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Author Topic: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis  (Read 4824 times)

MrSpasybo

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Re: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis
« Reply #30 on: January 19, 2021, 11:01:56 PM »
January 19th, 2021
It’s a mixed start to the day. A fall through the day’s pivot levels would bring support levels into play.


Ethereum
Ethereum rose 2.10% on Monday. Following on from a 0.43% gain on Sunday, Ethereum ended the day at $1,258.48.

A mixed start to the day saw Ethereum rise to an early morning high $1,247.22 before hitting reverse.

Falling short of the first major resistance level at $1,279, Ethereum slid to an early morning intraday low $1,181.90.

Steering clear of the first major support level at $1,176, Ethereum rallied to a late intraday high $1,261.00.

Falling short of the first major resistance level at $1,279, Ethereum eased back on to end the day at sub-$1,260 levels.

At the time of writing, Ethereum was up by 0.30% to $1,262.22. A bullish start to the day saw Ethereum rise from an early morning low $1,258.54 to a high $1,274.30.

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 $1,234 to support a run at the first major resistance level at $1,286.

Support from the broader market would be needed, however, for Ethereum to break out from Monday’s high $1,261.00.

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 $1,350 before any pullback. The second major resistance level sits at $1,313.

Failure to avoid a fall through the $1,234 pivot would bring the first major support level at $1,207 into play.

Barring another extended sell-off, however, Ethereum should steer clear of sub-$1,100 levels. The second major support level at $1,155 should limit the downside.

Looking at the Technical Indicators
First Major Support Level: $1,207

Pivot Level: $1,234

First Major Resistance Level: $1,286

23.6% FIB Retracement Level: $1,051

38.2% FIB Retracement Level: $866

62% FIB Retracement Level: $566

Litecoin
Litecoin rallied by 6.39% on Monday. Reversing a 0.54% decline from Sunday, Litecoin ended the day at $151.88.

A mixed start to the day saw Litecoin rise to an early morning high $144.52 before hitting reverse.

Falling short of the first major resistance level at $147.77, Litecoin slid to an early morning intraday low $138.27.

Steering clear of the first major support level at $138.27, Litecoin surged to an early afternoon intraday high $155.00.

Litecoin broke through the first major resistance level at $147.77 and the second major resistance level at $152.74.

More significantly, Litecoin also broke through the 23.6% FIB of $148.

Through the late afternoon, Litecoin fell back to through the resistance levels and the 23.6% FIB to revisit $145 levels. In spite of the pullback, Litecoin avoided a fall back into the red.

Finding late support, Litecoin broke back through the first and second major resistance level and the 23.6% FIB to revisit $153 levels.

A late pullback, however, saw Litecoin fall back through the second major resistance level to end the day at sub-$152 levels.

At the time of writing, Litecoin was up by 0.05% to $151.95. A mixed start to the day saw Litecoin rise to an early morning high $153.17 before falling to a low $151.61.

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


For the day ahead
Litecoin would need to avoid a fall through the $148.38 pivot level and the 23.6% FIB of $148 to support a run at the first major resistance level at $158.50.

Support from the broader market would be needed, however, for Litecoin to break out from Monday’s high $155.00.

Barring an extended crypto rally, the first major resistance level and resistance at $160 would likely cap any upside.

In the event of an extended breakout, Litecoin could test resistance at $170. The second major resistance level sits at $165.11.

Failure to avoid a fall through the $148.38 pivot level and the 23.6% FIB would bring the first major support level at $141.77 into play.

Barring another extended sell-off, Litecoin should steer clear of the second major support level at $131.65.

Looking at the Technical Indicators
First Major Support Level: $141.77

Pivot Level: $148.38

First Major Resistance Level: $158.50

23.6% FIB Retracement Level: $148

38.2% FIB Retracement Level: $125

62% FIB Retracement Level: $87

Ripple’s XRP
Ripple’s XRP rose by 2.77% on Monday. Reversing a 0.68% decline from Sunday, Ripple’s XRP ended the day at $0.28536.

Tracking the broader market, Ripple’s XRP rose to an early morning high $0.27864 before hitting reverse.

Falling short of the first major resistance level at $0.2857, Ripple’s XRP slid to an early morning intraday low $0.27158.

Steering clear of the first major support level at $0.2687, Ripple’s XRP rallied to a mid-day intraday high $0.28852.

Ripple’s XRP broke through the first major resistance level at $0.2857 before falling back to sub-$0.28 levels.

Finding late support, however, Ripple’s XRP moved back through to $0.285 levels to deliver the upside on the day.

At the time of writing, Ripple’s XRP was down by 0.13% to $0.28500. A mixed start to the day saw Ripple’s XRP rise to an early morning high $0.28736 before falling to a low $0.28500.

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 $0.2818 pivot level to bring the first major resistance level at $0.2921 into play.

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

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

In the event of another extended rally, Ripple’s XRP could test resistance at $0.30 levels. The second major resistance sits at $0.2988.

Failure to avoid a fall through the $0.2818 pivot would bring the first major support level at $0.2751 into play.

Barring another extended crypto sell-off, Ripple’s XRP should steer clear of sub-$0.27 levels. The second major support level sits at $0.2649.

Looking at the Technical Indicators
First Major Support Level: $0.2751

Pivot Level: $0.2818

First Major Resistance Level: $0.2921

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 #31 on: January 20, 2021, 11:13:38 PM »
January 20th, 2021
It’s a bullish start to the day for the majors. A move back through the early morning highs should support a breakout.


Ethereum
Ethereum rallied by 8.70% on Tuesday. Following on from a 2.10% gain on Monday, Ethereum ended the day at $1,368.04.

A mixed start to the day saw Ethereum fall to an early morning intraday low $1,252.01 before making a move.

Steering clear of the first major support level at $1,207, Ethereum rallied to a mid-day intraday high and a new swing hi $1,440.00.

Ethereum broke through the day’s major resistance levels before a pullback to sub-$1,330 levels.

The pullback saw Ethereum fall back through the third major resistance level at $1,392.

Steering clear of the second major resistance level at $1,313, Ethereum revisited $1,400 levels before ending the day at sub-$1,370 levels.

At the time of writing, Ethereum was up by 1.34% to $1,386.34. A mixed start to the day saw Ethereum fall to an early morning low $1,356.16 before striking a high $1,397.24.

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 $1,353 to support a run at the first major resistance level at $1,455.

Support from the broader market would be needed, however, for Ethereum to break out from Tuesday’s high $1,440.00.

Barring an 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 $1,600 before any pullback. The second major resistance level sits at $1,541.

Failure to avoid a fall through the $1,353 pivot would bring the first major support level at $1,267 into play.

Barring an extended sell-off, however, Ethereum should steer clear of sub-$1,200 levels. The second major support level sits at $1,165.

Looking at the Technical Indicators
First Major Support Level: $1,267

Pivot Level: $1,353

First Major Resistance Level: $1,455

23.6% FIB Retracement Level: $1,119

38.2% FIB Retracement Level: $921

62% FIB Retracement Level: $600

Litecoin
Litecoin rose by 0.06% on Tuesday. Following on from a 6.39% gain on Monday, Litecoin ended the day at $151.90.

A mixed start to the day saw Litecoin fall to an early morning intraday low $150.17 before making a move.

Steering clear of the first major support level at $141.77, Litecoin surged to a late morning intraday high $166.21.

Litecoin broke through the first major resistance level at $158.50 and the second major resistance level at $165.11.

More significantly, Litecoin broke back through the 23.6% FIB of $148.

A bearish second half of the day, however, saw Litecoin fall back through the resistance levels to end the day at sub-$152 levels.

At the time of writing, Litecoin was up by 1.13% to $153.61. A mixed start to the day saw Litecoin fall to an early morning low $149.68 before striking a high $154.14.

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


For the day ahead
Litecoin would need to move through the $156.09 pivot level to support a run at the first major resistance level at $162.02.

Support from the broader market would be needed, however, for Litecoin to break back through to $160 levels.

Barring an extended crypto rally, the first major resistance level and Tuesday’s high $166.21 would likely cap any upside.

In the event of an extended breakout, Litecoin could test resistance at $180. The second major resistance level sits at $172.13.

Failure to move through the $156.09 pivot level would bring 23.6% FIB of $148 and the first major support level at $145.98 into play.

Barring an extended sell-off, Litecoin should steer clear of the second major support level at $140.05.

Looking at the Technical Indicators
First Major Support Level: $145.98

Pivot Level: $156.09

First Major Resistance Level: $162.02

23.6% FIB Retracement Level: $148

38.2% FIB Retracement Level: $125

62% FIB Retracement Level: $87

Ripple’s XRP
Ripple’s XRP rose by 2.87% on Tuesday. Following on from a 2.77% gain on Monday, Ripple’s XRP ended the day at $0.29424.

Tracking the broader market, Ripple’s XRP fell to an early morning intraday low $0.28415 before making a move.

Steering clear of the first major support level at $0.2751, Ripple’s XRP jumped to a mid-morning intraday high $0.32960.

Ripple’s XRP broke through the day’s major resistance levels and the 23.6% FIB of $0.3172.

It was bearish through the remainder of the day, however.

Ripple’s XRP fell back through the third major resistance level at $0.3157 and the second major resistance level at $0.2988.

