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\n<\/p>\n
Litecoin would need to avoid a fall through the $215 pivot level to support a run at the first major resistance level at $232.<\/p>\n
Support from the broader market would be needed, however, for Litecoin to break out from Monday\u2019s high $225.00.<\/p>\n
Barring an extended crypto rally, the first major resistance level would likely cap any upside.<\/p>\n
In the event of an extended rally, Litecoin could test resistance at $250 before any pullback. The second major resistance level sits at $242.<\/p>\n
Failure to avoid a fall through the $215 pivot level would bring the first major support level at $205 into play.<\/p>\n
Barring an extended sell-off, Litecoin should steer clear of sub-$190 levels and the second major support level at $188.<\/p>\n
The 23.6% FIB of $195 would likely limit the downside.<\/p>\n
First Major Support Level: $205<\/p>\n
Pivot Level: $215<\/p>\n
First Major Resistance Level: $232<\/p>\n
23.6% FIB Retracement Level: $195<\/p>\n
38.2% FIB Retracement Level: $163<\/p>\n
62% FIB Retracement Level: $110<\/p>\n
Ripple\u2019s XRP left the major support and resistance levels untested early on.<\/p>\n<\/div>\n
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