For the day ahead
Litecoin would need to avoid the 23.6% FIB and the $177 pivot to bring the first major resistance level at $191 into play.
Support from the broader market would be needed, however, for Litecoin to break out from this morning’s high $185.11.
Barring an extended crypto rally, the first major resistance level would likely cap any upside.
In the event of an extended breakout, Litecoin could test resistance at $200 before any pullback. The second major resistance level at sits $198.
A fall through the 23.6% FIB of $178 and the $177 pivot would bring the first major support level at $170 into play.
Barring an extended sell-off, however, Litecoin should steer clear of sub-$165 levels. The second major support level sits at $157.
Looking at the Technical Indicators
First Major Support Level: $170
Pivot Level: $177
First Major Resistance Level: $191
23.6% FIB Retracement Level: $178
38.2% FIB Retracement Level: $223
62% FIB Retracement Level: $296
Ripple’s XRP rallied by 12.80% on Friday. Reversing a 4.55% slide from Thursday, Ripple’s XRP ended the day at $1.09072.
A mixed start to the day saw Ripple’s XRP fall to an early morning intraday low $0.95130 before making a move.
Steering clear of the first major support level at $0.9180, Ripple’s XRP rallied to a late intraday high $1.09695.
Ripple’s XRP broke through the first major resistance level at $1.0290 and the second major resistance level at $1.0922.
A late pullback, however, saw Ripple’s XRP fall back through the second major resistance level to wrap up the day at $1.090 levels.
At the time of writing, Ripple’s XRP was down by 0.31% to $1.08731. A mixed start to the day saw Ripple’s XRP rise to an early morning high $1.11000 before falling to a low $1.07108.
Ripple’s XRP left the major support and resistance levels untested early on.