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Author Topic: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis  (Read 4806 times)

MrSpasybo

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis
« on: December 10, 2020, 09:00:36 PM »
It’s a bearish start to the day for the majors. Avoiding the day’s pivot levels would support a run at the major resistance levels, however.

Ethereum
Ethereum rose by 3.35% on Wednesday. Partially reversing a 6.21% slide from Tuesday, Ethereum ended the day at $573.38.

It was a bearish start to the day. Ethereum fell through the first major support level at $536.78 to a late morning intraday low $530.32 before making a move.

Finding support going into the afternoon, Ethereum rallied to a late intraday high $578.67.

Falling short of the first major resistance level at $584.13, however, Ethereum eased back to sub-$580 levels to limit the upside on the day.

At the time of writing, Ethereum was down by 0.43% to $570.93. A mixed start to the day saw Ethereum rise to an early morning high $575.62 before falling to a low $570.03.

Ethereum left the major support and resistance levels untested early on.


For the day ahead
Ethereum would need to avoid a fall through the pivot level at $560.79 to support a run at the first major resistance level at $591.26.

Support from the broader market would be needed, however, for Ethereum to break back through to $590 levels.

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

In the event of an extended crypto rally, Ethereum could test resistance at $610 before any pullback. The second major resistance level sits at $609.14.

A fall through the $560.79 pivot would bring the first major support level at $542.91 into play.

Barring another extended sell-off, however, Ethereum should steer clear of sub-$520 levels. The second major support level sits at $512.44.

Looking at the Technical Indicators
First Major Support Level: $542.91

Pivot Level: $560.79

First Major Resistance Level: $591.26

23.6% FIB Retracement Level: $495

38.2% FIB Retracement Level: $416

62% FIB Retracement Level: $288

Litecoin
Litecoin rose by 0.98% on Wednesday. Partially reversing Tuesday’s 8.08% slide, Litecoin ended the day at $77.45.

It was also a bearish start to the day. Litecoin fell to a late morning intraday low $72.15 before making a move.

The reversal saw Litecoin fall through the first major support level at $73.16 before striking a late intraday high $78.24.

Falling short of the first major resistance level at $82.59, Litecoin eased back to wrap up the day at $77 levels.

At the time of writing, Litecoin was down by 0.62 to $76.97. A mixed start to the day saw Litecoin rise to an early morning high $77.64 before falling to a low $76.85.

Litecoin left the major support and resistance levels untested early on.


For the day ahead
Litecoin would need to avoid a fall through the $75.95 pivot to support a run at the first major resistance level at $79.74.

Support from the broader market would be needed, however, for Litecoin to break out from Wednesday’s high $78.24.

Barring an extended crypto rally, the first major resistance level and resistance at $80 would likely cap any upside.

In the event of an extended breakout, Litecoin could test the second major resistance level at $82.04 and resistance at $85.

A fall through the $75.95 pivot level would bring the first major support level at $73.65 into play.

Barring another extended sell-off on the day, however, Litecoin should steer clear of the second major support level at $69.86. The 38.2% FIB of $71 should limit the downside.

Looking at the Technical Indicators
First Major Support Level: $73.65

Pivot Level: $75.95

First Major Resistance Level: $79.74

23.6% FIB Retracement Level: $45.30

38.2% FIB Retracement Level: $71

62% FIB Retracement Level: $100

Ripple’s XRP
Ripple’s XRP rallied by 4.42% on Wednesday. Partially reversing an 8.17% slide from Tuesday, Ripple’s XRP ended the day at $0.58313.

Tracking the broader market, Ripple’s XRP slid to a late morning intraday low $0.5028 before making a move.

The sell-off saw Ripple’s XRP fall through the first major support level at $0.5357 and the second major support level at $0.5125.

More significantly, Ripple’s XRP also fell through the 38.2% FIB before bouncing back to a late intraday high $0.60527.

Breaking back through the 38.2% FIB and support levels, Ripple’s XRP broke through the first major resistance level at $0.5963.

A late pullback, however, saw Ripple’s XRP fall to sub-$0.60 levels to limit the upside on the day.

At the time of writing, Ripple’s XRP was down by 0.68% to $0.57914.  A mixed start to the day saw Ripple’s XRP rise to an early morning high $0.58727 before falling to a low $0.57813.

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


For the day ahead
Ripple’s XRP will need to avoid a fall through the $0.5637 pivot level to bring the first major resistance level at $0.6247 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.62 levels.

Barring an extended crypto rally, the first major resistance level and 23.6% FIB of $0.6274 would likely cap any upside.

In the event of an extended rally, Ripple’s XRP could test resistance at $0.65 before any pullback. The second major resistance sits at $0.6662.

A fall through the $0.5637 pivot would bring the 38.2% FIB of $0.5285 and the first major support level at $0.5222 into play.

Barring another extended crypto sell-off, Ripple’s XRP should avoid sub-$0.50 levels. The second major support level sits at $0.4613.

Looking at the Technical Indicators
First Major Support Level: $0.5222

Pivot Level: $0.5637

First Major Resistance Level: $0.6247

23.6% FIB Retracement Level: $0.6274

38.2% FIB Retracement Level: $0.5285

62% FIB Retracement Level: $0.3687

Source: fxempire
« Last Edit: December 17, 2020, 10:58:05 PM by MrSpasybo »
Polkadot does what Ethereum cannot

MrSpasybo

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Re: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis
« Reply #1 on: December 17, 2020, 11:07:21 PM »
December 17th, 2020: It’s a bullish start to the day. Avoiding the day’s pivot levels would support a run at the resistance levels and further upside on the day.

Ethereum
Ethereum rallied by 8.30% on Wednesday. Following on from a 0.46% gain on Tuesday, Ethereum ended the day at $637.98.

A bearish start to the day saw Ethereum fall to a mid-morning intraday low $581.21 before making a move.

Steering clear of the first major support level at $579.81, Ethereum surged to a late intraday high and a new swing hi $639.58.

Ethereum broke through the day’s major resistance levels and the previous current year’s high of $636.53.

In spite of a partial pullback, Ethereum held well above the third major resistance level at $624.20.

At the time of writing, Ethereum was up by 1.03% to $644.56. A mixed start saw Ethereum slip to an early morning low $637.50 before striking a morning high and a new swing hi $645.59.

Ethereum left the major support and resistance levels untested early on.


For the day ahead
Ethereum would need to avoid a fall through the pivot level at $619.59 to support a run at the first major resistance level at $657.97.

Support from the broader market would be needed, however, for Ethereum to break through to $650 levels.

Barring another extended crypto rally, the first major resistance level would likely cap any upside.

In the event of another extended crypto rally, Ethereum could test resistance at $680 before any pullback. The second major resistance level sits at $677.96.

Failure to avoid a fall through the $619.59 pivot would bring the first major support level at $599.60 into play.

Barring an extended sell-off, however, Ethereum should steer clear of sub-$590 levels. The second major support level sits at $561.22.

