Litecoin lowered by 1.03% Monday. What about Ripple’s XRP?

Litecoin lowered by 1.03% Monday. What about Ripple’s XRP?

Litecoin declined by 1.03% to $81.35 on Monday. After starting the session on bearish territory, the crypto tumbled down from an early morning high $82.25 to a low $81.31. Litecoin also hasn’t tested the major support and resistance levels thus far.

 

On the other hand, Litecoin skyrocketed by 7.14% on Sunday. Despite gaining 6.21% on Saturday as well, the crypto still ended the week lower by 1.65% to $82.20.

 

It fluctuated during the session, plummeting to an early morning intraday low $75.63 before moving. Furthermore, Litecoin steered clear of the first major support level at $73.24 and surged forward to a late afternoon intraday high $84.34.

 

The crypto also managed to break through the first major resistance level at $78.87, along with the second major resistance level at $81.08. But it fell short of $85 levels and dropped down again, ending the day at $82 levels.

 

Meanwhile, Ripple’s XRP tumbled down by 0.95% to $0.50822 on Monday. After a bearish start of the day, the crypto plummeted down from an early morning high $0.51316 to a low $0.50822. It hasn’t tested the major support and resistance levels as well.

 

On Sunday, Ripple’s XRP jumped by 1.27%. However, after losing 8.21% on Saturday, the crypto ended the week lower by 17.78% to $0.51310.

 

Ripple’s XRP plunged to an early morning intraday low $0.48604 on Sunday before finding support. It also steered clear of the first major support level at $0.4738. However, the crypto surged forward to an early afternoon intraday high $0.52788 soon.

 

Despite falling short of the first major resistance level at $0.5459, XRP managed to break through the 38.2% FIB of $0.5285. However, a bearish end to the day caused Ripple’s XRP to drop back through the 38.2% FIB. It ended the day at $0.51 levels.

 

How did Ethereum fare?

 

Ethereum plummeted down by 0.67% to $586.81 on Monday. After a bearish start of the day, the crypto plunged from an early morning high $590.54 to a low $586.76. It also left the major support and resistance levels untested so far.

 

On Sunday, Ethereum soared by 3.89%. Despite rallying by 4.43% on Saturday, the crypto still ended the week lower by 1.86% to $590.75. It fluctuated during the session though, tumbling to an early morning intraday low $563.79 before moving.

 

Ethereum also steered clear of the first major support level at $549.80, but it rallied to a late afternoon intraday high $595.21. The crypto also managed to break through the first major resistance level at $580.91, along with the second major resistance level at $593.17.

 

However, Ethereum fell short of $600 levels and dropped back through the second major resistance level, ending the week at $590 levels.

  • Support
  • Platform
  • Spread
  • Trading Instrument
Comments Rating 0 (0 reviews)