Litecoin surged forward by 2.05% to $125.15 on Thursday. After a mixed start of the day, the crypto tumbled down to an early morning low $120.91 before jumping to a high $125.48. It also left the major support and resistance levels untested but managed to break through the 38.2% FIB of $125.
On Wednesday, Litecoin plunged by 9.08%. After declining by 1.66% on Tuesday, the crypto ended the day at $122.63. It fluctuated during the session, soaring to an early morning intraday high $135.13 before reversing course.
Litecoin also fell short of the first major resistance level at $140.25 and dropped to an early afternoon intraday low $118.00.
Furthermore, the crypto fell through the first major support level at $128.87, along with the second major support level at $122.05. The sell-off caused it to slid through the 38.2% FIB of $125.
Despite that, Litecoin found support at sub-$120 levels and briefly rebounded to $127 levels before dropping back through the 38.2% FIB.
Meanwhile, Ethereum gained 2.16% to $1,267.71 on Thursday. After a mixed start of the day, the crypto plummeted down to an early morning low $1,220.08 before soaring to a high $1,274.31. It also left the major support and resistance levels untested thus far.
On Wednesday, Ethereum collapsed by 9.28%, reversing a 3.79% rally from Tuesday. The crypto ended the day at $1,240.96. It fluctuated though, surging to an early morning intraday high $1,375.91 before pulling back.
The crypto fell short of the first major resistance level at $1,416 and sank to an early afternoon intraday low $1,206.05. The sell-off caused it to slid through the first major support level at $1,283 before finding support.
However, Ethereum steering clear of sub-$1,200 support levels and rebounded to $1,300 levels before plunging back into the deep red.
Ripple’s XRP climbed up by 0.98% to $0.25348 on Thursday. After a mixed start of the day, the crypto plummeted down to an early morning low $0.24749 before hitting a high $0.25349. However, it left the major support and resistance levels untested thus far.
On Wednesday, Ripple’s XRP dropped by 6.51%, reversing a 0.43% gain from Tuesday. The crypto ended the day at $0.25103. It fluctuated during the session, jumping to an early morning intraday high $0.26870 before pulling back.
Furthermore, XRP fell short of the first major resistance level at $0.2738 and tumbled to an early afternoon intraday low $0.24369. The sell-off caused the crypto to slid through the first major support level at $0.2609, as well as the second major support level at $0.2530. However, it briefly revisited $0.257 levels before dropping back through the second major support level.
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