Looking at the Technical Indicators
First Major Support Level: $599.6

Pivot Level: $619.59

First Major Resistance Level: $657.97

23.6% FIB Retracement Level: $508

38.2% FIB Retracement Level: $426

62% FIB Retracement Level: $294

Litecoin
Litecoin surged by 14.25% on Wednesday. Reversing a 1.24% fall from Tuesday, Litecoin ended the day at $93.02.

It was also a bearish start to the day. Litecoin fell to an early morning intraday low $78.43 before making a move. The reversal saw Litecoin fall through the first major support level at $79.49.

Finding late morning support, however, Litecoin surged to a late intraday high $93.30.

Litecoin broke through the major resistance levels and held onto $93 levels at the day end.

At the time of writing, Litecoin was up by 0.43% to $93.42. A mixed start to the day saw Litecoin fall to an early morning low $92.89 before rising to a high $94.39.

Litecoin left the major support and resistance levels untested early on.


For the day ahead
Litecoin would need to avoid a fall through the $88.25 pivot to support a run at the first major resistance level at $98.07.

Support from the broader market would be needed, however, for Litecoin to break out from $95 levels.

Barring an extended crypto rally, the first major resistance level and the 62% FIB of $100 would likely cap any upside.

In the event of another extended breakout, Litecoin could resistance at $105 before any pullback. The second major resistance level sits at $103.12.

Failure to avoid a fall through the $88.25 pivot level would bring the first major support level at $83.20 into play.

Barring an extended sell-off on the day, however, Litecoin should steer clear of sub-$80 support levels. The second major support level sits at $73.38.

Looking at the Technical Indicators
First Major Support Level: $83.20

Pivot Level: $88.25

First Major Resistance Level: $98.07

23.6% FIB Retracement Level: $45.30

38.2% FIB Retracement Level: $71

62% FIB Retracement Level: $100

Ripple’s XRP
Ripple’s XRP jumped by 21.67% on Wednesday. Reversing a 5.85% slide from Tuesday, Ripple’s XRP ended the day at $0.5701.

Tracking the broader market, Ripple’s XRP fell to an early morning intraday low $0.43727 before making a move.

Ripple’s XRP fell through the first major support level at $0.4542 and the second major support level at $0.4396.

Steering clear of sub-$0.40 levels, Ripple’s XRP rallied to a late intraday high $0.57500.

Ripple’s XRP broke through the day’s major resistance levels and the 38.2% FIB of $0.5285 to end the day at $0.57 levels.

At the time of writing, Ripple’s XRP was up by 0.71% to $0.57416. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.56762 before rising to a high $0.58299.

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


For the day ahead
Ripple’s XRP will need to avoid a fall through the 38.2% FIB of $0.5285 and the $0.5275 pivot level to bring the first major resistance level at $0.6176 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.60 levels.

Barring an extended crypto rally, the first major resistance level and the 23.6% FIB of $0.6274 would likely cap any upside.

In the event of an extended rally, Ripple’s XRP could test resistance at $0.65. The second major resistance sits at $0.6652.

Failure to avoid a fall through the 38.2% FIB and the $0.5275 pivot would bring the first major support level at $0.4799 into play.

Barring an extended crypto sell-off, Ripple’s XRP should continue to avoid sub-$0.40 levels. The second major support level sits at $0.3897.

Looking at the Technical Indicators
First Major Support Level: $0.4799

Pivot Level: $0.5275

First Major Resistance Level: $0.6176

23.6% FIB Retracement Level: $0.6274

38.2% FIB Retracement Level: $0.5285

62% FIB Retracement Level: $0.3687
Polkadot does what Ethereum cannot

MrSpasybo

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Re: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis
« Reply #2 on: December 18, 2020, 11:57:13 PM »
December 18th, 2020
It’s a bearish start to the day for the majors. Failure to move through the day’s pivot levels would bring support levels into play.


Ethereum
Ethereum rose by 0.86% on Thursday. Following an 8.30% rally from Wednesday, Ethereum ended the day at $643.37.

A mixed start to the day saw Ethereum fall to an early morning low $634.02 before making a move.

Steering well clear of the first major support level at $599.60, Ethereum surged to a late afternoon intraday high and a new swing hi $677.05.

Ethereum broke through the first major resistance level at $657.97. Coming within range of the second major resistance level at $677.96, however, Ethereum slid to a late intraday low $626.79.

Continuing to steer clear of the first major support level at $599.60, Ethereum recovered to end the day at $643 levels.

At the time of writing, Ethereum was down by 0.76% to $638.45. A mixed start to the day saw Ethereum rise to an early morning high $645.00 before falling to a low $638.08.

Ethereum left the major support and resistance levels untested early on.


For the day ahead
Ethereum would need to move through the pivot level at $649.07 to support a run at the first major resistance level at $671.35.

Support from the broader market would be needed, however, for Ethereum to break back through to $670 levels.

Barring another extended crypto rally, the first major resistance level and Thursday’s high $677.05 would likely cap any upside.

In the event of another extended crypto rally, Ethereum could test resistance at $700 before any pullback. The second major resistance level sits at $699.33.

Failure to move through the $649.07 pivot would bring the first major support level at $621.09 into play.

Barring an extended sell-off, however, Ethereum should steer clear of sub-$600 levels. The second major support level sits at $598.81.

Looking at the Technical Indicators
First Major Support Level: $621.09

Pivot Level: $649.07

First Major Resistance Level: $671.35

23.6% FIB Retracement Level: $536

38.2% FIB Retracement Level: $449

62% FIB Retracement Level: $308

Litecoin
Litecoin rallied by 8.86% on Thursday. Following on from a 14.25% surge on Wednesday, Litecoin ended the day at $101.17.

It was also a mixed start to the day. Litecoin fell to an early morning intraday low $90.44 before making a move.

Steering clear of the first major support level at $83.20, Litecoin rallied to a late afternoon intraday high $110.00.

Litecoin broke through the first major resistance level at $98.07 and the second major resistance level at $103.12.

More significantly, Litecoin also broke through the 62% FIB of $100 before a late pullback.

The late pullback saw Litecoin fall back through the 62% FIB and resistance levels before ending the day at $101 levels.

Litecoin broke back through the first major resistance level and the 62% FIB. The second major resistance level at $103.12 pinned Litecoin back, however.

At the time of writing, Litecoin was down by 1.11% to $100.05. A mixed start to the day saw Litecoin rise to an early morning high $101.48 before falling to a low $99.90

Litecoin left the major support and resistance levels untested early on. The early pullback did see Litecoin fall through the 62% FIB of $100, however.


For the day ahead
Litecoin would need to move back through the $100.54 pivot to support a run at the first major resistance level at $110.63.

Support from the broader market would be needed, however, for Litecoin to break back through to $110 levels.

Barring an extended crypto rally, the first major resistance level and Thursday’s high $110.00 would likely cap any upside.