More significantly, Ripple’s XRP also fell back through the 23.6% FIB of $0.3172.

Finding support at the first major resistance level at $0.2921, however, Ripple’s XRP wrapped up the day at $0.294 levels.

At the time of writing, Ripple’s XRP was up by 0.12% to $0.29460. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.29044 before rising to a high $0.29494.

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 $0.3027 pivot level to bring the first major resistance level at $0.3212 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through the 23.6% FIB of $0.3172.

Barring an extended crypto rally, the first major resistance and Tuesday’s high $0.3296 would likely cap any upside.

In the event of another extended rally, Ripple’s XRP could test resistance at $0.35 levels. The second major resistance sits at $0.3481.

Failure to move through the $0.3027 pivot would bring the first major support level at $0.2757 into play.

Barring an extended crypto sell-off, Ripple’s XRP should steer clear of sub-$0.27 levels. The second major support level sits at $0.2572.

Looking at the Technical Indicators
First Major Support Level: $0.2757

Pivot Level: $0.3027

First Major Resistance Level: $0.3212

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 #32 on: January 21, 2021, 11:51:56 PM »
January 21st, 2021
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 before any recovery.


Ethereum
Ethereum rose by 0.67% on Wednesday. Following an 8.70% rally from Tuesday, Ethereum ended the day at $1,376.88.

A mixed start to the day saw Ethereum rise to an early morning intraday high $1,408.50 before hitting reverse.

Falling well short of the first major resistance level at $1,455, Ethereum slid to a mid-day intraday low $1,234.01.

Ethereum fell through the first major support level at $1,267 before a late recovery to $1,376 levels.

At the time of writing, Ethereum was down by 0.36% to $1,371.99. A mixed start to the day saw Ethereum rise to an early morning high $1,390.00 before falling to a low $1,364.08.

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 $1,340 to support a run at the first major resistance level at $1,446.

Support from the broader market would be needed, however, for Ethereum to break out from Wednesday’s high $1,408.50.

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

In the event of another extended crypto rally, Ethereum could test resistance at $1,600 before any pullback. The second major resistance level sits at $1,514.

Failure to avoid a fall through the $1,340 pivot would bring the first major support level at $1,271 into play.

Barring another extended sell-off, however, Ethereum should continue to steer clear of sub-$1,200 levels. The second major support level sits at $1,165.

Looking at the Technical Indicators
First Major Support Level: $1,271

Pivot Level: $1,340

First Major Resistance Level: $1,446

23.6% FIB Retracement Level: $1,119

38.2% FIB Retracement Level: $921

62% FIB Retracement Level: $600

Litecoin
Litecoin fell by 1.40% on Wednesday. Reversing a 0.06% decline from Tuesday, Litecoin ended the day at $149.77.

A mixed start to the day saw Litecoin rise to an early morning intraday high $156.30 before hitting reverse.

Falling short of the first major resistance level at $162.02, Litecoin slid to a late afternoon intraday low $138.53.

Litecoin fell through the first major support level at $145.98 and the second major support level at $140.05.

More significantly, Litecoin also fell through the 23.6% FIB of $148 before finding support.

Steering clear of sub-$130 levels, Litecoin revisited $150 levels late in the day before easing back.

The partial recovery saw Litecoin break back through the major support levels and the 23.6% FIB of $148.

At the time of writing, Litecoin was down by 0.43% to $149.12. A mixed start to the day saw Litecoin rise to an early morning high $150.35 before falling to a low $148.61.

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


For the day ahead
Litecoin would need to avoid a fall through the $148.20 pivot level and the 23.6% FIB of $148 to support a run at the first major resistance level at $157.87.

Support from the broader market would be needed, however, for Litecoin to break out from $155 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 $170. The second major resistance level sits at $165.97.

Failure to avoid a fall through the $148.20 pivot level and the 23.6% FIB of $148 would bring the first major support level at $140.10 into play.

Barring another extended sell-off, Litecoin should steer clear of the second major support level at $130.43.

Looking at the Technical Indicators
First Major Support Level: $140.10

Pivot Level: $148.20

First Major Resistance Level: $157.87

23.6% FIB Retracement Level: $148

38.2% FIB Retracement Level: $125

62% FIB Retracement Level: $87

Ripple’s XRP
Ripple’s XRP rose by 0.40% on Wednesday. Following a 2.87% gain from Tuesday, Ripple’s XRP ended the day at $0.29534.

A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.28235 before making a move.

Steering clear of the major support levels, Ripple’s XRP jumped to a mid-morning intraday high $0.31200.

Falling well short of the first major resistance level at $0.3212, Ripple’s XRP slid to a late morning intraday low $0.28021.

Steering clear of the first major support level at $0.2757, Ripple’s XRP moved back through to $0.295 levels and into the green.

At the time of writing, Ripple’s XRP up by 0.09% to $0.29560. A mixed start to the day saw Ripple’s XRP rise to an early morning high $0.29715 before falling to a low $0.29499.

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 $0.2959 pivot level to bring the first major resistance level at $0.3115 into play.

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

Barring an extended crypto rally, the first major resistance and Wednesday’s high $0.31200 would likely cap any upside.

In the event of another extended rally, Ripple’s XRP could test resistance at $0.33 levels. The second major resistance sits at $0.3276. Ripple’s XRP would need support to breakout from the 23.6% FIB of $0.3172, however.

Failure to move through the $0.2959 pivot would bring the first major support level at $0.2797 into play.

Barring another extended crypto sell-off, Ripple’s XRP should steer clear of sub-$0.27 levels. The second major support level sits at $0.2641.

Looking at the Technical Indicators
First Major Support Level: $0.2797

Pivot Level: $0.2959

First Major Resistance Level: $0.3115

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 #33 on: January 22, 2021, 11:39:18 PM »
January 22nd, 2021
It’s a bearish day for the majors. Failure to move through the day’s pivot levels would bring support levels into play.


Ethereum
Ethereum slumped by 19.35% on Thursday. Reversing a 0.67% gain from Wednesday, Ethereum ended the day at $1,110.62.

A mixed start to the day saw Ethereum rise to an early morning intraday high $1,390.00 before hitting reverse.

Falling well short of the first major resistance level at $1,446, Ethereum slid to a late intraday low $1,081.00.

The sell-off saw Ethereum fall through the first major support level at $1,271 and the second major support level at $1,165.

More significantly, Ethereum also fell through the 23.6% FIB of $1,119.

Finding late support, however, Ethereum ended the day at $1,100 levels. The 23.6% FIB of $1,119 pinned Ethereum back late on.

At the time of writing, Ethereum was down by 1.42% to $1,094.83. A mixed start to the day saw Ethereum rise to an early morning high $1,117.35 before falling to a low $1,094.83.

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


For the day ahead
Ethereum would need to move through the 23.6% FIB of $1,119 and the pivot level at $1,194 to support a run at the first major resistance level at $1,307.

Support from the broader market would be needed, however, for Ethereum to break back through to $1,300 levels.

Barring an 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 $1,400 before any pullback. The second major resistance level sits at $1,503.

Failure to move through 23.6% FIB of $1,119 and the $1,194 pivot would bring the first major support level at $998 into play.

Barring another extended sell-off, however, Ethereum should steer clear of the second major support level at $885. The 38.2% FIB of $921 should limit the downside.

Looking at the Technical Indicators
First Major Support Level: $998

Pivot Level: $1,194

First Major Resistance Level: $1,307

23.6% FIB Retracement Level: $1,119

38.2% FIB Retracement Level: $921

62% FIB Retracement Level: $600

Litecoin
Litecoin tumbled by 13.40% on Thursday. Following on from a 1.40% decline on Wednesday, Litecoin ended the day at $129.75.

A mixed start to the day saw Litecoin rise to an early morning intraday high $150.35 before hitting reverse.

Falling short of the first major resistance level at $157.87, Litecoin tumbled to a late intraday low $125.40.

The extended sell-off saw Litecoin fall through the first major support level at $140.10 and the second major support level at $130.43.

More significantly, Litecoin also fell through the 23.6% FIB of $148.

Finding support at the 38.2% FIB of $125, Litecoin briefly broke back through the second major support level before ending the day at sub-$130 levels.

At the time of writing, Litecoin was down by 0.95% to $128.52. A bearish start to the day saw Litecoin fall from an early morning high $129.80 to a low $126.77.

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


For the day ahead
Litecoin would need to move through the $135.17 pivot level to support a run at the first major resistance level at $144.93 and the 23.6% FIB of $148.

Support from the broader market would be needed, however, for Litecoin to break back through to $140 levels.

Barring an extended crypto rally, the first major resistance level and 23.6% FIB 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 $160.12.

Failure to move through the $135.17 pivot level would bring the 38.2% FIB of $125 and the first major support level at $119.98 into play.

Barring another extended sell-off, Litecoin should steer clear of the second major support level at $110.22.

Looking at the Technical Indicators
First Major Support Level: $119.98

Pivot Level: $135.17

First Major Resistance Level: $144.93

23.6% FIB Retracement Level: $148

38.2% FIB Retracement Level: $125

62% FIB Retracement Level: $87

Ripple’s XRP
Ripple’s XRP slid by 9.43% on Thursday. Reversing a 0.40% gain from Wednesday, Ripple’s XRP ended the day at $0.26804.

