Litecoin declined by 0.14% to $181.50 on Thursday. After a mixed start of the day, the crypto surged forward to an early morning high $183.49 before plunging to a low $180.43. It also left the major support and resistance levels untested thus far.
On Wednesday, Litecoin tumbled down by 0.02%. After rallying by 8.54% on Tuesday, the crypto ended the day at $181.76. It traded on the bullish territory at the beginning of the session. The crypto soared to a late morning intraday high, as well as a new swing hi $195.15 before reversing course.
The early rally helped Litecoin break through the first major resistance level before tumbling to a mid-day intraday low $170.14.
Afterward, it steered clear of the first major support level. However, Litecoin managed to rebound back to $183 levels before lowering into the red again.
Meanwhile, Ethereum plummeted down by 0.34% to $1,737.02 on Thursday. After a mixed start of the day, the crypto jumped to an early morning high $1,750 before dropping to a low $1,730.18. It also left the major support and resistance levels untested thus far.
On Wednesday, Ethereum declined by 1.64%. After reversing a 1.09% gain from Tuesday, the crypto ended the day at 1,742.93.
Thanks to a bullish start of the day, Ethereum rallied to a late morning intraday high, along with a new swing hi $1,839.00 before reversing course.
It also came up against the first major resistance level at $1,828 but then plunged to an early afternoon intraday low $1,680.00.
Furthermore, the crypto slid through the first major support level at $1,713 before rebounding to $1,750 levels. Despite that, Ethereum ended the session at sub-$1,750 due to late pullback.
Ripple’s XRP plummeted down by 0.52% to $0.50307 on Thursday. After a mixed start of the day, the crypto hit an early morning high $0.50995 before dropping to a low $0.49895. It left the major support and resistance levels untested so far, as well.
On Wednesday, Ripple’s XRP increased by 6.00%. After gaining 5.54% on Tuesday, the crypto ended the day at $0.50568.
Furthermore, XRP skyrocketed to a late morning intraday high $0.5429 before pulling back. It also managed to break through the first major resistance level at $0.4954, as well as the second major resistance level at $0.5139.
However, the crypto came up short of the 62% FIB of $0.5522, along with the third major resistance level at $0.5554, and it dropped to a mid-day intraday low $0.4510.
Despite that, XRP found support at the first major support level at $0.4540 and rebounded, ending the day at $0.50 levels.
Key Points: The Canadian Dollar has traded higher for the fourth consecutive day, reflecting a positive market sentiment. Recent GDP…
Key Points: GBP/JPY stands near 191.00, showing resilience in recent trading sessions. The S&P 500 and Dow Jones are in…
Key Points: Bitcoin and Ether options contracts valued at a total of $15.2 billion settled at 08:00 UTC. Deribit leads…
Key Points: Cocoa prices surpass $10,000 per metric ton for May delivery, marking a 3.9% increase. West Africa, producing about…
Key Points: China's EVs claim 19.5% EU market share, expected to grow over 25% by 2024. European Commission investigates subsidies…
Key points: Amazon announces a landmark $2.75 billion investment in AI firm Anthropic, totalling a potential $4 billion commitment. The…
This website uses cookies.