Home Litecoin Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – September 29th, 2021 – Yahoo Finance

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – September 29th, 2021 – Yahoo Finance

9 min read
Comments Off on Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – September 29th, 2021 – Yahoo Finance
11

Ethereum

Ethereum fell by 4.12% on Tuesday. Following a 4.40% slide on Monday, Ethereum ended the day at $2,805.65.

A blended begin to the day noticed Ethereum rise to an early morning intraday excessive $2,971.16 earlier than hitting reverse.

Falling in need of the primary main resistance degree at $3,087, Ethereum slid to a ultimate hour intraday low $2,782.60.

Ethereum fell by means of the primary main help degree at $2,844 to finish the day at $2,805 ranges.

On the time of writing, Ethereum was down by 0.22% to $2,799.58. A blended begin to the day noticed Ethereum rise to an early morning excessive $2,828.00 earlier than falling to a low $2,785.06.

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

For the day forward

Ethereum would wish to maneuver by means of the $2,853 pivot to deliver the primary main resistance degree at $2,924 into play.

Assist from the broader market could be wanted, nonetheless, for Ethereum to interrupt again by means of to $2,900 ranges.

Barring an prolonged crypto rally, the primary main resistance degree and Tuesday’s excessive $2,971.16 would possible cap the upside.

Within the occasion of a broad-based crypto rally, Ethereum might check resistance at $3,100 earlier than any pullback. The second main resistance degree sits at $3,042.

Failure to maneuver by means of the $2,853 pivot would deliver the 38.2% FIB of $2,740 and the primary main help degree at $2,735 into play.

Barring one other prolonged sell-off, nonetheless, Ethereum ought to avoid sub-$2,700 ranges. The second main help degree sits at $2,665.

Wanting on the Technical Indicators

First Main Assist Stage: $2,735

Pivot Stage: $2,853

First Main Resistance Stage: $2,924

23.6% FIB Retracement Stage: $3,369

38.2% FIB Retracement Stage: $2,740

62% FIB Retracement Stage: $1,725

Litecoin

Litecoin fell by 3.12% on Tuesday. Following a 3.66% decline on Monday, Litecoin ended the day at $140.54.

After a uneven morning, Litecoin rose to an early afternoon intraday excessive $148.93 earlier than hitting reverse.

Falling in need of the primary main resistance degree at $152, Litecoin fell to a ultimate hour intraday low $140.00.

Litecoin fell by means of the primary main help degree at $142 to finish the day at $140 ranges.

On the time of writing, Litecoin was up by 0.12% to $140.71. A blended begin to the day noticed Litecoin rise to an early morning excessive $141.36 earlier than falling to a low $139.77.

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

For the day forward

Litecoin would wish to maneuver by means of the $143 pivot to deliver the primary main resistance degree at $146 into play.

Assist from the broader market could be wanted, nonetheless, for Litecoin to interrupt again by means of to $145 ranges.

Barring an prolonged crypto rally, the primary main resistance degree and Tuesday’s excessive $148.93 would possible cap the upside.

Within the occasion of one other breakout, Litecoin might check resistance at $155 earlier than any pullback. The second main resistance degree sits at $152.

Failure to maneuver by means of the $143 pivot would deliver the primary main help degree at $137 into play.

Barring one other prolonged sell-off, Litecoin ought to avoid the second main help degree at $134.

Wanting on the Technical Indicators

First Main Assist Stage: $137

Pivot Stage: $143

First Main Resistance Stage: $146

23.6% FIB Retracement Stage: $178

38.2% FIB Retracement Stage: $223

62% FIB Retracement Stage: $296

Ripple’s XRP

Ripple’s XRP fell by 3.07% on Tuesday. Following a 2.24% loss on Monday, Ripple’s XRP ended the day at $0.89360.

After a blended begin, Ripple’s XRP rose to a late morning intraday excessive $0.94242 earlier than hitting reverse.

Falling in need of the primary main resistance degree at $0.9626, Ripple’s XRP slid to a ultimate hour intraday low $0.89115.

Ripple’s XRP fell by means of the primary main help degree at $0.9013 to finish the day at sub-$0.90 ranges.

On the time of writing, Ripple’s XRP was down by 0.66% to $0.88772. A blended begin to the day noticed Ripple’s XRP rise to an early morning excessive $0.89895 earlier than falling to a low $0.88657.

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

For the day forward

Ripple’s XRP would wish to maneuver by means of the $0.9091 pivot to deliver the primary main resistance degree at $0.9270 into play.

Assist could be wanted, nonetheless, for Ripple’s XRP to interrupt again by means of to $0.92 ranges.

Barring an prolonged crypto rally, the primary main resistance degree and Tuesday’s excessive $0.94242 would possible cap the upside.

Within the occasion of a broad-based crypto rally, Ripple’s XRP might check the second main resistance degree at $0.9603.

Failure to maneuver by means of $0.9091 pivot would deliver the primary main help degree at $0.8757 into play.

Barring an prolonged sell-off, nonetheless, Ripple’s XRP ought to keep away from the second main help degree at $0.8578 and the 23.6% FIB of $0.8533.

Wanting on the Technical Indicators

First Main Assist Stage: $0.8757

Pivot Stage: $0.9091

First Main resistance Stage: $0.9270

23.6% FIB Retracement Stage: $0.8533

38.2% FIB Retracement Stage: $1.0659

62% FIB Retracement Stage: $1.4096

Please tell us what you suppose within the feedback under.

Thanks, Bob

This article was initially posted on FX Empire

Extra From FXEMPIRE:

Adblock test (Why?)


Source link

Comments are closed.

Check Also

Ethereum: Last Chance for a Low-Risk Buying Opportunity Should Be Around the Corner – Yahoo Finance

Two weeks in the past, see here, when Ethereum (ETH) was buying and selling at $3580s, I a…