A mixed start to the day saw Ripple’s XRP rise to an early morning intraday high $0.30713 before hitting reverse.

Falling short of the first major resistance level at $0.3115, Ripple’s XRP slid to a late intraday low $0.26000.

The extended sell-off saw Ripple’s XRP fall through the first major support level at $0.2797 and the second major support level at $0.2641.

Steering clear of sub-$0.26 levels, Ripple’s XRP broke back through the second major support level to end the day at $0.268 levels.

At the time of writing, Ripple’s XRP was down by 0.50% to $0.26669. A mixed start to the day saw Ripple’s XRP rise to an early morning high $0.26828 before falling to a low $0.26529.

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 $0.2784 pivot level to bring the first major resistance level at $0.2968 into play.

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

Barring an extended crypto rally, the first major resistance and Thursday’s high $0.30713 would likely cap any upside.

In the event of another extended rally, Ripple’s XRP could test the second major resistance at $0.3255. Ripple’s XRP would need support to breakout from the 23.6% FIB of $0.3172, however.

Failure to move through the $0.2784 pivot would bring the first major support level at $0.2497 into play.

Barring another extended crypto sell-off, Ripple’s XRP should steer clear of sub-$0.24 levels. The second major support level sits at $0.2313.

Looking at the Technical Indicators
First Major Support Level: $0.2497

Pivot Level: $0.2784

First Major Resistance Level: $0.2968

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 #34 on: January 23, 2021, 10:33:47 PM »
January 23rd, 2021
It’s a mixed start to the day for the majors. Steering clear of the day’s pivot levels would support a run at the major resistance levels, however.


Ethereum
Ethereum rallied by 11.07% on Friday. Partially reversing Thursday’s 19.35% slump, Ethereum ended the day at $1,233.60.

A bearish start to the day saw Ethereum slide to an early morning intraday low $1,039.62 before making a move.

Steering clear of the first major support level at $998, Ethereum rallied to a late intraday high $1,275.99.

While coming up short of the first major resistance level at $1,307, Ethereum broke through the 23.6% FIB of $1,119.

A bearish end to the day saw Ethereum ease back to end the day at sub-$1,240 levels.

At the time of writing, Ethereum was down by 0.99% to $1,221.43. A bearish start to the day saw Ethereum fall from an early morning high $1,233.89 to a low $1,206.10.

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 $1,183 to support a run at the first major resistance level at $1,327.

Support from the broader market would be needed, however, for Ethereum to break back through to $1,300 levels.

Barring an 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 $1,400 before any pullback. The second major resistance level sits at $1,419.

Failure to avoid a fall through the $1,183 pivot would bring the 23.6% FIB of $1,119 and the first major support level at $1,090 into play.

Barring another extended sell-off, however, Ethereum should steer clear of sub-$1,000 levels. The second major support level sits at $947.

Looking at the Technical Indicators
First Major Support Level: $1,090

Pivot Level: $1,183

First Major Resistance Level: $1,327

23.6% FIB Retracement Level: $1,119

38.2% FIB Retracement Level: $921

62% FIB Retracement Level: $600

Litecoin
Litecoin rallied by 6.26% on Friday. Partially reversing a 13.40% tumble from Thursday, Litecoin ended the day at $137.76.

A bearish start to the day saw Litecoin slide to an early morning intraday low $122.25 before making a move.

The sell-off saw Litecoin fall through the 38.2% FIB of $125.

Steering clear of the first major support level at $119.98, Litecoin rallied to a late intraday high $142.00.

While coming up short of the first major resistance level at $144.93, Litecoin broke back through the 38.2% FIB.

A bearish end to the day saw Litecoin fall back to end the day at sub-$140 levels.

At the time of writing, Litecoin was down by 1.05% to $136.31. A bearish start to the day saw Litecoin fall from an early morning high $137.75 to a low $135.00.

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


For the day ahead
Litecoin would need to avoid a fall through the $134.00 pivot level to support a run at the first major resistance level at $145.76 and the 23.6% FIB of $148.

Support from the broader market would be needed, however, for Litecoin to break out from Friday’s high $142.00.

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

In the event of an extended breakout, Litecoin could test resistance at $150. The second major resistance level sits at $153.75.

Failure to avoid a fall through the $134.00 pivot level would bring first major support level at $126.01 and the 38.2% FIB of $125 into play.

Barring another extended sell-off, Litecoin should steer clear of the second major support level at $114.25.

Looking at the Technical Indicators
First Major Support Level: $126.01

Pivot Level: $134.00

First Major Resistance Level: $145.76

23.6% FIB Retracement Level: $148

38.2% FIB Retracement Level: $125

62% FIB Retracement Level: $87

Ripple’s XRP
Ripple’s XRP rose by 1.80% on Friday. Partially reversing a 9.43% slide from Thursday, Ripple’s XRP ended the day at $0.27282.

A bearish start to the day saw Ripple’s XRP slide to an early morning intraday low $0.24000.

Ripple’s XRP fell through the first major support level at $0.2497 before striking a late intraday high $0.27801.

Falling short of the first major resistance level at $0.2968, Ripple’s XRP eased back to end the day at $0.272 levels.

At the time of writing, Ripple’s XRP was up by 0.03% to $0.27290. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.27028 before rising to a high $0.27293.

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 $0.2636 pivot level to bring the first major resistance level at $0.2872 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.28 levels.

Barring an extended crypto rally, the first major resistance and resistance at $0.29 would likely cap any upside.

In the event of another extended rally, Ripple’s XRP could test the second major resistance at $0.3016 before any pullback.

Failure to avoid a fall through the $0.2636 pivot would bring the first major support level at $0.2492 into play.

Barring another extended crypto sell-off, Ripple’s XRP should steer clear of sub-$0.24 levels. The second major support level sits at $0.2256.

Looking at the Technical Indicators
First Major Support Level: $0.2492

Pivot Level: $0.2636

First Major Resistance Level: $0.2872

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 #35 on: January 26, 2021, 11:22:43 PM »
January 26th, 2021
It’s a mixed start to the day. Failure to move through the day’s pivot levels would deliver another daily loss for the majors.


Ethereum
Ethereum slid by 5.46% on Monday. Partially reversing a 12.92% rally from Sunday, Ethereum ended the day at $1,317.97.

A bullish start to the day saw Ethereum rally to an early morning intraday high and a new swing hi $1,477.30 before hitting reverse.

Ethereum broke through first major resistance level at $1,457 before falling to a late intraday low $1,293.65.

Steering clear of the first major support level at $1,277, Ethereum moved back through to $1,300 levels to limit the downside.

At the time of writing, Ethereum was up by 1.69% to $1,340.19. A mixed start to the day saw Ethereum fall to an early morning low $1,301.05 before striking a high $1,340.19.

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 $1,363 to support a run at the first major resistance level at $1,432.

Support from the broader market would be needed, however, for Ethereum to break back through to $1,400 levels.

Barring an extended crypto rally, the first major resistance level and swing hi $1,477.30 would likely cap any upside.

In the event of another extended crypto rally, Ethereum could test resistance at $1,550 before any pullback. The second major resistance level sits at $1,547.

Failure to move through the $1,363 pivot would bring the first major support level at $1,249 into play.

Barring another extended sell-off, however, Ethereum should steer clear of sub-$1,200 levels. The second major support level sits at $1,179.

Looking at the Technical Indicators
First Major Support Level: $1,249

Pivot Level: $1,363

First Major Resistance Level: $1,432

23.6% FIB Retracement Level: $1,148

38.2% FIB Retracement Level: $944

62% FIB Retracement Level: $614

Litecoin
Litecoin fell by 2.86% on Monday. Reversing a 2.43% gain from Sunday, Litecoin ended the day at $137.13.

A mixed start to the day saw Litecoin surge to an early morning intraday high $147.69.

Litecoin broke through the first major resistance level at $144.55 before hitting reverse.

Coming up against the first major resistance level at $147.98 and the 23.6% FIB of $148, Litecoin slid to a late intraday low $136.62.

Steering clear of the first major support level at $135.78, Litecoin moved back through to $137 levels to limit the loss on the day.

At the time of writing, Litecoin was up by 0.84% to $138.28. A mixed start to the day saw Litecoin fall to an early morning low $136.09 before rising to a high $138.50.

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


For the day ahead
Litecoin would need to move through the $140.48 pivot level to support a run at the first major resistance level at $144.34 and the 23.6% FIB.

Support from the broader market would be needed, however, for Litecoin to break out from $140 levels.

Barring an extended crypto rally, the first major resistance level and 23.6% FIB of $148 would likely cap any upside.

In the event of an extended breakout, Litecoin could test resistance at $155 before any pullback. The second major resistance level sits at $151.55.

Failure to move through the $140.48 pivot level would bring first major support level at $133.27 into play.

Barring another extended sell-off, Litecoin should steer clear of the second major support level at $129.41.

Looking at the Technical Indicators
First Major Support Level: $133.27

Pivot Level: $140.48

First Major Resistance Level: $144.34

23.6% FIB Retracement Level: $148

38.2% FIB Retracement Level: $125

62% FIB Retracement Level: $87

Ripple’s XRP
Ripple’s XRP fell by 2.13% on Monday. Reversing a 0.62% gain from Sunday, Ripple’s XRP ended the day at $0.26768.

