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XRP (XRP)
It has been a sluggish day for crypto. For a good part of the last 24 hours, XRP (XRP) has been trading in a range between $ 0.378 on the upper limit and $ 0.371 on the 200-day MA on the lower limit. However, in the last 3 hours, XRP (XRP) has broken below this range to the lower side, to hit a low of $ 0.363. This is an indicator that could be taken from XRP (XRP). To go short on XRP (XRP), it would be best to wait for a break below the day's low. This would be confirmation of the bearish trend. A good exit point at $ 0.359. This is a key support level for XRP (XRP) in the last 4 days and possible reversal point for XRP in the short-term.
However, in case XRP (XRP) pushes above the day's upper range of $ 0.378, and pushes above the day's high of $ 0.382, it would be triggered with a target of $ 0.419. This is a key resistance point for XRP on the 12-hour 200-day MA.
Litecoin (LTC)
Litecoin (LTC) has been on a bearish trend for the past 7 days. In this period, it has pushed up from a low of $ 31.95 to a high of $ 42.25. However, in the past 24 hours, it has been on a slow downward slide, to hit at $ 39.08 on the 100-day MA. If in the next 24-hours Litecoin (LTC) breaks below the 100-day MA at $ 30.08, it would be an indicator that the bears are taking control of the market. A good exit point at $ 36.18. This is a key support level for Litecoin (LTC) on the 200-day MA.
However, in the event that Litecoin (LTC) pushes above the day's high of $ 42.25, it would be an indicator that the bulls are in control. A long exit point at $ 54.83 on the day chart's 200-day MA.
IOTA (MIOTA)
In the past 24-hours, IOTA (MIOTA) has been volatile, and has formed a double top at $ 0.380. Since IOTA hit this price level, it has been on a 12-hour downtrend, to hit a low of $ 0.370. To go short on IOTA (MIOTA), it would be best to wait for the day's low of $ 0.370. With a target of $ 0.362. This is a 48-hour low and a possible exit point from a short-term short position.
However, in the scenario that IOTA (MIOTA) pushes past the day's high of $ 0.380 and invalidates the double top pattern, it would be a signal to go long. A good exit point at $ 0.401. This is a key resistance point for IOTA (MIOTA) on the 12-hour 200-day MA. If it pushes above this level, IOTA (MIOTA) could possibly rise to $ 0.581. This is a key resistance level for IOTA on the day chart's 200-day MA.
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