Cryptocurrencies

Litecoin declined by 0.21% on Monday. How did XRP fare?

Litecoin tumbled down by 0.21% to $62.24 on Monday. After starting a day on the bearish territory, Litecoin dropped from an early morning high $62.37 to a low $62.16. Furthermore, the crypto hasn’t tested the major support and resistance levels.

On Sunday, Litecoin plummeted down by 2.38%. Despite shaving off 3.27% on Saturday, the crypto ended last week higher by 2.26% to $62.37.

However, it fluctuated on Sunday. At first, Litecoin surged forward to an early morning intraday high $64.50, but it hit reverse soon. The crypto also fell short of the first major resistance level at $66.21 and plunged to a late intraday low $61.08.

Afterwards, Litecoin slid through the first major support level at $61.61, but it managed to move back through to $62 levels.

Meanwhile, Ethereum also declined by 0.27% to $447.36 on Monday. The crypto started the day in the red, dropping from an early morning high $448.80 to a low $447.13. It hasn’t tested the major support and resistance levels as well.

On Sunday, Ethereum tumbled down by 2.74% after losing 3.35% on Saturday. The crypto ended last week lower by 1.33% to $448.58.

However, it fluctuated on Sunday like Litecoin. Ethereum soared to an early morning intraday high $463.24 before reversing course. It also fell short of the first major resistance level at $475.38. As a result, the crypto dropped to a late intraday low $439.77.

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Due to the sell-off, Ethereum dropped through the first major support level at $449.55. However, it managed to find late support and rebounded, ending the day at $448 levels. 

What about Ripple’s XRP?

Ripple’s XRP declined by 0.35% to $0.26869 on Monday. The crypto plummeted down from an early morning high $0.26926 to a low $0.26863 after a bearish start of the day. It also hasn’t tested the major support and resistance levels.

On Sunday, Ripple’s XRP increased by 0.38%. After gaining 0.98% on Saturday, the crypto ended last week higher by 6.29% to $0.26964.

XRP began Sunday’s session on bullish territory. It skyrocketed to an early morning intraday high $0.27705 before pulling back. The crypto dropped back to $0.2710 levels after coming up against the first major resistance level at $0.2770.

During the second half of the day, it briefly rebounded to $0.273 levels before tumbling to a late intraday low $0.26429.

Furthermore, Ripple’s XRP steered clear of the first major support level at $0.2606. But it returned to $0.269 levels, ending the day in the green.

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