In the event of another extended breakout, Litecoin could resistance at $120 before any pullback. The second major resistance level sits at $120.10.

Litecoin would need to hold above the 62% FIB on the day to affirm the formation of a near-term bullish trend.

Failure to move back through the $100.54 pivot level would bring the 62% FIB and the first major support level at $91.07 into play.

Barring an extended sell-off on the day, however, Litecoin should steer clear of sub-$90 support levels. The second major support level sits at $80.98.

Looking at the Technical Indicators
First Major Support Level: $91.07

Pivot Level: $100.54

First Major Resistance Level: $110.63

23.6% FIB Retracement Level: $45.30

38.2% FIB Retracement Level: $71

62% FIB Retracement Level: $100

Ripple’s XRP
Ripple’s XRP rose by 1.49% on Thursday. Following a 21.67% breakout on Wednesday, Ripple’s XRP ended the day at $0.57848.

Tracking the broader market, Ripple’s XRP fell to an early morning intraday low $0.54017 before making a move.

Steering clear of the first major support level at $0.4799, Ripple’s XRP rallied to a late afternoon intraday high $0.6590.

Ripple’s XRP broke through the first major resistance level at $0.6176 and the 23.6% FIB of $0.6274.

Falling short of the second major resistance level at $0.6652, however, Ripple’s XRP fell back to $0.56 levels before steadying.

The pullback saw Ripple’s XRP fall back through the 23.6% FIB and the first major resistance level to limit the upside on the day.

At the time of writing, Ripple’s XRP was down by 3.53% to $0.55807. A mixed start to the day saw Ripple’s XRP rise to an early morning high $0.57881 before sliding to a low $0.55700.

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


For the day ahead
Ripple’s XRP will need to move through the $0.5926 pivot level to bring the first major resistance level at $0.6449 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through the 23.6% FIB of $0.6274.

Barring an extended crypto rally, the first major resistance level and Thursday’s high $0.6590 would likely cap any upside.

In the event of an extended rally, Ripple’s XRP could test resistance at $0.70. The second major resistance sits at $0.7114.

Failure to move through the $0.5926 pivot would bring the first major support level at $0.5261 into play.

Barring an extended crypto sell-off, Ripple’s XRP should avoid sub-$0.50 support levels. The second major support level sits at $0.4737.

Looking at the Technical Indicators
First Major Support Level: $0.5261

Pivot Level: $0.5926

First Major Resistance Level: $0.6449

23.6% FIB Retracement Level: $0.6274

38.2% FIB Retracement Level: $0.5285

62% FIB Retracement Level: $0.3687
Polkadot does what Ethereum cannot

auntyjmary

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Re: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis
« Reply #3 on: December 19, 2020, 06:40:01 PM »
The festive season certainly look good for the  crypto market. Currently banking my hopes on the likes of $AWC, ETH, XRP and BTC. With the help of my truly decentralized wallet application from atomicwallet.io, I can keep all the coins on one trusted wallet.

MrSpasybo

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Re: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis
« Reply #4 on: December 20, 2020, 12:03:19 AM »
December 19th, 2020
It’s a bearish start to the day for the majors. Movement around the pivot levels will be key through the early part of the day.


Ethereum
Ethereum rose by 1.77% on Friday. Following a 0.86% gain on Thursday, Ethereum ended the day at $654.66.

A mixed start to the day saw Ethereum fall to an early morning low $629.59 before making a move.

Steering clear of the first major support level at $62.109, Ethereum rallied to a late morning intraday high $664.46.

Falling short of $670 levels and the first major resistance level at $671.35, Ethereum fell back to an afternoon low $631.02.

Finding late support, however, Ethereum moved back through to $654 levels to deliver the upside on the day.

At the time of writing, Ethereum was down by 0.15% to $653.67. A mixed start to the day saw Ethereum rise to an early morning high $656.48 before falling to a low $653.17.

Ethereum left the major support and resistance levels untested early on.


For the day ahead
Ethereum would need to avoid a fall through the pivot level at $649.57 to support a run at the first major resistance level at $669.55.

Support from the broader market would be needed, however, for Ethereum to break out from Friday’s high $664.46.

Barring another extended crypto rally, the first major resistance level and resistance at $670 would likely cap any upside.

In the event of another extended crypto rally, Ethereum could test resistance at $680 before any pullback. The second major resistance level sits at $684.44.

Failure to avoid a fall through the $649.57 pivot would bring the first major support level at $634.68 into play.

Barring an extended sell-off, however, Ethereum should steer clear of sub-$600 levels. The second major support level at $614.70 should limit any downside.

Looking at the Technical Indicators
First Major Support Level: $634.68

Pivot Level: $649.57

First Major Resistance Level: $669.55

23.6% FIB Retracement Level: $536

38.2% FIB Retracement Level: $449

62% FIB Retracement Level: $308

Litecoin
Litecoin rallied by 8.31% on Friday. Following on from an 8.86% jump on Thursday, Litecoin ended the day at $109.46.

It was also a mixed start to the day. Litecoin fell to an early morning intraday low $99.28 before making a move.

While steering clear of the first major support level at $91.07, Litecoin fell back through the 62% FIB of $100.

Finding support early on, however, Litecoin rallied to an early morning intraday high $112.92 before easing back.

Litecoin broke through the first major resistance level at $110.63 before falling back to $102 levels.

Steering clear of the 62% FIB, however, Litecoin moved back through to $109 levels to wrap up a bullish day.

At the time of writing, Litecoin was down by 0.37% to $109.05. A mixed start to the day saw Litecoin rise to an early morning high $110.09 before falling to a low $108.78.

Litecoin left the major support and resistance levels untested early on.


For the day ahead
Litecoin would need to avoid a fall through the $107.22 pivot to support a run at the first major resistance level at $115.16.

Support from the broader market would be needed, however, for Litecoin to break out from Friday’s high $112.92.

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

In the event of another extended breakout, Litecoin could resistance at $120 before any pullback. The second major resistance level sits at $120.86.

Failure to avoid a fall through the $107.22 pivot level would bring the first major support level at $101.52 into play.

Barring an extended sell-off on the day, however, Litecoin should steer clear of the second major support level at $93.58.

Looking at the Technical Indicators
First Major Support Level: $101.52

Pivot Level: $107.22

First Major Resistance Level: $115.16

23.6% FIB Retracement Level: $45.30

38.2% FIB Retracement Level: $71

62% FIB Retracement Level: $100

Ripple’s XRP
Ripple’s XRP rose by 1.29% on Friday. Following on from a 1.49% gain on Thursday, Ripple’s XRP ended the day at $0.58474.

Tracking the broader market, Ripple’s XRP fell to an early morning intraday low $0.5510 before making a move.

Steering clear of the 38.2% FIB of $0.5285 and the first major support level at $0.5261, Ripple’s XRP rallied to an early morning intraday high $0.6181.

