Cryptocurrencies

Litecoin gained 1.13% on Wednesday. What about Ripple’s XRP?

Litecoin surged forward by 1.13% to $153.61 on Wednesday. After a mixed start of the day, the crypto tumbled down to an early morning low $149.68 before hitting a high $154.14. It also left the major support and resistance levels untested thus far.

 

On Tuesday, Litecoin jumped by 0.06%. After gaining a 6.39% on Monday, the crypto ended the day at $151.90. It dropped to an early morning intraday low $150.17 before moving, though.

 

Furthermore, Litecoin steered clear of the first major support level at $141.77, and then it surged to a late morning intraday high $166.21. The crypto also managed to break through the first major resistance level at $158.50, along with the second major resistance level at $165.11.

 

However, Litecoin tumbled back through the resistance levels due to a bearish second half of the day, ending the session at sub-$152 levels.

 

Meanwhile, Ethereum jumped by 1.34% to $1,386.34 on Wednesday. After a mixed start of the day, the crypto plunged to an early morning low $1,356.16 before hitting a high $1,397.24.

 

Ethereum skyrocketed by 8.70% on Tuesday. After gaining 2.10% on Monday, it ended the day at $1,368.04. However, the crypto dropped to an early morning intraday low $1,252.01 before moving.

 

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It also steered clear of the first major support level at $1,207, but then hit a mid-day intraday high, as well as a new swing hi $1,440.00.

 

Furthermore, the crypto managed to break through the day’s major resistance levels before dropping to sub-$1,330 levels. Ethereum rebounded to $1,400 levels before ending the day at sub-$1,370 levels.

 

How did Ripple’s XRP fare?

 

Ripple’s XRP surged forward by 0.12% to $0.29460 on Wednesday. After a mixed start of the day, the crypto plunged to an early morning low $0.29044 before hitting a high $0.29494.

 

On Tuesday, Ripple’s XRP increased by 2.87%. After adding 2.77% on Monday, the crypto ended the day at $0.29424. Ripple’s XRP plummeted down to an early morning intraday low $0.28415 before moving, though. It also steered clear of the first major support level at $0.2751, but then the crypto soared to a mid-morning intraday high $0.32960.

 

Furthermore, it broke through the day’s major resistance levels, as well as the 23.6% FIB of $0.3172. Despite that, XRP traded on the bearish territory during the rest of the session. It fell back through the third major resistance level at $0.3157, along with the second major resistance level at $0.2988.

 

Still, the crypto managed to find support at the first major resistance level at $0.2921 and ended the day at $0.294 levels.

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