Home Litecoin Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – September 15th, 2021 – Yahoo Finance

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – September 15th, 2021 – Yahoo Finance

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Ethereum

Ethereum rallied by 4.58% on Tuesday. Reversing a 3.46% loss from Monday, Ethereum ended the day at $3,436.29.

A blended begin to the day noticed Ethereum fall to an early morning intraday low $3,270.74 earlier than making a transfer.

Steering away from the primary main assist stage at $3,122, Ethereum rallied to a closing hour intraday excessive $3,439.15.

Whereas falling wanting the primary main resistance stage at $3,440, Ethereum broke by means of the 23.6% FIB of $3,369 to finish the day at $3,430 ranges.

On the time of writing, Ethereum was down by 0.13% to $3,431.76. A blended begin to the day noticed Ethereum rise to an early morning excessive $3,452.06 earlier than falling to a low $3,422.90.

Ethereum left the foremost assist and resistance ranges untested early on.

For the day forward

Ethereum would wish to keep away from the $3,382 pivot to deliver the primary main resistance stage at $3,493 into play.

Assist from the broader market could be wanted, nonetheless, for Ethereum to interrupt out from Tuesday’s excessive $3,439.15.

Barring an prolonged crypto rally, the primary main resistance stage would doubtless cap the upside.

Within the occasion of a broad-based crypto rally, Ethereum may take a look at resistance at $3,600 earlier than any pullback. The second main resistance stage sits at $3,551.

A fall by means of the $3,382 pivot would deliver the 23.6% FIB of $3,369 and the primary main assist stage at $3,325 into play.

Barring an prolonged sell-off, nonetheless, Ethereum ought to keep away from sub-$3,200 ranges. The second main assist stage at $3,214 ought to restrict the draw back.

Wanting on the Technical Indicators

First Main Assist Degree: $3,325

Pivot Degree: $3,382

First Main Resistance Degree: $3,493

23.6% FIB Retracement Degree: $3,369

38.2% FIB Retracement Degree: $2,740

62% FIB Retracement Degree: $1,725

Litecoin

Litecoin rose by 2.06% on Tuesday. Reversing a 1.99% loss from Monday, Litecoin ended the day at $183.09.

A bearish begin to the day noticed Litecoin fall to an early morning intraday low $176.21 earlier than making a transfer.

Whereas steering away from the foremost assist ranges, Litecoin fell by means of the 23.6% FIB of $178.

Discovering late morning assist, nonetheless, Litecoin rallied to a mid-afternoon intraday excessive $188.88 earlier than easing again.

Whereas falling effectively wanting the primary main resistance stage at $221, Litecoin broke again by means of the 23.6% FIB to finish the day at $183 ranges.

On the time of writing, Litecoin was down by 0.31% to $182.53. A blended begin to the day noticed Litecoin rise to an early morning excessive $183.42 earlier than falling to a low $182.53.

Litecoin left the foremost assist and resistance ranges untested early on.

For the day forward

Litecoin would wish to maneuver again by means of the $183 pivot to deliver the primary main resistance stage at $189 into play.

Assist from the broader market could be wanted, nonetheless, for Litecoin to interrupt out from $185 ranges.

Barring an prolonged crypto rally, the primary main resistance stage and Tuesday’s excessive $188.88 would doubtless cap the upside.

Within the occasion of one other breakout, Litecoin may take a look at resistance at $200. The second main resistance stage sits at $195.

Failure to maneuver again by means of the $183 pivot would deliver the 23.6% FIB of $178 and the primary main assist stage at $177 into play.

Barring one other prolonged sell-off, Litecoin ought to keep away from sub-$170. The second main assist stage at $170 ought to restrict the draw back.

Wanting on the Technical Indicators

First Main Assist Degree: $177

Pivot Degree: $183

First Main Resistance Degree: $189

23.6% FIB Retracement Degree: $178

38.2% FIB Retracement Degree: $223

62% FIB Retracement Degree: $296

Ripple’s XRP

Ripple’s XRP rose by 3.07% on Tuesday. Partially reversing a 4.95% slide from Monday, Ripple’s XRP ended the day at $1.09682

A blended begin to the day noticed Ripple’s XRP fall to an early morning intraday low $1.05695 earlier than making a transfer.

Steering away from the primary main assist stage at $1.0164, Ripple’s XRP rallied to a closing hour intraday excessive $1.09700.

Whereas falling wanting the primary main resistance stage at $1.1192, Ripple’s XRP broke by means of the 38.2% FIB of $1.0659 to finish the day at $1.09 ranges.

On the time of writing, Ripple’s XRP was down by 0.17% to $1.09493. A blended begin to the day noticed Ripple’s XRP rise to an early morning excessive $1.09688 earlier than falling to a low $1.09153.

Ripple’s XRP left the foremost assist and resistance ranges untested early on.

For the day forward

Ripple’s XRP would wish to keep away from the $1.0836 pivot to deliver first main resistance stage at $1.1102 into play.

Assist from the broader market could be wanted, nonetheless, for Ripple’s XRP to interrupt out from Tuesday’s excessive $1.09700.

Barring an prolonged crypto rally, the primary main resistance stage would doubtless cap the upside.

Within the occasion of a broad-based crypto rally, Ripple’s XRP may take a look at resistance at $1.15 ranges earlier than any pullback. The second main resistance stage sits at $1.1236.

A fall by means of the $1.0836 pivot would deliver the primary main assist stage at $1.0702 and the 38.2% FIB of $1.0659 into play.

Barring one other prolonged sell-off, nonetheless, Ripple’s XRP ought to keep away from sub-$1.00 ranges. The second main assist stage at $1.0435 ought to restrict the draw back.

Wanting on the Technical Indicators

First Main Assist Degree: $1.0702

Pivot Degree: $1.0836

First Main resistance Degree: $1.1102

23.6% FIB Retracement Degree: $0.8533

38.2% FIB Retracement Degree: $1.0659

62% FIB Retracement Degree: $1.4096

Please tell us what you suppose within the feedback beneath.

Thanks, Bob

This article was initially posted on FX Empire

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