Home Litecoin Litecoin price – Ethereum, Litecoin, and Ripple's XRP – Daily Tech Analysis – February 27th, 2021 – Fintech Zoom

Litecoin price – Ethereum, Litecoin, and Ripple's XRP – Daily Tech Analysis – February 27th, 2021 – Fintech Zoom

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Ethereum fell by 2.49% on Friday. Following on from an 8.78% slide on Thursday, Ethereum ended the day at $1,445.18.

A combined begin to the day noticed Ethereum rise to an early morning excessive $1,530.00 earlier than hitting reverse.

Falling effectively in need of the most important resistance ranges and 23.6% FIB of $1,579, Ethereum fell to a mid-morning intraday low $1,400.01.

Discovering help on the first main help degree at $1,403, Ethereum struck a late afternoon intraday excessive $1,564.11.

Falling in need of the 23.6% FIB and the primary main resistance degree at $1,617, Ethereum slid again to $1,411 ranges earlier than steadying.

On the time of writing, Ethereum was up by 0.82% to $1,457.03. A combined begin to the day noticed Ethereum fall to an early morning low $1,439.59 earlier than rising to a excessive $1,466.67

Ethereum left the most important help and resistance ranges untested early on.

For the day forward

Ethereum would want to maneuver by the pivot degree at $1,470 to help a run on the first main resistance degree at $1,540.

Help from the broader market could be wanted, nevertheless, for Ethereum to interrupt again by to $1,500 ranges.

Barring an prolonged crypto rally, the primary main resistance degree and 23.6% FIB of $1,579 would doubtless cap any upside.

Within the occasion of a breakout, Ethereum might take a look at resistance at $1,700 earlier than any pullback. The second main resistance degree sits at $1,634.

Failure to maneuver by the $1,470 pivot would deliver the primary main help degree at $1,375 into play.

Barring one other prolonged sell-off, nevertheless, Ethereum ought to avoid the 38.2% FIB of $1,292. The second main help degree at $1,306 ought to restrict the draw back.

Trying on the Technical Indicators

First Main Help Degree: $1,375

Pivot Degree: $1,470

First Main Resistance Degree: $1,540

23.6% FIB Retracement Degree: $1,579

38.2% FIB Retracement Degree: $1,292

62% FIB Retracement Degree: $830

Litecoin slid by 5.07% on Friday. Following on from a 1.17% decline on Thursday, Litecoin ended the day at $170.30.

It was a combined begin to the day. Litecoin rose to an early morning intraday excessive $182.90 earlier than hitting reverse.

Falling in need of the 23.6% FIB of $195 and the primary main resistance degree at $198.04 Litecoin fell to a late morning intraday low $162.23.

The sell-off noticed Litecoin fall by the primary main help degree at $168.05 and the 38.2% FIB of $163.

Discovering late morning help, Litecoin revisited $181 ranges earlier than falling again to finish the day at $170 ranges.

On the time of writing, Litecoin was up by 1.65% to $173.11. A combined begin to the day noticed Litecoin fall to an early morning low $169.50 earlier than rising to a excessive $174.24.

Litecoin left the most important help and resistance ranges untested early on.

For the day forward

Litecoin would want to keep away from a fall by the $171.81 pivot degree to help a run on the first main resistance degree at $181.39.

Help from the broader market could be wanted, nevertheless, for Litecoin to interrupt again by to $180 ranges.

Barring an prolonged crypto rally, the primary main resistance degree and Friday’s excessive $182.90 would doubtless cap any upside.

Within the occasion of an prolonged breakout, Litecoin might take a look at the second main resistance degree at $192.48 and 23.6% FIB of $195.

Failure to keep away from a fall by the $171.81 pivot degree would deliver the 38.2% FIB of $163 and the primary main help degree at $160.72 into play.

Barring one other prolonged sell-off, Litecoin ought to avoid the second main help degree at $151.14.

Trying on the Technical Indicators

First Main Help Degree: $160.72

Pivot Degree: $171.81

First Main Resistance Degree: $181.39

23.6% FIB Retracement Degree: $195

38.2% FIB Retracement Degree: $163

62% FIB Retracement Degree: $110

Ripple’s XRP fell by 1.54% on Friday. Following on from a 6.93% slide on Thursday, Ripple’s XRP ended the day at $0.42821.

A bearish begin to the day noticed Ripple’s XRP slide to an early morning intraday low $0.41137.

Discovering help on the first main help degree at $0.4133, Ripple’s XRP rose to a late afternoon intraday excessive $0.45030.

Falling effectively in need of the primary main resistance degree at $0.4700, nevertheless, Ripple’s XRP fell again to sub-$0.42 ranges earlier than discovering help.

A late transfer again by to $0.42 ranges diminished the deficit on the day.

On the time of writing, Ripple’s XRP was up by 1.45% to $0.43443. A combined begin to the day noticed Ripple’s XRP fall to an early morning low $0.42843 earlier than rising to a excessive $0.43699.

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

For the day forward

Ripple’s XRP might want to keep away from a fall again by the $0.4300 pivot degree to deliver the primary main resistance degree at $0.4486 into play.

Help from the broader market could be wanted, nevertheless, for Ripple’s XRP to interrupt out from $0.4500 ranges.

Barring an prolonged crypto rally, the primary main resistance degree and Friday’s excessive $0.4503 ought to cap any upside.

Within the occasion of an prolonged rally, Ripple’s XRP might take a look at resistance on the 38.2% FIB of $0.4632 and the second main resistance degree at $0.4689.

Failure to keep away from a fall by the $0.4300 pivot would deliver the primary main help degree at $0.4096 into play.

Barring one other prolonged sell-off, nevertheless, Ripple’s XRP ought to avoid sub-$0.40 ranges. The second main help degree sits at $0.3910.

Trying on the Technical Indicators

First Main Help Degree: $0.4096

Pivot Degree: $0.4300

First Main resistance Degree: $0.4486

23.6% FIB Retracement Degree: $0.5320

38.2% FIB Retracement Degree: $0.4632

62% FIB Retracement Degree: $0.3521

Please tell us what you suppose within the feedback beneath.

Thanks, Bob

This text was initially posted on FX Empire

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