For the day ahead
Litecoin would need to avoid the $142 pivot to bring the first major resistance level at $147 into play.
Support from the broader market would be needed, however, for Litecoin to breakout from $145 levels.
Barring an extended crypto rally, the first major resistance level would likely cap any upside.
In the event of another extended breakout, Litecoin could test the second major resistance level at $151.
A fall through the $142 pivot would bring the first major support level at $138 into play.
Barring another extended sell-off, however, Litecoin should continue to steer clear of sub-$135 levels. The second major support level sits at $133.
Looking at the Technical Indicators
First Major Support Level: $138
Pivot Level: $142
First Major Resistance Level: $147
23.6% FIB Retracement Level: $178
38.2% FIB Retracement Level: $223
62% FIB Retracement Level: $296
Ripple’s XRP rose by 0.31% on Thursday. Following a 2.12% gain on Wednesday, Ripple’s XRP ended the day at $0.73321.
A bearish start to the day saw Ripple’s XRP fall to a mid-day intraday low $0.70170 before making a move.
Ripple’s XRP fell through the first major support level at $0.7043 before rallying to a late intraday high $0.73866.
Falling short of the first major resistance level at $0.7479, however, Ripple’s XRP eased back to end the day at sub-$0.735 levels.
At the time of writing, Ripple’s XRP was up by 0.34% to $0.73572. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.73399 before rising to a high $0.73572.
Ripple’s XRP left the major support and resistance levels untested early on.