Falling short of the 23.6% FIB of $0.6274 and the first major resistance level at $0.6449, Ripple’s XRP fell back to $0.55 levels.

Finding late support, however, Ripple’s XRP moved back through to $0.58 levels to deliver the upside on the day.

At the time of writing, Ripple’s XRP was down by 0.62% to $0.58112. A mixed start to the day saw Ripple’s XRP rise to an early morning high $0.58656 before falling to a low $0.58079.

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


For the day ahead
Ripple’s XRP will need to move back through the $0.5846 pivot level to bring the first major resistance level at $0.6182 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.61 levels.

Barring an extended crypto rally, the first major resistance level and 23.6% FIB of $0.6274 would likely cap any upside.

In the event of an extended rally, Ripple’s XRP could test resistance at $0.70. The second major resistance sits at $0.6517.

Failure to move back through the $0.5846 pivot would bring the first major support level at $0.5511 into play.

Barring an extended crypto sell-off, Ripple’s XRP should avoid sub-$0.50 support levels. The 38.2% FIB of $0.5285 and the second major support level at $0.5175 should limit the downside.

Looking at the Technical Indicators
First Major Support Level: $0.5511

Pivot Level: $0.5846

First Major Resistance Level: $0.6182

23.6% FIB Retracement Level: $0.6274

38.2% FIB Retracement Level: $0.5285

62% FIB Retracement Level: $0.3687
Polkadot does what Ethereum cannot

MrSpasybo

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Re: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis
« Reply #5 on: December 21, 2020, 11:36:19 PM »
December 21st, 2020
It’s a bullish start to the day for the majors. Avoiding the pivot levels would bring resistance levels into play.


Ethereum
Ethereum fell by 3.10% on Sunday. Reversing a 0.66% gain from Saturday, Ethereum ended the week up by 8.12% to $638.4.

A bullish start to the day saw Ethereum rise to a late morning intraday high $661.40 before falling to $642 levels.

Ethereum fell through the first major support level at $646.31 before briefly revisiting $658 levels. A late sell-off, however, saw Ethereum slide to a late intraday low $621.46.

The sell-off saw Ethereum fall through the first major support level at $646.31 and the second major support level at $633.67.

Finding late support, however, Ethereum moved back through the second major support level to reduce the loss for the day.

At the time of writing, Ethereum was up by 0.67% to $642.65. A mixed start to the day saw Ethereum fall to an early morning low $634.16 before rising to a high $642.65.

Ethereum left the major support and resistance levels untested early on.


For the day ahead
Ethereum would need to avoid a fall back through the pivot level at $640.42 to support a run at the first major resistance level at $659.38.

Support from the broader market would be needed, however, for Ethereum to break back through to $650 levels.

Barring another extended crypto rally, the first major resistance level and resistance at $660 would likely cap any upside.

In the event of another extended crypto rally, Ethereum could test resistance at $670 before any pullback. The second major resistance level sits at $680.36.

Failure to avoid a fall back through the $640.42 pivot would bring the first major support level at $619.44 into play.

Barring an extended sell-off, however, Ethereum should steer clear of sub-$600 levels. The second major support level at $600.48 should limit any downside.

Looking at the Technical Indicators
First Major Support Level: $619.44

Pivot Level: $640.42

First Major Resistance Level: $659.38

23.6% FIB Retracement Level: $536

38.2% FIB Retracement Level: $449

62% FIB Retracement Level: $308

Litecoin
Litecoin slid by 4.49% on Sunday. Partially reversing a 9.66% gain from Saturday, Litecoin ended the week up by 39.48% to $114.65.

It was also a mixed start to the day. Recovering from an early morning low $118.3, Litecoin struck a mid-morning intraday high $123.19 before hitting reverse.

Falling short of the first major resistance level at $127.78, Litecoin slid to a late intraday low $109.85.

Steering clear of the first major support level at $108.88, Litecoin moved back through to $115 levels before easing back.

At the time of writing, Litecoin was up by 1.29% to $116.13. A mixed start to the day saw Litecoin fall to an early morning low $113.12 before striking a high $116.14.

Litecoin left the major support and resistance levels untested early on.


For the day ahead
Litecoin would need to avoid a fall back through the $115.90 pivot to support a run at the first major resistance level at $121.94.

Support from the broader market would be needed, however, for Litecoin to break back through to $120 levels.

Barring an extended crypto rally, the first major resistance level and Sunday’s high $123.19 would likely cap any upside.

In the event of another extended breakout, Litecoin could resistance at $130 before any pullback. The second major resistance level sits at $129.24.

Failure to move through the $115.90 pivot level would bring the first major support level at $108.60 into play.

Barring an extended sell-off on the day, however, Litecoin should steer clear of sub-$100 levels. The second major support level at $102.56 and 23.6% FIB of $101 should limit the downside.

Looking at the Technical Indicators
First Major Support Level: $108.60

Pivot Level: $115.90

First Major Resistance Level: $121.94

23.6% FIB Retracement Level: $45.30

38.2% FIB Retracement Level: $71

62% FIB Retracement Level: $100

Ripple’s XRP
Ripple’s XRP fell by 3.58% on Sunday. Following on from a 1.14% decline from Saturday, Ripple’s XRP ended the week up by 8.41% to $0.55632.

It was also a mixed start to the day. Recovering from an early morning low $0.56473, Ripple’s XRP rose to a mid-morning intraday high $0.58658 before hitting reverse.

Falling short of the first major resistance level at $0.5954, Ripple’s XRP slid to a late intraday low $0.52863.

Ripple’s XRP fell through the first major support level at $0.5634 and the second major support level at $0.5488.

Finding support at the 38.2% FIB of $0.5285, Ripple’s XRP revisited $0.56 levels before easing back to sub-$0.56 levels.

Ripple’s XRP moved back through the second major support level of $0.5488 late on. The first major support level at $0.5634 pinned Ripple’s XRP back, however.

At the time of writing, Ripple’s XRP was up by 0.76% to $0.56053. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.54702 before rising to a high $0.56200.

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


For the day ahead
Ripple’s XRP will need to avoid a fall back through the $0.5572 pivot level to bring the first major resistance level at $0.5857 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.58 levels.

Barring an extended crypto rally, the first major resistance level and Sunday’s high $0.58658 would likely cap any upside.

In the event of an extended rally, Ripple’s XRP could test the second major resistance at $0.6151.

Failure to avoid a fall back through the $0.5572 pivot would bring the 38.2% FIB of $0.5285 and the first major support level at $0.5278 into play.

Barring an extended crypto sell-off, Ripple’s XRP should avoid sub-$0.50 support levels. The second major support level sits at $0.4992.