A choppy start to the day saw Ripple’s XRP rally to an early morning high $0.28141 before hitting reverse.

Ripple’s XRP broke through the first major resistance level at $0.2783 before sliding to a late morning low $0.27243.

Steering clear of the first major support level at $0.2684, Ripple’s XRP rallied to a mid-afternoon intraday high $0.28500.

Ripple’s XRP broke through the first major resistance level at $0.2783 and the second major resistance level at $0.2830.

A late sell-off, however, saw Ripple’s XRP slide to an intraday low $0.26667.

Ripple’s XRP fell through the first major support level at $0.2684 to end the day at $0.267 levels.

At the time of writing, Ripple’s XRP was down by 0.07% to $0.26748. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.2650 before rising to a high $0.2678.

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 $0.2731 pivot level to bring the first major resistance level at $0.2796 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.2750 levels.

Barring an extended crypto rally, the first major resistance and Monday’s high $0.2850 would likely cap any upside.

In the event of an extended rally, Ripple’s XRP could test resistance at $0.29 before any pullback. The second major resistance sits at $0.2914.

Failure to move through the $0.2731 pivot would bring the first major support level at $0.2612 into play.

Barring an extended crypto sell-off, Ripple’s XRP should steer clear of the second major support level at $0.2548.

Looking at the Technical Indicators
First Major Support Level: $0.2612

Pivot Level: $0.2731

First Major Resistance Level: $0.2796

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 #36 on: January 28, 2021, 05:33:33 AM »
January 27th, 2021
It’s a bearish start to the day for the majors. Failure to move back through early morning highs would bring support levels into play.


Ethereum
Ethereum rallied by 3.79% on Tuesday. Partially reversing a 5.46% slide from Monday, Ethereum ended the day at $1,367.98.

A bullish start to the day saw Ethereum rally to an early morning intraday high $1,378.12 before hitting reverse.

Falling short of the first major resistance level at $1,432, Ethereum fell to an early afternoon intraday low $1,245.00.

Finding support at the first major support level at $1,249, Ethereum struck a late high $1,375.28 before easing back.

At the time of writing, Ethereum was down by 0.90% to $1,355.65. A mixed start to the day saw Ethereum rise to an early morning high $1,375.91 before falling to a low $1,351.80.

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 $1,330 to support a run at the first major resistance level at $1,416.

Support from the broader market would be needed, however, for Ethereum to break back through to $1,400 levels.

Barring an extended crypto rally, resistance at $1,400 and the first major resistance level would likely cap any upside.

In the event of another extended crypto rally, Ethereum could test the second major resistance level at $1,464 and resistance at the swing hi $1,477.30.

Failure to avoid a fall through the $1,330 pivot would bring the first major support level at $1,283 into play.

Barring an extended sell-off, however, Ethereum should steer clear of sub-$1,200 levels. The second major support level sits at $1,197.

Looking at the Technical Indicators
First Major Support Level: $1,283

Pivot Level: $1,330

First Major Resistance Level: $1,416

23.6% FIB Retracement Level: $1,148

38.2% FIB Retracement Level: $944

62% FIB Retracement Level: $614

Litecoin
Litecoin fell by 1.66% on Tuesday. Following on from a 2.86% slide on Monday, Litecoin ended the day at $134.79.

A mixed start to the day saw Litecoin rise to an early morning intraday high $139.79 before hitting reverse.

Falling short of the first major resistance level at $144.34, Litecoin slid to an early afternoon intraday low $128.41.

Litecoin fell through the first major support level at $133.27 and the second major support level at $129.41.

Finding support late in the day, Litecoin briefly revisited $136 levels before easing back.

At the time of writing, Litecoin was down by 0.88% to $133.60. A mixed start to the day saw Litecoin rise to an early morning high $135.13 before falling to a low $133.48.

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


For the day ahead
Litecoin would need to move back through the $134.33 pivot level to support a run at the first major resistance level at $140.25.

Support from the broader market would be needed, however, for Litecoin to break back through to $140 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 the second major resistance level at $145.71 and the 23.6% FIB of $148.

Failure to move back through the $134.33 pivot level would bring first major support level at $128.87 into play.

Barring another extended sell-off, Litecoin should steer clear of the second major support level at $122.95. The 38.2% FIB of $125 should limit the downside.

Looking at the Technical Indicators
First Major Support Level: $128.87

Pivot Level: $134.33

First Major Resistance Level: $140.25

23.6% FIB Retracement Level: $148

38.2% FIB Retracement Level: $125

62% FIB Retracement Level: $87

Ripple’s XRP
Ripple’s XRP rose by 0.43% on Tuesday. Partially reversing a 2.13% fall from Monday, Ripple’s XRP ended the day at $0.26866.

Tracking the broader market, Ripple’s XRP rose to an early morning intraday high $0.27104 before hitting reverse.

Falling short of the first major resistance level at $0.2796, Ripple’s XRP slid to an early afternoon intraday low $0.25814.

The sell-off saw Ripple’s XRP fall through the first major support level at $0.2612.

Steering clear of the second major support level at $0.2548, Ripple’s XRP moved back through to $0.269 levels before easing back.

The recovery saw Ripple’s XRP break back through the first major support level to end the day in the green.

At the time of writing, Ripple’s XRP was down by 0.60% to $0.26706. A mixed start to the day saw Ripple’s XRP rise to an early morning high $0.26870 before falling to a low $0.26706.

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 $0.2659 pivot level to bring the first major resistance level at $0.2738 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break out from Tuesday’s high $0.27104.

Barring an extended crypto rally, the first major resistance and resistance at $0.2750 would likely cap any upside.

In the event of an extended rally, Ripple’s XRP could test resistance at $0.28 before any pullback. The second major resistance sits at $0.2788.

Failure to avoid a fall through the $0.2659 pivot would bring the first major support level at $0.2609 into play.

Barring an extended crypto sell-off, Ripple’s XRP should steer clear of the second major support level at $0.2530.

Looking at the Technical Indicators
First Major Support Level: $0.2609

Pivot Level: $0.2659

First Major Resistance Level: $0.2738

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 #37 on: January 28, 2021, 10:40:24 PM »
January 28th, 2021
It’s a bullish start to the day for the majors. Failure to move through the day’s pivot levels, however, would bring support levels into play.


Ethereum
Ethereum slid by 9.28% on Wednesday. Reversing a 3.79% gain from Tuesday, Ethereum ended the day at $1,240.96.

A mixed start to the day saw Ethereum rise to an early morning intraday high $1,375.91 before hitting reverse.

Falling short of the first major resistance level at $1,416, Ethereum slid to an early afternoon intraday low $1,206.05.

The sell-off saw Ethereum fall through the first major support level at $1,283 before finding support.

Steering clear of sub-$1,200 support levels, Ethereum revisited $1,300 levels before falling back into the deep red.

At the time of writing, Ethereum was up by 2.16% to $1,267.71. A mixed start to the day saw Ethereum fall to an early morning low $1,220.08 before rising to a high $1,274.31.

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 $1,274.31 to support a run at the first major resistance level at $1,343.

Support from the broader market would be needed, however, for Ethereum to break out from $1,300 levels.

Barring an extended crypto rally, the first major resistance level and Wednesday’s high $1,375.91 would likely cap any upside.

In the event of an extended crypto rally, Ethereum could test the second major resistance level at $1,444 and resistance at the swing hi $1,477.30.

Failure to move through the $1,274 pivot would bring the first major support level at $1,173 into play.

Barring another extended sell-off, however, Ethereum should steer clear of the second major support level at $1,105. The 23.6% FIB of $1,148 should limit the downside.

Looking at the Technical Indicators
First Major Support Level: $1,173

Pivot Level: $1,274

First Major Resistance Level: $1,343

23.6% FIB Retracement Level: $1,148

38.2% FIB Retracement Level: $944

62% FIB Retracement Level: $614

Litecoin
Litecoin slid by 9.08% on Wednesday. Following on from a 1.66% decline on Tuesday, Litecoin ended the day at $122.63.

A mixed start to the day saw Litecoin rise to an early morning intraday high $135.13 before hitting reverse.

Falling short of the first major resistance level at $140.25, Litecoin slid to an early afternoon intraday low $118.00.

Litecoin fell through the first major support level at $128.87 and the second major support level at $122.05. The selloff also saw Litecoin fall through the 38.2% FIB of $125.

Finding support at sub-$120 levels, Litecoin briefly revisited $127 levels before falling back through the 38.2% FIB.

The second major support level limited the downside late in the day

At the time of writing, Litecoin was up by 2.05% to $125.15. A mixed start to the day saw Litecoin fall to an early morning low $120.91 before rising to a high $125.48.

While Litecoin left the major support and resistance levels untested, Litecoin broke through the 38.2% FIB of $125.


For the day ahead
Litecoin would need to move back through the $125.25 pivot level to support a run at the first major resistance level at $132.51.

Support from the broader market would be needed, however, for Litecoin to break back through to $130 levels.

Barring an extended crypto rally, the first major resistance level and Wednesday’s high $135.13 would likely cap any upside.

