday high $1.15555 before hitting reverse.

Ripple’s XRP broke through the first major resistance level at $1.1420 before sliding to a late intraday low $0.94139.

The sell-off saw Ripple’s XRP fall through the first major support level at $0.9928.

Steering clear of sub-$0.94 support levels, Ripple’s XRP broke back through the first major support level to end the day at $1.03 levels.

At the time of writing, Ripple’s XRP was down by 1.40% to $1.0180. A mixed start to the day saw Ripple’s XRP rise to an early morning high $1.04299 before falling to a low $1.01639

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

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