Looking at the Technical Indicators
First Major Support Level: $0.5278

Pivot Level: $0.5572

First Major Resistance Level: $0.5857

23.6% FIB Retracement Level: $0.6274

38.2% FIB Retracement Level: $0.5285

62% FIB Retracement Level: $0.3687
Polkadot does what Ethereum cannot

MrSpasybo

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Re: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis
« Reply #6 on: December 23, 2020, 11:41:07 PM »
December 23rd, 2020
It’s a bearish start to the day for the majors. Failure to move back through early highs would bring support levels into play.


Ethereum
Ethereum rose by 4.73% on Tuesday. Partially reversing a 4.72% slide from Monday, Ethereum ended the day at $636.82.

A mixed start to the day saw Ethereum fell to a late morning intraday low $587.54 before making a move.

Finding support at the first major support level at $587.20, Ethereum rallied to a late intraday high $638.50.

Coming within range of the first major resistance level at $638.65, Ethereum eased back to end the day at $636 levels.

At the time of writing, Ethereum was down by 0.48% to $633.75. A mixed start to the day saw Ethereum rise to an early morning high $638.24 before falling to a low $633.57.

Ethereum left the major support and resistance levels untested early on.


For the day ahead
Ethereum would need to avoid a fall through the pivot level at $620.95 to support a run at the first major resistance level at $654.37.

Support from the broader market would be needed, however, for Ethereum to break back through to $650 levels.

Barring another extended crypto rally, the first major resistance level would likely cap any upside.

In the event of another extended crypto rally, Ethereum could test resistance at $660 before any pullback. The second major resistance level sits at $671.91.

Failure to avoid a fall through the $620.95 pivot would bring the first major support level at $603.41 into play.

Barring an extended sell-off, however, Ethereum should continue to steer clear of sub-$590 levels. The second major support level sits at $569.99.

Looking at the Technical Indicators
First Major Support Level: $603.41

Pivot Level: $620.95

First Major Resistance Level: $654.37

23.6% FIB Retracement Level: $536

38.2% FIB Retracement Level: $449

62% FIB Retracement Level: $308

Litecoin
Litecoin rallied by 9.40% on Tuesday. Reversing most of an 8.91% slide from Monday, Litecoin ended the day at $114.31.

It was also a mixed start to the day. Litecoin fell to a late morning intraday low $98.31 before making a move.

While steering clear of the first major support level, Litecoin fell through the 23.6% FIB of $101.

Finding late morning support, however, Litecoin rallied to a late intraday high $114.60.

Falling short of the first major resistance level at $115.32, Litecoin eased back to end the day at $114.30 levels.

At the time of writing, Litecoin was down by 0.69% to $113.52. A mixed start to the day saw Litecoin rise to an early morning high $114.84 before falling to a low $113.21.

Litecoin left the major support and resistance levels untested early on.


For the day ahead
Litecoin would need to avoid a fall through the $109.07 pivot to support a run at the first major resistance level at $119.84.

Support from the broader market would be needed, however, for Litecoin to break out from $115 levels.

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

In the event of an extended breakout, Litecoin could test resistance at $125 before any pullback. The second major resistance level sits at $125.36.

Failure to avoid a fall through the $109.07 pivot level would bring the first major support level at $103.55 into play.

Barring an extended sell-off on the day, however, Litecoin should steer of sub-$100 levels. The 23.6% FIB of $101 should limit the downside. The second major support level sits at $92.78.

Looking at the Technical Indicators
First Major Support Level: $103.55

Pivot Level: $109.07

First Major Resistance Level: $119.84

23.6% FIB Retracement Level: $45.30

38.2% FIB Retracement Level: $71

62% FIB Retracement Level: $100

Ripple’s XRP
Ripple’s XRP tumbled by 13.20% on Tuesday. Following a 7.43% slide on Monday, Ripple’s XRP ended the day at $0.44667.

Tracking the broader market, Ripple’s XRP fell from an early morning intraday high $0.52188 to a late morning low $0.45036.

Ripple’s XRP fell through the first major support level at $0.4863 and the second major support level at $0.4579.

Avoiding sub-$0.45 levels, Ripple’s XRP briefly revisited $0.498 levels before sliding to a late intraday low $0.39706.

The sell-off saw Ripple’s XRP fall back through the first and second major support levels.

A late move back through to $0.446 levels reduced the deficit on the day.

At the time of writing, Ripple’s XRP was down by 2.11% to $0.43725. A mixed start to the day saw Ripple’s XRP rise to an early morning high $0.44813 before sliding to a low $0.43234.

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


For the day ahead
Ripple’s XRP will need to move through the $0.4552 pivot level to bring the first major resistance level at $0.5133 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break out from $0.47 levels.

Barring an extended crypto rally, resistance at $0.47 would likely leave Ripple’s XRP well short of the first major resistance.

In the event of an extended rally, the first major resistance level would likely cap any upside. The second major resistance sits at $0.5800.

Failure to move through the $0.4552 pivot would bring the first major support level at $0.3885 into play.

Barring an extended crypto sell-off, Ripple’s XRP should avoid sub-$0.40 levels.

In the event of another sell-off, the first major support level at $0.3885 should limit the downside.

Looking at the Technical Indicators
First Major Support Level: $0.3885

Pivot Level: $0.4552

First Major Resistance Level: $0.5133

23.6% FIB Retracement Level: $0.6274

38.2% FIB Retracement Level: $0.5285

62% FIB Retracement Level: $0.3687
Polkadot does what Ethereum cannot

MrSpasybo

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Re: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis
« Reply #7 on: December 26, 2020, 10:32:39 PM »
December 26th, 2020
It’s a bearish start to the day, with Ripple’s XRP continuing to struggle. Expect the pivot levels to influence.


Ethereum
Ethereum rose by 2.37% on Friday. Following on from a 4.60% rally on Thursday, Ethereum ended the day at $626.75.

A mixed start to the day saw Ethereum fall to an early morning intraday low $604.26 before making a move.

Steering clear of the first major support level at $580.26 Ethereum rallied to a late morning intraday high $633.97.

Ethereum broke through the first major resistance level at $629.64 before sliding back to $606 levels.

Finding late support, however, Ethereum moved back through to $626 levels to deliver the upside on the day.

At the time of writing, Ethereum was down by 0.43% to $624.04. A mixed start to the day saw Ethereum rise to an early morning high $628.86 before falling to a low $623.70.

Ethereum left the major support and resistance levels untested early on.


For the day ahead
Ethereum would need to avoid a fall through the pivot level at $621.66 to support a run at the first major resistance level at $639.06.

Support from the broader market would be needed, however, for Ethereum to break out from Friday’s high $633.97.

Barring another extended crypto rally, the first major resistance level and resistance at $640 would likely cap any upside.

In the event of another extended crypto rally, Ethereum could test resistance at $660 before any pullback. The second major resistance level sits at $651.37.

Failure to avoid a fall through the $621.66 pivot would bring the first major support level at $609.35 into play.

Barring another extended sell-off, however, Ethereum should steer clear of sub-$600 levels. The second major support level sits at $591.95.