In the event of an extended breakout, Litecoin could test resistance at $140 before any pullback. The second major resistance level sits at $142.38.

Failure to move back through the $125.25 pivot level would bring the 38.2% FIB of $125 and the first major support level at $115.38 into play.

Barring another extended sell-off, Litecoin should steer clear of the second major support level at $108.12.

Looking at the Technical Indicators
First Major Support Level: $115.38

Pivot Level: $125.25

First Major Resistance Level: $132.51

23.6% FIB Retracement Level: $148

38.2% FIB Retracement Level: $125

62% FIB Retracement Level: $87

Ripple’s XRP
Ripple’s XRP fell by 6.51% on Wednesday. Reversing a 0.43% gain from Tuesday, Ripple’s XRP ended the day at $0.25103.

A mixed start to the day saw Ripple’s XRP rise to an early morning intraday high $0.26870 before hitting reverse.

Falling short of the first major resistance level at $0.2738, Ripple’s XRP slid to an early afternoon intraday low $0.24369.

The sell-off saw Ripple’s XRP fall through the first major support level at $0.2609 and the second major support level at $0.2530.

Steering clear of the third major support level at $0.2401, Ripple’s XRP revisited $0.257 levels before falling back through the second major support level.

At the time of writing, Ripple’s XRP was up by 0.98% to $0.25348. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.24749 before rising to a high $0.25349

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 $0.2545 pivot level to bring the first major resistance level at $0.2653 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.26 levels.

Barring an extended crypto rally, the first major resistance and Wednesday’s high $0.2687 would likely cap any upside.

In the event of an extended rally, Ripple’s XRP could test resistance at $0.28 before any pullback. The second major resistance sits at $0.2795.

Failure to move through the $0.2545 pivot would bring the first major support level at $0.2402 into play.

Barring another extended crypto sell-off, Ripple’s XRP should steer clear of sub-$0.23 levels. The second major support level sits at $0.2295.

Looking at the Technical Indicators
First Major Support Level: $0.2402

Pivot Level: $0.2545

First Major Resistance Level: $0.2653

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 #38 on: January 30, 2021, 12:29:32 AM »
January 29th, 2021
It’s a bullish start to the day for the majors. Avoiding the day’s pivot levels would support another breakout day.


Ethereum
Ethereum rallied by 7.46% on Thursday. Partially reversing a 9.28% slide from Wednesday, Ethereum ended the day at $1,333.61.

A mixed start to the day saw Ethereum fall to an early morning intraday low $1,220.08 before making a move.

Steering clear of the first major support level at $1,173, Ethereum rallied to a late intraday high $1,363.27.

Ethereum broke through the first major resistance level at $1,343, before easing back to end the day at sub-$1,340 levels.

At the time of writing, Ethereum was up by 0.81% to $1,344.00. A mixed start to the day saw Ethereum slip to an early morning low $1,331.35 before rising to a high $1,345.29.

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 $1,306 to support a run at the first major resistance level at $1,391.

Support from the broader market would be needed, however, for Ethereum to break out from Thursday’s high $1,363.27.

Barring an extended crypto rally, the first major resistance level and resistance at $1,400 would likely cap any upside.

In the event of another extended crypto rally, Ethereum could test the second major resistance level at $1,449 and resistance at $1,500.

Failure to avoid a fall through the $1,306 pivot would bring the first major support level at $1,248 into play.

Barring an extended sell-off, however, Ethereum should steer clear of the 23.6% FIB of $1,148. The second major support level at $1,162 should limit the downside.

Looking at the Technical Indicators
First Major Support Level: $1,248

Pivot Level: $1,306

First Major Resistance Level: $1,391

23.6% FIB Retracement Level: $1,148

38.2% FIB Retracement Level: $944

62% FIB Retracement Level: $614

Litecoin
Litecoin rallied by 8.89% on Thursday. Partially reversing a 9.08% slide from Wednesday, Litecoin ended the day at $133.61.

A mixed start to the day saw Litecoin fall to an early morning intraday low $120.91 before making a move.

Steering clear of the first major support level at $115.38, Litecoin rallied to a late intraday high $136.29.

Litecoin broke through the 38.2% FIB of $125 and the first major resistance level at $132.51.

In spite of a late pullback to end the day at $133 levels, Litecoin avoided a fall back through the first major resistance level.

At the time of writing, Litecoin was up by 1.55% to $135.68. A bullish start to the day saw Litecoin rise from an early morning low $133.58 to a high $136.06.

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


For the day ahead
Litecoin would need to avoid a fall through the $130.27 pivot level to support a run at the first major resistance level at $139.63.

Support from the broader market would be needed, however, for Litecoin to break out from Thursday’s high $136.29.

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

In the event of an extended breakout, Litecoin could test resistance at $150 before any pullback. The second major resistance level sits at $145.65.

Failure to avoid a fall through the $130.27 pivot level would bring the 38.2% FIB of $125 and the first major support level at $124.25 into play.

Barring another extended sell-off, Litecoin should steer clear of the second major support level at $114.89.

Looking at the Technical Indicators
First Major Support Level: $124.25

Pivot Level: $130.27

First Major Resistance Level: $139.63

23.6% FIB Retracement Level: $148

38.2% FIB Retracement Level: $125

62% FIB Retracement Level: $87

Ripple’s XRP
Ripple’s XRP rose by 5.63% on Thursday. Partially reversing a 6.51% decline from Wednesday, Ripple’s XRP ended the day at $0.26476.

A mixed start to the day saw Ripple’s XRP fall to an early morning intraday low $0.24749 before making a move.

Steering clear of the first major support level at $0.2402, Ripple’s XRP jumped to a late intraday high $0.27076.

Ripple’s XRP broke through the first major resistance level at $0.2653 before pullback back to end the day at sub-$0.2650 levels.

At the time of writing, Ripple’s XRP was up by 1.39% to $0.26844. A bullish start to the day saw Ripple’s XRP rise from an early morning low $0.26487 to a high $0.27000.

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 $0.2610 pivot level to bring the first major resistance level at $0.2745 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break out from this morning’s high $0.2700.

Barring an extended crypto rally, the first major resistance and resistance at $0.2750 would likely cap any upside.

In the event of an extended rally, Ripple’s XRP could test resistance at $0.2850 before any pullback. The second major resistance sits at $0.2843.

Failure to avoid a fall through the $0.2610 pivot would bring the first major support level at $0.2512 into play.

Barring another extended crypto sell-off, Ripple’s XRP should steer clear of sub-$0.25 levels. The second major support level sits at $0.2377.

Looking at the Technical Indicators
First Major Support Level: $0.2512

Pivot Level: $0.2610

First Major Resistance Level: $0.2745

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 #39 on: January 31, 2021, 01:01:43 AM »
January 30th, 2021
It’s a bullish start to the day for the majors. A move through Friday’s highs would signal a breakout day.


Ethereum
Ethereum rose by 3.47% on Friday. Following on from a 7.46% rally on Thursday, Ethereum ended the day at $1,379.87.

A mixed start to the day saw Ethereum fall to an early morning intraday low $1,286.56 before making a move.

Steering clear of the first major support level at $1,248, Ethereum rallied to an early afternoon intraday high $1,442.88.

Ethereum broke through the first major resistance level at $1,391, before a late pullback.

Coming within range of the second major resistance level at $1,449, Ethereum slid to $1,332 levels and into the red.

Finding late support, however, Ethereum bounced back to $1,410 levels before ending the day at sub-$1,380 levels.

At the time of writing, Ethereum was up by 1.57% to $1,401.59. A bullish start to the day saw Ethereum rise from an early morning low $1,379.61 to a high $1,402.72.

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 $1,370 to support a run at the first major resistance level at $1,453.

Support from the broader market would be needed, however, for Ethereum to break out from Friday’s high $1,442.88.

Barring an extended crypto rally, the first major resistance level and swing hi $1,477.30 would likely cap any upside.

In the event of another extended crypto rally, Ethereum could test the second major resistance level at $1,526.

Failure to avoid a fall through the $1,370 pivot would bring the first major support level at $1,297 into play.

Barring an extended sell-off, however, Ethereum should steer clear of sub-$1,200 levels. The second major support level at $1,214 should limit the downside.

Looking at the Technical Indicators
First Major Support Level: $1,297

Pivot Level: $1,370

First Major Resistance Level: $1,453

23.6% FIB Retracement Level: $1,148

38.2% FIB Retracement Level: $944

62% FIB Retracement Level: $614

Litecoin
Litecoin rose by 0.88% on Friday. Following on from an 8.89% rally on Thursday, Litecoin ended the day at $134.91.

A mixed start to the day saw Litecoin rise to an early high $138.97 before hitting reverse.

Falling short of the major resistance levels, Litecoin slid to a late morning intraday low $131.60.

In spite of the sell-off, Litecoin steered clear of the 38.2% FIB of $125 and the first major support level at $124.25.

Finding late morning support, Litecoin rallied to an early afternoon intraday high $145.88.

Litecoin broke through the first major resistance level at $139.63 before hitting reverse once more.

Coming up against the second major resistance level at $145.65, Litecoin slid back to $133 levels and into the red.

Finding late support, however, Litecoin briefly revisited $138 levels before easing back to end the day at sub-$135 levels.

