For the coming day
Litecoin would have to move back through the $ 143 pivot to bring the first major resistance level into play at $ 149.
However, for Litecoin to break out of Wednesday’s high of $ 146.94 would require support from the broader market.
Aside from an extended crypto rally, the first major resistance level and resistance at $ 150 would likely limit any uptrend.
In the event of a prolonged breakout, Litecoin could test the resistance at $ 160. The second major resistance level is at $ 153.
If the pivot fails to move back from $ 143, the first major support level at $ 138 would come into play.
However, apart from an extended sell-off, Litecoin should stay away from under $ 130. The second major support level at $ 132 should contain the downside.
Look at the technical indicators
First major level of support: $ 138
Pivot Level: $ 143 $ 1
First major resistance level: $ 149
23.6% FIB retracement level: $ 178
38.2% FIB retracement level: $ 223
62% FIB retracement level: $ 296
Ripple’s XRP fell 0.60% on Wednesday. Ripple’s XRP ended the day at $ 0.70304 ($ 0.70304), partially ending a 9.51% rally from Tuesday.
A mixed start to the day caused Ripple’s XRP to soar to an early morning intraday high of $ 0.71322 before reversing.
Ripple’s XRP fell below the first major resistance level of $ 0.7443 and slid to an intraday low of $ 0.64855 in the late afternoon.
Ripple’s XRP fell through the first major support level at $ 0.6546 before partially rebounding to $ 0.70.
At the time of writing, Ripple’s XRP is down 1.48% to $ 0.69262. A bearish start to the day caused Ripple’s XRP to drop from an early morning high of $ 0.70433 to a low of $ 0.69236.
Ripple’s XRP left key support and resistance levels untested early on.