Looking at the Technical Indicators
First Major Support Level: $609.35

Pivot Level: $621.66

First Major Resistance Level: $639.06

23.6% FIB Retracement Level: $536

38.2% FIB Retracement Level: $449

62% FIB Retracement Level: $308

Litecoin
Litecoin jumped by 14.84% on Friday. Following on from an 8.53% rally on Thursday, Litecoin ended the day at $127.67.

It was also a mixed start to the day. Litecoin fell to an early morning intraday low $108.24 before making a move.

Steering clear of the first major support level at $102.49, Litecoin rallied to an early afternoon high $125.00.

Litecoin broke through the first major resistance level at $116.11 and the second major resistance level at $121.01.

Late in the afternoon, Litecoin fell back through the second major resistance level before finding support.

Litecoin broke back through the second major resistance level to strike a late intraday high and new swing hi $128.54 before easing back.

At the time of writing, Litecoin was down by 0.67% to $126.82. A mixed start to the day saw Litecoin fall to an early morning low $126.28 before striking a new swing hi $129.00

Litecoin left the major support and resistance levels untested early on.


For the day ahead
Litecoin would need to avoid a fall through the $121.48 pivot to support a run at the first major resistance level at $134.73.

Support from the broader market would be needed, however, for Litecoin to break out from the morning high $129.00.

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

In the event of another extended breakout, Litecoin could test resistance at $155 before any pullback. The second major resistance level sits at $141.78.

Failure to avoid a fall through the $121.48 pivot level would bring the first major support level at $114.43 into play.

Barring an extended sell-off on the day, however, Litecoin should steer of sub-$100 levels. The 23.6% FIB of $104 and the second major support level at $101.18 should limit the downside.

Looking at the Technical Indicators
First Major Support Level: $114.43

Pivot Level: $121.48

First Major Resistance Level: $134.73

23.6% FIB Retracement Level: $104

38.2% FIB Retracement Level: $89

62% FIB Retracement Level: $65

Ripple’s XRP
Ripple’s XRP fell by 5.94% on Friday. Partially reversing a 29.65% surge from Thursday, Ripple’s XRP ended the day at $0.31855.

A mixed start to the day saw Ripple’s XRP rise to a late morning high $0.38632 before hitting reverse.

Falling short of the first major resistance level at $0.3985, Ripple’s XRP fell to a late afternoon intraday low $0.27802.

While steering clear of the first major support level at $0.2586, Ripple’s XRP fell through the 23.6% FIB of $0.3386.

Finding late support, Ripple’s XRP briefly revisited $0.34 levels before falling back into the deep red.

At the time of writing, Ripple’s XRP was down by 1.76% to $0.31293. A mixed start to the day saw Ripple’s XRP rise to an early morning high $0.32099 before falling to a low $0.30875.

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


For the day ahead
Ripple’s XRP will need to move through the $0.3276 pivot level and the 23.6% FIB of $0.3386 to bring the first major resistance level at $0.3772 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.37 levels.

Barring another extended crypto rally, the first major resistance would likely cap any upside.

In the event of an extended rally, Ripple’s XRP could test resistance at $0.40. The second major resistance sits at $0.4359.

Failure to move through the $0.3276 pivot would bring the first major support level at $0.2689 into play.

Barring another extended crypto sell-off, Ripple’s XRP should avoid sub-$0.25 levels. The second major support level sits at $0.2193.

Looking at the Technical Indicators
First Major Support Level: $0.2689

Pivot Level: $0.3276

First Major Resistance Level: $0.3772

23.6% FIB Retracement Level: $0.6274

38.2% FIB Retracement Level: $0.5285

62% FIB Retracement Level: $0.3687
Polkadot does what Ethereum cannot

yurez1981

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Re: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis
« Reply #8 on: December 28, 2020, 08:04:51 AM »
I think now XRP price will depend on Coinbase exchange.  If Coinbase decides to delist XRP, the price will go down like an avalanche.

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Re: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis
« Reply #9 on: December 28, 2020, 09:54:23 PM »
I hope the worst times XRP will end soon, and the XRP price can go up again

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Re: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis
« Reply #10 on: December 28, 2020, 10:24:06 PM »
XRP price has dropped by nearly 50% in just 1 week, I don't dare to think of what scenario will happen this week. If the SEC lawsuit does not end soon, I think XRP will lose its top4 position to LTC.
Polkadot does what Ethereum cannot

MrSpasybo

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Re: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis
« Reply #11 on: December 28, 2020, 10:26:28 PM »
December 28th, 2020
It’s a bullish start to the day. The pivot levels will provide direction after last week’s mixed returns.


Ethereum
Ethereum rallied by 7.42% on Sunday. Following on from a 1.57% gain on Saturday, Ethereum ended the week up by 7.20% to $684.12.

A mixed start to the day saw Ethereum rise to a late morning high $655.22 before hitting reverse.

Ethereum broke through the first major resistance level at $654.41 before sliding to a mid-day intraday low $625.01.

Steering clear of the first major support level at $616.93, Ethereum surged to a late afternoon intraday high and a new swing hi $714.99.

Ethereum broke through the day’s major resistance levels before falling back to end the day at sub-$700 levels.

The pullback saw Ethereum fall through the third major resistance level at $709.77 and briefly through the second major resistance level at $672.29.

At the time of writing, Ethereum was up by 1.23% to $692.55. A mixed start to the day saw Ethereum fall to an early morning low $680.89 before striking a high $692.71.

Ethereum left the major support and resistance levels untested early on.


For the day ahead
Ethereum would need to avoid a fall through the pivot level at $674.71 to support a run at the first major resistance level at $724.40.

Support from the broader market would be needed, however, for Ethereum to break out from Sunday’s high $714.99.

Barring another extended crypto rally, the first major resistance level would likely cap any upside.

In the event of another extended crypto rally, Ethereum could test resistance at $750 before any pullback. The second major resistance level sits at $764.69.

Failure to avoid a fall through the $674.71 pivot would bring the first major support level at $634.42 into play.

Barring an extended sell-off, however, Ethereum should steer clear of sub-$600 levels. The second major support level sits at $584.73.

Looking at the Technical Indicators
First Major Support Level: $634.42

Pivot Level: $674.71

First Major Resistance Level: $724.40

23.6% FIB Retracement Level: $565

38.2% FIB Retracement Level: $473

62% FIB Retracement Level: $323

Litecoin
Litecoin fell by 1.51% on Sunday. Partially reversing a 6.85% rally on Saturday, Litecoin ended the week up by 11.30% to $127.60.

It was also a mixed start to the day. Litecoin rose to a mid-morning high $137.44 before hitting reverse.

The early rally saw Litecoin break through the first major resistance level at $134.76.

Falling short of the second major resistance level at $139.96, Litecoin slid to a mid-day intraday low $121.55.

The pullback saw Litecoin fall through the first major support level at $124.60, before finding support.

In the early afternoon, Litecoin rallied to an early afternoon intraday high and a new swing hi $139.30.