At the time of writing, Litecoin was up by 0.62% to $135.75. A mixed start to the day saw Litecoin fall to an early morning low $134.51 before rising to a high $135.87.

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


For the day ahead
Litecoin would need to move through the $137.46 pivot level to support a run at the first major resistance level at $143.33.

Support from the broader market would be needed, however, for Litecoin to break back through to $140 levels.

Barring an extended crypto rally, the first major resistance level and 23.6% FIB of $148 would likely cap any upside.

In the event of an extended breakout, Litecoin could test resistance at $150 before any pullback. The second major resistance level sits at $151.74.

Failure to move through the $137.46 pivot level would bring the first major support level at $129.05 into play.

Barring another extended sell-off, Litecoin should steer clear of the second major support level at $123.18. The 38.2% FIB of $125 should limit the downside.

Looking at the Technical Indicators
First Major Support Level: $129.05

Pivot Level: $137.46

First Major Resistance Level: $143.33

23.6% FIB Retracement Level: $148

38.2% FIB Retracement Level: $125

62% FIB Retracement Level: $87

Ripple’s XRP
Ripple’s XRP rallied by 6.89% on Friday. Following on from a 5.63% gain on Thursday, Ripple’s XRP ended the day at $0.28314.

A mixed start to the day saw Ripple’s XRP fall to an early morning intraday low $0.26024 before making a move.

Steering clear of the first major support level at $0.2512, Ripple’s XRP jumped to a mid-morning intraday high $0.31694.

Ripple’s XRP broke through the day’s major resistance levels before hitting reverse.

Coming within range of the 23.6% FIB of $0.3172, Ripple’s XRP fell back through the major resistance levels to $0.272 levels.

Finding late morning support, Ripple’s XRP revisited $0.29 levels before easing back.

Ripple’s XRP broke back through the first major resistance level at $0.2745 and the second major resistance level at $0.2843.

The late pullback, however, saw Ripple’s XRP fall back through the second major resistance level to end the day at sub-$0.284 levels.

At the time of writing, Ripple’s XRP was up by 0.49% to $0.28454. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.28208 before rising to a high $0.28504.

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 $0.3133 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.31 levels.

Barring an extended crypto rally, resistance at $0.30 would likely leave Ripple’s XRP short of the first major resistance level.

In the event of an extended rally, Ripple’s XRP could test resistance at the 23.6% FIB of $0.3172 before any pullback. The second major resistance sits at $0.3435.

Failure to move through the $0.2868 pivot would bring the first major support level at $0.2566 into play.

Barring another extended crypto sell-off, Ripple’s XRP should steer clear of sub-$0.25 levels. The second major support level sits at $0.2301.

Looking at the Technical Indicators
First Major Support Level: $0.2566

Pivot Level: $0.2868

First Major Resistance Level: $0.3133

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 #40 on: February 01, 2021, 11:28:34 PM »
February 1st, 2021
It’s a bearish start to the day for the majors. Failure to move through the day’s pivot levels would leave support levels in play.


Ethereum
Ethereum fell by 4.79% on Sunday. Following a flat day on Saturday, Ethereum ended the week down by 5.75% to $1,313.94.

A mixed start to the day saw Ethereum rise to an early morning intraday high $1,382.00 before hitting reverse.

Falling short of the first major resistance level at $1,417, Ethereum slid to a late afternoon intraday low $1,283.00.

Ethereum fell through the first major support level at $1,335 and the second major support level at $1,290.

Finding late support, however, Ethereum broke back through the second major support level to end the day at $1,300 levels.

At the time of writing, Ethereum was down by 1.75% to $1,291.00. A bearish start to the day saw Ethereum fall from an early morning high $1,314.10 to a low $1,275.30.

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 $1,326 to support a run at the first major resistance level at $1,370.

Support from the broader market would be needed, however, for Ethereum to break out from $1,350 levels.

Barring an extended crypto rally, the first major resistance level and Sunday’s high $1,382.00 would likely cap any upside.

In the event of another extended crypto rally, Ethereum could test resistance at $1,400 before any pullback. The second major resistance level sits at $1,425.

Failure to move through the $1,326 pivot would bring the first major support level at $1,271 into play.

Barring an extended sell-off, however, Ethereum should steer clear of sub-$1,200 levels. The second major support level at $1,227 should limit the downside.

Looking at the Technical Indicators
First Major Support Level: $1,271

Pivot Level: $1,326

First Major Resistance Level: $1,370

23.6% FIB Retracement Level: $1,148

38.2% FIB Retracement Level: $944

62% FIB Retracement Level: $614

Litecoin
Litecoin fell by 2.96% on Sunday. Following on from a 0.94% decline on Saturday, Litecoin ended the week down by 8.21% to $129.58.

A mixed start to the day saw Litecoin rise to an early morning intraday high $135.21 before hitting reverse.

Falling short of the first major resistance level at $137.26, Litecoin slid to a late afternoon intraday low $125.70.

Litecoin fell through the first major support level at $129.03 before finding support.

Steering clear of the 38.2% FIB of $25, Litecoin broke back through the first major support level to end the day at $129.5 levels.

At the time of writing, Litecoin was down by 1.25% to $127.96. A bearish start to the day saw Litecoin fall from an early morning high $129.69 to a low $127.86.

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


For the day ahead
Litecoin would need to move through the $130.16 pivot level to support a run at the first major resistance level at $134.63.

Support from the broader market would be needed, however, for Litecoin to break back through to $130 levels.

Barring an extended crypto rally, the first major resistance level and Sunday’s high $135.21 would likely cap any upside.

In the event of an extended breakout, Litecoin could test resistance at $140 before any pullback. The second major resistance level sits at $139.67.

Failure to move through the $130.16 pivot level would bring the first major support level at $125.12 and 38.2% FIB of $125 into play.

Barring another extended sell-off, Litecoin should steer clear of sub-$120 levels. The second major support level at $120.65 should limit the downside.

Looking at the Technical Indicators
First Major Support Level: $125.12

Pivot Level: $130.16

First Major Resistance Level: $134.63

23.6% FIB Retracement Level: $148

38.2% FIB Retracement Level: $125

62% FIB Retracement Level: $87

Ripple’s XRP
Ripple’s XRP rallied by 11.56% on Sunday. Following on from Saturday’s 56.84% surge, Ripple’s XRP ended the week up by 81.2% to $0.49561.

A mixed start to the day saw Ripple’s XRP fall to an early morning intraday low $0.38701 before making a move.

While steering clear of the first major support level at $0.3094, Ripple’s XRP fell through the 38.2% FIB of $0.4070.

Finding mid-morning support, Ripple’s XRP rallied to a late morning intraday high $0.5369 before a 2nd pullback.

While breaking back through the 38.2% FIB, Ripple’s XRP fell short of the first major resistance level at $0.5485.

The 2nd sell-off saw Ripple’s XRP fall back to $0.42 levels before wrapping up the day at $0.49 levels.

Resistance at $0.50 pinned Ripple’s XRP back late in the day.

At the time of writing, Ripple’s XRP was down by 3.46% to $0.47847. A bearish start to the day saw Ripple’s XRP fall from an early morning high $0.49576 to a low $0.47020.

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


For the day ahead
Ripple’s XRP will avoid a fall back through the $0.4732 pivot level to bring 62% FIB of $0.5522 and the first major resistance level at $0.5593 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break out from Sunday’s high $0.5369.

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

In the event of an extended rally, Ripple’s XRP could test resistance at $0.60 before any pullback. The second major resistance level sits at $0.6231.

Failure to avoid a fall back through the $0.4732 pivot would bring the first major support level at $0.4094 and the 38.2% FIB of $0.4070 into play.

Barring an extended crypto sell-off, Ripple’s XRP should steer clear of sub-$0.40 levels. The second major support level sits at $0.3233.

Looking at the Technical Indicators
First Major Support Level: $0.4094

Pivot Level: $0.4732

First Major Resistance Level: $0.5593

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 #41 on: February 02, 2021, 10:12:08 PM »
February 2nd, 2021
It’s a mixed start. Ethereum and Litecoin would need to avoid the pivots, while Ripple’s XRP would need to revisit $0.50 levels to avoid another sell-off.


Ethereum
Ethereum rallied by 4.62% on Monday. Reversing a 4.79% slide from Sunday, Ethereum ended the day at $1,374.6.

A mixed start to the day saw Ethereum slide to an early morning intraday low $1,271.13 before making a move.

Finding support at the first major support level at $1,271, Ethereum struck a late morning high $1,346.50.

Falling short of the first major resistance level at $1,370, Ethereum slid back to a low $1,300.04 before finding support.

Late in the day, Ethereum rallied to an intraday high $1,378.02 before easing back. Ethereum broke through first major resistance level at $1,370 to end the day at $1,374 levels.

At the time of writing, Ethereum was up by 1.54% to $1,395.83. A bullish start to the day saw Ethereum rally from an early morning low $1,374.17 to a high $1,397.85.

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 $1,341 to support a run at the first major resistance level at $1,411.

Support from the broader market would be needed, however, for Ethereum to break back through to $1,400 levels.

Barring an 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 $1,500 before any pullback. The second major resistance level sits at $1,448.

