Cryptocurrencies

Litecoin climbed up by 0.48%. How did Ripple’s XRP fare?

Litecoin soared by 0.48% to $82.03 on Friday. After a mixed start of the day, the crypto plummeted down to an early morning low $81.29 before jumping to a high $82.06.

 

On Thursday, Litecoin rallied by 11.09%. After reversing a 3.78% drop from Wednesday, the crypto ended the day at $81.64. However, it started the day on the bearish territory. Litecoin tumbled down to a late morning intraday low $71.53 from an early morning high $75.32.

 

It also steered clear of the 38.2% FIB of $71.00, as well as the first major support level at $68.82. However, the digital coin skyrocketed to a late intraday high $83.50 afterwards. It also managed to break through the first major resistance level at $77.66, along with the second major resistance level at $81.84.

 

Furthermore, Litecoin also surpassed the 38.2% FIB, hitting $80 levels for the first time since February-2020. Despite that, the crypto plunged back through the second major resistance level at $81.84 due to a late pullback.

 

Meanwhile, Ripple’s XRP tumbled down by 0.10% to $0.30356 on Friday. After a mixed start of the day, the crypto decreased to an early morning low $0.30193 before hitting a high $0.30413.

 

On the other hand, Ripple’s XRP soared by 3.42% on Thursday. Rebounding after a 3.01% drop from Wednesday, the crypto ended the day at $0.30386. But it fluctuated during the session, jumping to an early morning high $0.2963 before reversing the course.

Related Post

 

XRP also fell short of the first major resistance level at $0.3077 and plunged to a late morning intraday low $0.28424. Then it steered clear of the first major support level at $0.2800. Despite that, Ripple’s XRP surged forward to a late intraday high $0.30694.

 

Afterwards, the crypto came within range of the first major resistance level at $0.3077, but it dropped back to sub-$0.30 before managing to find support.

 

What about Ethereum?

 

Ethereum climbed up by 0.15% to $472.65 on Friday. After a mixed start of the day, the crypto dropped down to an early morning low $471.76 before skyrocketing to a high $473.00.

 

On Thursday, Ethereum tumbled down by 1.48%. After declining by 79% on Wednesday, the crypto ended the day at $471.92. However, it fluctuated during the session. Ethereum surged forward to an early morning intraday high $480.99 before reversing the course.

 

It also fell short of the first major resistance level at $497.59, plunging to a late morning intraday low $465.18. Furthermore, Ethereum steered clear of the first major support level at $458.41, but it briefly rebounded to $478 levels before dropping back into the red.

Recent Posts

Investment and Market Insights in Precious Metals

In a world where economic uncertainty looms, and geopolitical tensions persist, investors often turn to precious metals as a reliable…

14 hours ago

Apple Pushes into AI, Announces $110B Share Buyback

Key points: Apple collaborates with Taiwan Semiconductor to create AI chips for efficient data centre operations. Despite a 4% revenue…

14 hours ago

Bitcoin’s Surge to $65,550: A Resilient Outlook

Key Points Bitcoin's support is $63,350, with further levels at $62,800 and potential dips to $60,800. Key resistance at $64,500;…

15 hours ago

Amazon Web Service Channels $8.87B into Singapore

Key Points: Amazon Web Service (AWS) has committed $8.87 billion to enhance data centre capabilities in Singapore over the next…

16 hours ago

GBP/USD Hits 1.2560 as US Dollar Weakness Persists

Key Points USD weakness fuels GBP surge; Dovish Federal Reserve Comments Hint at Possible rate cuts, boosting GBP/USD to 1.2560.…

18 hours ago

Oil Futures: 0.5% Rise in Brent, 0.6% in WTI

Key Points: Brent oil futures increased by 0.5% to $83.73/barrel, and WTI up 0.6% to $78.56/barrel. Israeli military action in…

18 hours ago

This website uses cookies.