The early afternoon rally saw Litecoin break through the first major resistance level a $134.76.

Coming within range of the second major resistance level at $139.96, Litecoin fell back to end the day at sub-$130 levels.

At the time of writing, Litecoin was up by 1.72% to $129.79. A mixed start to the day saw Litecoin fall to an early morning low $126.21 before rising to a high $129.84.

Litecoin left the major support and resistance levels untested early on.


For the day ahead
Litecoin would need to avoid a fall back through the $129.48 pivot to support a run at the first major resistance level at $137.42.

Support from the broader market would be needed, however, for Litecoin to break back through to $135 levels.

Barring an extended crypto rally, the first major resistance level and resistance at $140 would likely cap any upside.

In the event of another extended breakout, Litecoin could test resistance at $150 before any pullback. The second major resistance level sits at $147.23.

Failure to avoid a fall back through the $129.48 pivot level would bring the first major support level at $119.67 into play.

Barring an extended sell-off on the day, however, Litecoin should steer of sub-$115 levels. The second major support level sits at $111.72, with the 23.6% FIB at $112.

Looking at the Technical Indicators
First Major Support Level: $119.67

Pivot Level: $129.48

First Major Resistance Level: $137.42

23.6% FIB Retracement Level: $112

38.2% FIB Retracement Level: $96

62% FIB Retracement Level: $69

Ripple’s XRP
Ripple’s XRP fell by 3.76% on Sunday. Following on from a 7.26% slide on Saturday, Ripple’s XRP ended the week down by 49% to $0.28339.

A range-bound start to the day saw Ripple’s XRP rise to a mid-morning high $0.30313 before hitting reverse.

Falling short of the first major resistance level at $0.3211, Ripple’s XRP slid to a mid-day intraday low $0.26561.

Ripple’s XRP fell through the first major support level at $0.2750 before striking a late afternoon intraday high $0.31138.

Falling short of the first major resistance level at $0.3211 once more, Ripple’s XRP fell back to end the day at sub-$0.29 levels.

At the time of writing, Ripple’s XRP was up by 0.59% to $0.28505. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.28000 before rising to a high $0.28550.

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


For the day ahead
Ripple’s XRP will need to move through the $0.2868 pivot level to bring the first major resistance level at $0.3080 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.30 levels.

Barring another extended crypto rally, the first major resistance would likely cap any upside.

In the event of an extended rally, Ripple’s XRP could test resistance at $0.32. The second major resistance sits at $0.3326.

Failure to move through the $0.2868 pivot would bring the first major support level at $0.2622 into play.

Barring another extended crypto sell-off, Ripple’s XRP should avoid sub-$0.25 levels. The second major support level sits at $0.2410.

Looking at the Technical Indicators
First Major Support Level: $0.2622

Pivot Level: $0.2868

First Major Resistance Level: $0.3080

23.6% FIB Retracement Level: $0.6274

38.2% FIB Retracement Level: $0.5285

62% FIB Retracement Level: $0.3687
Polkadot does what Ethereum cannot

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Re: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis
« Reply #12 on: December 28, 2020, 10:32:59 PM »
XRP price has dropped by nearly 50% in just 1 week, I don't dare to think of what scenario will happen this week. If the SEC lawsuit does not end soon, I think XRP will lose its top4 position to LTC.
It's unfortunate that XRP will lose a lot of investors .. this is bad news and maybe it will continue

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Re: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis
« Reply #13 on: December 30, 2020, 12:35:34 AM »
December 29th, 2020
It’s another mixed start to the day as Ripple’s XRP sees more red after Monday’s late sell-off. It could be a choppy day ahead.


Ethereum
Ethereum rose by 6.66% on Monday. Following on from a 7.42% rally on Sunday, Ethereum ended the day at $729.70.

A mixed start to the day saw Ethereum fall to an early morning intraday low $680.90 before making a move.

Steering clear of the first major support level at $634.42, Ethereum rallied to a late intraday high and a new swing hi $747.00.

Ethereum broke through the first major resistance level at $724.4 to wrap up the day at $729 levels.

At the time of writing, Ethereum was up by 1.01% to $737.10. A mixed start to the day saw Ethereum fall to an early morning low $728.00 before rising to a high $739.66.

Ethereum left the major support and resistance levels untested early on.


For the day ahead
Ethereum would need to avoid a fall through the pivot level at $719.20 to support a run at the first major resistance level at $757.40.

Support from the broader market would be needed, however, for Ethereum to break out from Monday’s high $747.00.

Barring another extended crypto rally, the first major resistance level and resistance at $760 would likely cap any upside.

In the event of another extended crypto rally, Ethereum could test resistance at $780 before any pullback. The second major resistance level sits at $783.20.

Failure to avoid a fall through the $719.20 pivot would bring the first major support level at $691.40 into play.

Barring an extended sell-off, however, Ethereum should steer well clear of the second major support level sits $653.10.

Looking at the Technical Indicators
First Major Support Level: $691.40

Pivot Level: $719.20

First Major Resistance Level: $757.50

23.6% FIB Retracement Level: $565

38.2% FIB Retracement Level: $473

62% FIB Retracement Level: $323

Litecoin
Litecoin rose by 1.58% on Monday. Reversing a 1.51% fall from Sunday, Litecoin ended the day at $129.69.

It was a bullish start to the day. Litecoin rose from an early morning intraday low $126.21 to a late morning intraday high $136.99.

Falling short of the first major resistance level at $137.42, Litecoin fell back to sub-$130 levels.

Finding late support, however, Litecoin revisited $131 levels before easing back to sub-$130 levels.

At the time of writing, Litecoin was up by 0.59% to $130.46. A mixed start to the day saw Litecoin fall to an early morning low $129.10 before rising to a high $130.67.

Litecoin left the major support and resistance levels untested early on.


For the day ahead
Litecoin would need to move through the $130.96 pivot to support a run at the first major resistance level at $135.72.

Support from the broader market would be needed, however, for Litecoin to break back through to $135 levels.

Barring an extended crypto rally, the first major resistance level and Monday’s high $136.99 would likely cap any upside.

In the event of another extended breakout, Litecoin could test resistance at $145 before any pullback. The second major resistance level sits at $141.74.

Failure to move through the $130.96 pivot level would bring the first major support level at $124.94 into play.

Barring an extended sell-off on the day, however, Litecoin should steer of sub-$120 levels. The second major support level at $120.18 should limit any downside.

Looking at the Technical Indicators
First Major Support Level: $124.94

Pivot Level: $130.96

First Major Resistance Level: $135.72

23.6% FIB Retracement Level: $112

38.2% FIB Retracement Level: $96

62% FIB Retracement Level: $69

Ripple’s XRP
Ripple’s XRP tumbled by 12.73% on Monday. Following on from a 3.76% slide on Sunday, Ripple’s XRP ended the day at $0.24745. It was a 4th consecutive day in the red for Ripple’s XRP.