Failure to avoid a fall through the $1,341 pivot would bring the first major support level at $1,305 into play.

Barring an extended sell-off, however, Ethereum should steer clear of sub-$1,200 levels. The second major support level at $1,234 should limit the downside.

Looking at the Technical Indicators
First Major Support Level: $1,305

Pivot Level: $1,341

First Major Resistance Level: $1,411

23.6% FIB Retracement Level: $1,148

38.2% FIB Retracement Level: $944

62% FIB Retracement Level: $614

Litecoin
Litecoin rose by 1.87% on Monday. Partially reversing a 2.96% loss from Sunday, Litecoin ended the day at $132.04.

A mixed start to the day saw Litecoin slide to an early morning intraday low $126.02 before making a move.

Steering clear of the first major support level at $125.12 and the 38.2% FIB of $125, Litecoin struck a late morning intraday high $136.62.

Litecoin broke through the first major resistance level at $134.63 before sliding back to sub-$128 levels.

Continuing to steer clear of the major support levels, Litecoin revisited $133 levels before ending the day at $132.04.

At the time of writing, Litecoin was 1.43% to $133.93. A bullish start to the day saw Litecoin rise from an early morning low $131.84 to a high $134.00.

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


For the day ahead
Litecoin would need to avoid a fall through the $131.56 pivot level to support a run at the first major resistance level at $137.10.

Support from the broader market would be needed, however, for Litecoin to break out from Monday’s high $136.62.

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

In the event of an extended breakout, Litecoin could test resistance at the 23.6% FIB of $148 before any pullback. The second major resistance level sits at $142.16.

Failure to avoid a fall through the $131.56 pivot level would bring the first major support level at $126.5 and 38.2% FIB of $125 into play.

Barring another extended sell-off, Litecoin should steer clear of sub-$120 levels. The second major support level at $120.96 should limit the downside.

Looking at the Technical Indicators
First Major Support Level: $126.50

Pivot Level: $131.56

First Major Resistance Level: $137.10

23.6% FIB Retracement Level: $148

38.2% FIB Retracement Level: $125

62% FIB Retracement Level: $87

Ripple’s XRP
Ripple’s XRP slumped by 25.14% on Monday. Reversing an 11.56% rally from Sunday, Ripple’s XRP ended the day at $0.37115.

A mixed start to the day saw Ripple’s XRP rally to a late morning intraday high $0.75991 before hitting reverse.

Ripple’s XRP broke through first major resistance level at $0.5593 and the second major resistance level at $0.6231.

More significantly, Ripple’s XRP also broke through the 62% FIB of $0.5522 to visit $0.70 levels for the first time this year.

Falling short of the third major resistance level at $0.7730, Ripple’s XRP tumbled to a late intraday low $0.35925.

The sell-off saw Ripple’s XRP slide through the first major support level at $0.4094.

More significantly, Ripple’s XRP also fell back through the 62% FIB of $0.5522 and the 38.2% FIB of $0.4070.

Finding support in the 2nd half of the day, Ripple’s XRP revisited $0.39 levels before falling back to $0.37 levels.

At the time of writing, Ripple’s XRP was down by 1.56% to $0.36537. A mixed start to the day saw Ripple’s XRP rise to an early morning high $0.37721 before sliding to a low $0.36458.

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 38.2% FIB of $0.4070 and the $0.4968 pivot level to bring the first major resistance level at $0.6343 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through the 62% FIB of $0.5522.

Barring another extended crypto rally, the first major resistance level and resistance at $0.70 would likely cap any upside.

In the event of another extended rally, Ripple’s XRP could test resistance at $0.90 before any pullback. The second major resistance level sits at $0.8974.

Failure to move through the 38.2% FIB of $0.04070 and the $0.4968 pivot would bring the 23.6% FIB of $0.3172 into play.

Barring another extended crypto sell-off, Ripple’s XRP should steer clear of sub-$0.30 and the first major support level at $0.2336.

Looking at the Technical Indicators
First Major Support Level: $0.2336

Pivot Level: $0.4968

First Major Resistance Level: $0.6343

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 #42 on: February 04, 2021, 01:46:45 AM »
February 3rd, 2021
It’s a bullish start to the day for the majors. Avoiding the day’s pivot levels would deliver further upside in the day ahead.


Ethereum
Ethereum jumped by 10.12% on Tuesday. Following on from a 4.62% rally on Monday, Ethereum ended the day at $1,513.67.

A mixed start to the day saw Ethereum fall to an early morning intraday low $1,360.27 before making a move.

Steering clear of the first major support level at $1,305, Ethereum rallied to a late intraday high and a new swing high $1,549.00.

Ethereum broke through the first major resistance level at $1,411 and the second major resistance level at $1,448.

Coming up short of the third major resistance level at $1,555, Ethereum eased back to end the day at sub-$1,520 levels.

At the time of writing, Ethereum was up by 0.50% to $1,521.30. A mixed start to the day saw Ethereum slip to an early morning low $1,513.08 before striking a high $1,523.39.

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 $1,474 to support a run at the first major resistance level at $1,588.

Support from the broader market would be needed, however, for Ethereum to break out from Tuesday’s swing high $1,549.00.

Barring an 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 $1,700 before any pullback. The second major resistance level sits at $1,663.

Failure to avoid a fall through the $1,474 pivot would bring the first major support level at $1,400 into play.

Barring an extended sell-off, however, Ethereum should steer clear of sub-$1,400 levels. The second major support level sits at $1,286.

Looking at the Technical Indicators
First Major Support Level: $1,400

Pivot Level: $1,474

First Major Resistance Level: $1,588

23.6% FIB Retracement Level: $1,203

38.2% FIB Retracement Level: $988

62% FIB Retracement Level: $642

Litecoin
Litecoin rallied by 7.65% on Tuesday. Following on from a 1.87% gain on Monday, Litecoin ended the day at $142.05.

A mixed start to the day saw Litecoin slip to an early morning intraday low $131.84 before making a move.

Steering clear of the first major support level at $126.50, Litecoin rallied to a late intraday high $145.95.

Litecoin broke through the first major resistance level at $137.10 and the second major resistance level at $142.16.

In spite of a late pullback, Litecoin avoided the second major resistance level, wrapping up the day at $142 levels.

At the time of writing, Litecoin was up by 0.37% to $142.57. A bullish start to the day saw Litecoin rise from an early morning low $142.12 to a high $142.95.

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


For the day ahead
Litecoin would need to avoid a fall through the $139.95 pivot level to support a run at 23.6% FIB of $148 and the first major resistance level at $148.05.

Support from the broader market would be needed, however, for Litecoin to break out from Tuesday’s high $145.95.

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 before any pullback. The second major resistance level sits at $154.06.

Failure to avoid a fall through the $139.95 pivot level would bring the first major support level at $133.94 into play.

Barring another extended sell-off, Litecoin should steer clear of the second major support level at $125.84 and the 38.2% FIB of $125.

Looking at the Technical Indicators
First Major Support Level: $133.94

Pivot Level: $139.95

First Major Resistance Level: $148.05

23.6% FIB Retracement Level: $148

38.2% FIB Retracement Level: $125

62% FIB Retracement Level: $87

Ripple’s XRP
Ripple’s XRP rose by 0.34% on Tuesday. Following Monday’s 25.14% slump, Ripple’s XRP ended the day at $0.37244.

A bearish start to the day saw Ripple’s XRP fall to an early morning intraday low $0.34007 before making a move.

Steering clear of the 23.6% FIB of $0.3172 and the first major support level at $0.2336, Ripple’s XRP rose to a late morning intraday high $0.41186.

While falling short of the first major resistance level at $0.6343, Ripple’s XRP broke through the 38.2% FIB of $0.4070.

A bearish second half of the day, however, saw Ripple’s XRP fall back through the 38.2% FIB to end the day at $0.372 levels.

At the time of writing, Ripple’s XRP was up by 1.94% to $0.37965. A bullish start to the day saw Ripple’s XRP rise from an early morning low $0.37340 to a high $0.37965.

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 $0.3748 pivot level to bring the 38.2% FIB of $0.4070 and the first major resistance level at $0.4095 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.40 levels.

Barring another extended crypto rally, the 38.2% FIB and the first major resistance level would likely cap any upside.

In the event of an extended rally, Ripple’s XRP could test resistance at $0.50 before any pullback. The second major resistance level sits at $0.4466.

Failure to avoid a fall back through the $0.3748 pivot would bring the first major support level at $0.3377 into play.

Barring an extended crypto sell-off, Ripple’s XRP should steer clear of sub-$0.30 levels. The 23.6% FIB of $0.3172 and the first major support level at $0.3030 should limit the downside.

Looking at the Technical Indicators
First Major Support Level: $0.3377

Pivot Level: $0.3748

First Major Resistance Level: $0.4095

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 #43 on: February 05, 2021, 08:34:02 PM »
February 4th, 2021
It’s a mixed start to the day for the majors, with Ripple’s XRP seeing red early on. Following Wednesday’s gains, expect the pivot levels to be key today.


Ethereum
Ethereum jumped by 10.23% on Wednesday. Following on from a 10.12% rally Tuesday, Ethereum ended the day at $1,668.72.

A mixed start to the day saw Ethereum slip to an early morning intraday low $1,509.48 before making a move.

