For the next day
Litecoin would have to avoid relapsing the $ 169 pivot to bring into play the 62% FIB of $ 174 and the first major resistance level at $ 183.
However, support from the broader market would be required for Litecoin to break back to the $ 180 level.
Aside from an extended crypto rally, the first major resistance level and $ 181.20 high on Sunday would likely limit an uptrend.
In the event of a prolonged breakout, Litecoin could test the resistance at USD 200. The second major resistance level is at $ 195.
A relapse from the $ 169 pivot would bring the first major support level into play at $ 157.
However, subject to a lengthy sell-off, Litecoin should stay away from under $ 150. The second major level of support is at $ 143.
A sustained decline through the 62% FIB of $ 174 would form a bearish trend of 10 in the short termth May’s Swing of $ 413.91.
Look at the technical indicators
First major level of support: $ 157
Pivot Level: $ 169
First major resistance level: $ 183
23.6% FIB Retracement Level: $ 322
38.2% FIB Retracement Level: USD 265
62% FIB Retracement Level: $ 174
Ripple’s XRP was up 9.01% on Sunday. Ripple’s XRP returned 7.48% for the week, ending the week 14.14% to $ 0.90521.
A bearish start to the day caused Ripple’s XRP to slide to an early morning intraday low of $ 0.79936 before moving.
Ripple’s XRP trailed its first major support level at $ 0.7707, hitting an intraday high of $ 0.93292 in the late afternoon.
Ripple’s XRP broke the 62% FIB at $ 0.8573 and the first major resistance level at $ 0.9167.
However, a bearish end to the day caused Ripple’s XRP to weaken again, ending the day below $ 0.91.
At the time of writing, Ripple’s XRP was up 2.07% to $ 0.92392. A mixed start to the day resulted in Ripple’s XRP dropping to an early morning low of $ 0.89890 before rising to a high of $ 0.92756.
Ripple’s XRP left key support and resistance levels untested early on.