Recovering from an early morning low $0.2700, Ripple’s XRP rose to a late morning intraday high $0.30942 before hitting reverse.

Coming up against the first major resistance level at $0.3080 and resistance at $0.31, Ripple’s XRP slid to a late intraday low $0.23336.

Ripple’s XRP fell through the first major support level at $0.2622 and the second major support level at $0.2410.

Finding late support, however, Ripple’s XRP moved back through the second major support level to end the day at $0.247 levels.

At the time of writing, Ripple’s XRP was down by 1.54% to $0.24364. A bearish start to the day saw Ripple’s XRP fall from an early morning high $0.24775 to a low $0.24100.

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


For the day ahead
Ripple’s XRP will need to move through the $0.2634 pivot level to bring the first major resistance level at $0.2935 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.29 levels.

Barring another extended crypto rally, the first major resistance would likely cap any upside.

In the event of an extended rally, Ripple’s XRP could test resistance at $0.32. The second major resistance sits at $0.3395.

Failure to move through the $0.2634 pivot would bring the first major support level at $0.2174 into play.

Barring another extended crypto sell-off, Ripple’s XRP should avoid sub-$0.20 levels. The second major support level sits at $0.1874.

Looking at the Technical Indicators
First Major Support Level: $0.2174

Pivot Level: $0.2634

First Major Resistance Level: $0.2935

23.6% FIB Retracement Level: $0.6274

38.2% FIB Retracement Level: $0.5285

62% FIB Retracement Level: $0.3687
Polkadot does what Ethereum cannot

MrSpasybo

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Re: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis
« Reply #14 on: December 31, 2020, 12:17:14 AM »
December 30th, 2020
It’s a mixed start to the day for the majors. A fall through the day’s pivot levels would bring support levels into play.


Ethereum
Ethereum rose by 0.29% on Tuesday. Following a 6.66% rally from Monday, Ethereum ended the day at $731.76.

A mixed start to the day saw Ethereum rise to an early morning intraday high $739.66 before hitting reverse.

Falling short of the first major resistance level at $757.50, Ethereum slid to an early morning intraday low $688.00.

Ethereum fell through the first major support level at $691.40 before briefly revisiting $738 levels.

A second pullback saw Ethereum fall back to $703 levels before recovering to $731 levels.

At the time of writing, Ethereum was up by 0.10% to $732.48. A mixed start to the day saw Ethereum rise to an early morning high $735.67 before falling to a low $731.79.

Ethereum left the major support and resistance levels untested early on.


For the day ahead
Ethereum would need to avoid a fall through the pivot level at $719.81 to support a run at the first major resistance level at $751.61.

Support from the broader market would be needed, however, for Ethereum to break out from Tuesday’s high $739.66.

Barring an extended crypto rally, the first major resistance level and resistance at $760 would likely cap any upside.

In the event of another extended crypto rally, Ethereum could test resistance at $770 before any pullback. The second major resistance level sits at $771.47.

Failure to avoid a fall through the $719.81 pivot would bring the first major support level at $699.95 into play.

Barring an extended sell-off, however, Ethereum should steer clear of sub-$680 levels. The second major support level sits $668.15.

Looking at the Technical Indicators
First Major Support Level: $699.95

Pivot Level: $719.81

First Major Resistance Level: $751.61

23.6% FIB Retracement Level: $565

38.2% FIB Retracement Level: $473

62% FIB Retracement Level: $323

Litecoin
Litecoin fell by 0.76% on Tuesday. Reversing a 1.58% gain from Monday, Litecoin ended the day at $128.69.

It was a mixed start to the day. Litecoin rose to an early morning intraday high $130.67 before hitting reverse.

Falling short of the first major resistance level at $135.72, Litecoin fell to a late afternoon intraday low $120.00.

The sell-off saw Litecoin fall through the first major support level at $124.94.

Finding support at the second major support level at $120.18, Litecoin move back through to $128 levels to limit the loss.

At the time of writing, Litecoin was down by 0.09% to $128.58. A mixed start to the day saw Litecoin rise to an early morning high $129.43 before falling to a low $128.43.

Litecoin left the major support and resistance levels untested early on.


For the day ahead
Litecoin would need to avoid a fall through the $126.45 pivot to support a run at the first major resistance level at $132.91.

Support from the broader market would be needed, however, for Litecoin to break back out from Tuesday’s high $130.67.

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

In the event of another extended breakout, Litecoin could test resistance at $140 before any pullback. The second major resistance level sits at $137.12.

Failure to avoid a fall through the $126.45 pivot level would bring the first major support level at $122.24 into play.

Barring an extended sell-off on the day, however, Litecoin should steer of the second major support level at $115.78.

Looking at the Technical Indicators
First Major Support Level: $122.24

Pivot Level: $126.45

First Major Resistance Level: $132.91

23.6% FIB Retracement Level: $112

38.2% FIB Retracement Level: $96

62% FIB Retracement Level: $69

Ripple’s XRP
Ripple’s XRP slid by 10.65% on Tuesday. Following on from a 12.73% tumble on Monday, Ripple’s XRP ended the day at $0.22127. It was a 5th consecutive day in the red for Ripple’s XRP.

Tracking the broader market, Ripple’s XRP rose to an early morning high $0.24782 before hitting reverse.

Falling short of the major resistance levels, Ripple’s XRP slid to a late afternoon intraday low $0.17208.

Ripple’s XRP fell through the first major support level at $0.2174 and the second major support level at $0.1874.

Finding late afternoon support, however, Ripple’s XRP struck a late intraday high $0.25113 before sliding back into the deep red.

Falling short of the first major resistance level at $0.2935, Ripple’s XRP briefly fell back through the first major support level.

Finding late support, however, Ripple’s XRP moved back through the first major support level to end the day at $0.22 levels.

At the time of writing, Ripple’s XRP was down by 2.00% to $0.21684. A bearish start to the day saw Ripple’s XRP fall from an early morning high $0.22147 to a low $0.21496.

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


For the day ahead
Ripple’s XRP will need to avoid a fall through the $0.2148 pivot level to bring the first major resistance level at $0.2576 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break out from Tuesday’s high $0.25113.

Barring another extended crypto rally, the first major resistance would likely cap any upside.

In the event of an extended rally, Ripple’s XRP could test resistance at $0.30. The second major resistance sits at $0.2939.

Failure to avoid a fall through the $0.2147 pivot would bring the first major support level at $0.1785 into play.

Barring another extended crypto sell-off, Ripple’s XRP should avoid the second major support level at $0.1358.

Looking at the Technical Indicators
First Major Support Level: $0.1785

Pivot Level: $0.2148

First Major Resistance Level: $0.2576

23.6% FIB Retracement Level: $0.6274

38.2% FIB Retracement Level: $0.5285

62% FIB Retracement Level: $0.3687
Polkadot does what Ethereum cannot

 

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