Steering well clear of the first major support level at $1,400, Ethereum rallied to a late intraday high and a new swing high $1,672.20.

Ethereum broke through the first major resistance level at $1,588 and the second major resistance level at $1,663 to end the day at $1,668 levels.

At the time of writing, Ethereum was up 0.29% to $1,673.63. A mixed start to the day saw Ethereum fall to an early morning low $1,664.08 before rising to a new swing hi $1,680.00.

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 $1,617 to support a run at the first major resistance level at $1,724.

Support from the broader market would be needed, however, for Ethereum to break through to $1,700 levels.

Barring an 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 $1,800 before any pullback. The second major resistance level sits at $1,780.

Failure to avoid a fall through the $1,617 pivot would bring the first major support level at $1,561 into play.

Barring an extended sell-off, however, Ethereum should steer clear of sub-$1,500 levels. The second major support level sits at $1,454.

Looking at the Technical Indicators
First Major Support Level: $1,561

Pivot Level: $1,617

First Major Resistance Level: $1,724

23.6% FIB Retracement Level: $1,297

38.2% FIB Retracement Level: $1,064

62% FIB Retracement Level: $689

Litecoin
Litecoin rallied by 9.91% on Wednesday. Following on from a 7.65% gain on Tuesday, Litecoin ended the day at $156.20.

It was a bullish day. Litecoin rallied from a start of the day intraday low $142.12 to a final hour intraday high $156.86.

Litecoin broke through the first major resistance level at $148.05 and the second major resistance level at $154.06.

More significantly, Litecoin also broke through the 23.6% FIB of $148 to wrap up the day at $156 levels.

At the time of writing, Litecoin was up by 1.11% to $157.93. A mixed start to the day saw Litecoin slip to an early low $156.05 before striking a high $158.49.

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


For the day ahead
Litecoin would need to avoid a fall through the $151.73 pivot level to support a run at the first major resistance level at $161.33.

Support from the broader market would be needed, however, for Litecoin to break through to $160 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 $170 before any pullback. The second major resistance level sits at $166.47.

Failure to avoid a fall through the $151.73 pivot level would bring the 23.6% FIB of $148 and the first major support level at $146.59 into play.

Barring another extended sell-off, Litecoin should steer clear of sub-$145 levels. The second major support level sits at $136.99.

Looking at the Technical Indicators
First Major Support Level: $146.59

Pivot Level: $151.73

First Major Resistance Level: $161.33

23.6% FIB Retracement Level: $148

38.2% FIB Retracement Level: $125

62% FIB Retracement Level: $87

Ripple’s XRP
Ripple’s XRP rallied by 6.58% on Wednesday. Following on from a 0.34% gain on Tuesday, Ripple’s XRP ended the day at $0.39797.

It was also bullish day for Ripple’s XRP, which avoided a fall into the red.

Ripple’s XRP rose from a start of the day intraday low $0.3734 to a late afternoon intraday high $0.4190 before easing back.

The rally saw Ripple’s XRP break through the 38.2% FIB of $0.4070 and the first major resistance level at $0.4095.

A pullback to $0.383 levels saw Ripple’s XRP fall back through the 38.2% FIB and first major resistance level, however.

Finding late support, Ripple’s XRP moved back through to $0.39 levels to deliver the upside on the day.

At the time of writing, Ripple’s XRP was down by 0.56% to $0.39574. A mixed start to the day saw Ripple’s XRP rise to an early morning high $0.3990 before falling to a low $0.39500.

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 $0.3967 pivot level to bring the 38.2% FIB of $0.4070 and the first major resistance level at $0.4202 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break out from Wednesday’s high $0.4190.

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

In the event of an extended rally, Ripple’s XRP could test resistance at $0.45 before any pullback. The second major resistance level sits at $0.4424.

Failure to move back through the $0.3967 pivot would bring the first major support level at $0.3746 into play.

Barring an extended crypto sell-off, Ripple’s XRP should steer clear of the 23.6% FIB of $0.3172. The second major support level at $0.3512 should limit the downside.

Looking at the Technical Indicators
First Major Support Level: $0.3746

Pivot Level: $0.3968

First Major Resistance Level: $0.4202

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 #44 on: February 07, 2021, 12:17:25 AM »
February 5th, 2021
It’s a mixed start to the day for the majors. A move through Thursday’s highs would support a breakout.


Ethereum
Ethereum fell by 4.26% on Thursday. Partially reversing a 10.23% rally from Wednesday, Ethereum ended the day at $1,597.55.

It was a bullish start to the day. Ethereum rose to an early morning intraday high and a new swing hi $1,699.00 before hitting reverse.

Falling short of the first major resistance level at $1,724, Ethereum slid to a mid-afternoon intraday low $1,556.0.

Finding support at the first major support level at $1,561, Ethereum briefly revisited $1,600 levels before easing back.

At the time of writing, Ethereum was up by 0.01% to $1,597.75. A mixed start to the day saw Ethereum rise to an early morning high $1,610.84 before falling to a low $1,592.63.

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 $1,618 to support a run at the first major resistance level at $1,679.

Support from the broader market would be needed, however, for Ethereum to break out from $1,650 levels.

Barring an extended crypto rally, the first major resistance level and Thursday’s high $1,699.00 would likely cap any upside.

In the event of an extended crypto rally, Ethereum could test resistance at $1,800 before any pullback. The second major resistance level sits at $1,761.

Failure to move through the $1,618 pivot would bring the first major support level at $1,536 into play.

Barring an extended sell-off, however, Ethereum should steer clear of sub-$1,500 levels. The second major support level sits at $1,475.

Looking at the Technical Indicators
First Major Support Level: $1,536

Pivot Level: $1,618

First Major Resistance Level: $1,679

23.6% FIB Retracement Level: $1,317

38.2% FIB Retracement Level: $1,081

62% FIB Retracement Level: $699

Litecoin
Litecoin slid by 7.06% on Thursday. Partially reversing Wednesday’s 9.91% rally, Litecoin ended the day at $145.27.

It was a bullish day. Litecoin rose to an early morning intraday high $158.99 before hitting reverse.

Falling short of the first major resistance level at $161.33, Litecoin slid to a mid-afternoon intraday low $141.16.

The sell-off saw Litecoin fall through the 23.6% FIB of $148 and the first major support level at $146.59.

Steering clear of sub-$140, Litecoin revisited $148 levels before easing back. The 23.6% FIB of $148 pinned Litecoin back late in the day.

At the time of writing, Litecoin was down by 0.70% to $144.25. A mixed start to the day saw Litecoin rise to an early morning high $145.97 before falling to a low $143.63.

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


For the day ahead
Litecoin would need to move through the 23.6% FIB of $148 and the $148.47 pivot level to support a run at the first major resistance level at $155.79.

Support from the broader market would be needed, however, for Litecoin to break through to $155 levels.

Barring an extended crypto rally, the first major resistance level and Thursday’s high $158.99 would likely cap any upside.

In the event of an extended breakout, Litecoin could test resistance at $170 before any pullback. The second major resistance level sits at $166.30.

Failure to move through the 23.6% FIB and the $148.47 pivot level would bring the first major support level at $137.96 into play.

Barring another extended sell-off, Litecoin should steer clear of sub-$135 levels. The second major support level sits at $130.64.

Looking at the Technical Indicators
First Major Support Level: $137.96

Pivot Level: $148.47

First Major Resistance Level: $155.79

23.6% FIB Retracement Level: $148

38.2% FIB Retracement Level: $125

62% FIB Retracement Level: $87

Ripple’s XRP
Ripple’s XRP jumped by 12.12% on Thursday. Following on from a 6.58% rally on Wednesday, Ripple’s XRP ended the day at $0.44619.

A mixed start to the day saw Ripple’s XRP fall to an early morning intraday low $0.38024 before making a move.

Steering clear of the first major support level at $0.3746, Ripple’s XRP rallied to a late intraday high $0.48151.

Ripple’s XRP broke through the first major resistance level at $0.4202 and the second major resistance level at $0.4424.

More significantly, Ripple’s XRP broke back through the 38.2% FIB of $0.4070.

Falling short of the third major resistance level at $0.4880, Ripple’s XRP slid back to end the day at sub-$0.45 levels.

The second major resistance level at $0.4424 provided support late in the day.

At the time of writing, Ripple’s XRP was up by 0.57% to $0.44873. A bullish start to the day saw Ripple’s XRP rise from an early morning low $0.44611 to a high $0.45697.

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 $0.4360 pivot level to bring the first major resistance level at $0.4917 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break out from Thursday’s high $0.48151.

Barring another extended crypto rally, the first major resistance level and resistance at $0.50 would likely cap any upside.

In the event of an extended rally, Ripple’s XRP could the second major resistance level at $0.5373 and resistance at the 62% FIB of $0.5522.

Failure to avoid a fall through the $0.4369 pivot would bring the 38.2% FIB of $0.4070 and the first major support level at $0.3905 into play.

Barring an extended crypto sell-off, Ripple’s XRP should steer clear of sub-$0.35 levels. The second major support level sits at $0.3347.

Looking at the Technical Indicators
First Major Support Level: $0.3905

Pivot Level: $0.4360

First Major Resistance Level: $0.4917

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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