For the day ahead
Litecoin would need to avoid a fall through the $139.21 pivot level to support a run at the first major resistance level at $144.55.
Support from the broader market would be needed, however, for Litecoin to break out from Sunday’s high $142.63.
Barring an extended crypto rally, the first major resistance level and resistance at $145 would likely cap any upside.
In the event of an extended breakout, Litecoin could test the second major resistance level at $147.98 and the 23.6% FIB of $148. Resistance at $150 would likely cap the upside, however.
Failure to move through the $139.21 pivot level would bring first major support level at $135.78 into play.
Barring an extended sell-off, Litecoin should steer clear of the second major support level at $130.44.
Looking at the Technical Indicators
First Major Support Level: $135.78
Pivot Level: $139.21
First Major Resistance Level: $144.55
23.6% FIB Retracement Level: $148
38.2% FIB Retracement Level: $125
62% FIB Retracement Level: $87
Ripple’s XRP rose by 0.62% on Sunday. Reversing a 0.12% decline from Saturday, Ripple’s XRP ended week down by 12% to $0.27357.
A bearish start to the day saw Ripple’s XRP fall to an early morning low $0.26850 before making a move.
Steering clear of the first major support level at $0.2638, Ripple’s XRP rose to a mid-morning intraday high $0.27789.
Falling short of the first major resistance level at $0.2818, Ripple’s XRP fell to a late intraday low $0.26800.
Continuing to avoid the major support levels, Ripple’s XRP recovered to end the day at $0.273 levels.