Bitcoin
$23,812.01
+241.15
(+1.02%)
Ethereum
$1,674.88
+42.5
(+2.6%)
Ripple
$0.41
0
(+0.44%)
Litecoin
$99.86
+2.18
(+2.23%)
EOS
$1.09
+0.03
(+3.02%)
Cardano
$0.40
+0.01
(+3.11%)
Stellar
$0.09
0
(+1.83%)
NEO
$8.97
+0.69
(+8.29%)
NEM
$0.04
0
(+0.8%)
DigitalCash
$61.95
+0.95
(+1.56%)
Tether
$1.00
0
(0%)
Binance Coin
$328.38
+11.58
(+3.66%)
QTUM
$2.77
+0.06
(+2.1%)
Verge
$0.00
0
(+2.94%)
Ontology
$0.22
+0.01
(+3.18%)
ZCash
$46.82
+0.38
(+0.82%)
Steem
$0.20
+0.01
(+3.46%)

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 1st, 2021

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For the day ahead

Litecoin would need to move back through the $143 pivot to bring the first major resistance level at $149 into play.

Support from the broader market would be needed, however, for Litecoin to break out from Wednesday’s high $146.94.

Barring an extended crypto rally, the first major resistance level and resistance at $150 would likely cap any upside.

In the event of an extended breakout, Litecoin could test resistance at $160. The second major resistance level sits at $153.

Failure to move back through the $143 pivot would bring the first major support level at $138 into play.

Barring an extended sell-off, however, Litecoin should steer clear of sub-$130 levels. The second major support level at $132 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $138

Pivot Level: $143

First Major Resistance Level: $149

23.6% FIB Retracement Level: $178

38.2% FIB Retracement Level: $223

62% FIB Retracement Level: $296

Ripple’s XRP

Ripple’s XRP fell by 0.60% on Wednesday. Partially reversing a 9.51% rally from Tuesday, Ripple’s XRP ended the day at $0.70304.

A mixed start to the day saw Ripple’s XRP rise to an early morning intraday high $0.71322 before hitting reverse.

Falling short of the first major resistance level at $0.7443, Ripple’s XRP slid to a late afternoon intraday low $0.64855.

Ripple’s XRP fell through the first major support level at $0.6546 before a partial recovery to $0.70 levels.

At the time of writing, Ripple’s XRP was down by 1.48% to $0.69262. A bearish start to the day saw Ripple’s XRP fall from an early morning high $0.70433 to a low $0.69236.

Ripple’s XRP left the major support and resistance levels untested early on.



Read More: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 1st, 2021

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