For the next day

Litecoin would have to move through the $ 178 pivot and the 23.6% FIB of $ 178 to bring the first major resistance level into play at $ 184.

However, for Litecoin to break back to $ 180 levels, support from the broader market would be required.

Aside from an extended crypto rally, the first major resistance level would likely limit any uptrend.

In the event of a prolonged breakout, Litecoin could test the resistance at $ 190 before pulling back. The second major resistance level is at $ 195.

Failure by the $ 178 pivot and 23.6% FIB would bring the first major support level into play at $ 168.

However, apart from another lengthy sell-off, Litecoin should stay away from the second major support level at $ 162.

Look at the technical indicators

First major support level: $ 168

Pivot level: $ 178

First major resistance level: $ 184

23.6% FIB retracement level: $ 178

38.2% FIB retracement level: $ 223

62% FIB retracement level: $ 296

Ripple’s XRP

Ripple’s XRP was down 8.63% on Tuesday. Ripple’s XRP reversed a 1.47% increase from Monday to end the day at $ 1.13691.

A mixed start to the day resulted in Ripple’s XRP rising to a late morning intraday high of $ 1.26500 before reversing.

Ripple’s XRP fell below the first major resistance level of $ 1.2999 and slid to a late afternoon intraday low of $ 1.12152.

Ripple’s XRP fell through the first major support level at $ 1.1963 and the second major support level at $ 1.1463 to end the day at a level of $ 1.13.

At the time of writing, Ripple’s XRP was up 1.22% to $ 1.15,077. A mixed start to the day resulted in Ripple’s XRP dropping to an early morning low of $ 1.13489 before rising to a high of $ 1.15656.

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

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