For the day ahead

Litecoin would need to move through the $217.77 pivot level to support a run at the first major resistance level at $226.97.

Support from the broader market would be needed, however, for Litecoin to breakout from $225 levels.

Barring an extended crypto rally, the first major resistance level and Sunday’s new swing hi $230.81 would likely cap any upside.

In the event of an extended breakout, Litecoin could test resistance at $240 before any pullback. The second major resistance level sits at $240.01.

Failure to move through the $217.77 pivot level would bring the first major support level at $204.73 into play.

Barring an extended sell-off, Litecoin should steer clear of sub-$200 levels. The second major support level sits at $195.53.

Looking at the Technical Indicators

First Major Support Level: $204.73

Pivot Level: $217.77

First Major Resistance Level: $226.97

23.6% FIB Retracement Level: $182

38.2% FIB Retracement Level: $152

62% FIB Retracement Level: $104

Ripple’s XRP

Ripple’s XRP slid by 6.74% on Sunday. Reversing a 3.91% gain from Saturday, Ripple’s XRP ended the week up by 41.34% to $0.59259.

A bullish start to the day saw Ripple’s XRP rise to an early morning intraday high $0.64031 before hitting reverse.

Falling short of the first major resistance level at $0.6706, Ripple’s XRP slid to an early afternoon intraday low $0.56213.

Ripple’s XRP fell through the first major support level at $0.5710 before briefly revisiting $0.61 levels.

A bearish end to the day, however, saw Ripple’s XRP fall back to end the day at sub-$0.60 levels.

At the time of writing, Ripple’s XRP was up by 1.36% to $0.60067. A bullish start to the day saw Ripple’s XRP rise from an early morning low $0.59312 to a high $0.60304.

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



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