Home Ripple Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 3rd, 2021 – Yahoo Finance

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 3rd, 2021 – Yahoo Finance

9 min read
Comments Off on Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 3rd, 2021 – Yahoo Finance
17

Ethereum

Ethereum rose by 2.79% Friday. Partially reversing a 7.45% slide from Thursday, Ethereum ended the day at $2,156.00.

A bearish begin to the day noticed Ethereum slide to a late morning intraday low $2,017.07 earlier than making a transfer.

The morning reversal noticed Ethereum fall by way of the primary main help degree at $2,027.

By the twond half of the day, nonetheless, Ethereum rallied to a late intraday excessive $2,159.43.

Falling wanting the primary main resistance degree at $2,232, Ethereum eased again to finish the day at $2,156 ranges.

On the time of writing, Ethereum was down by 0.28% to $2,150.04. A combined begin to the day noticed Ethereum rise to an early morning excessive $2,166.60 earlier than falling to a low $2,150.04.

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

For the day forward

Ethereum would wish to keep away from the $2,111 pivot to carry the primary main resistance degree at $2,205 into play.

Help from the broader market could be wanted, nonetheless, for Ethereum to interrupt again by way of to $2,200 ranges.

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

Within the occasion of a broad-based crypto rebound, Ethereum might take a look at resistance at $2,300. The second main resistance degree sits at $2,253.

A fall by way of the $2,111 pivot would carry the primary main help degree at $2,062 into play.

Barring one other prolonged sell-off, nonetheless, Ethereum ought to keep away from sub-$2,000 ranges. The second main help degree sits at $1,967.

Wanting on the Technical Indicators

First Main Help Stage: $2,062

Pivot Stage: $2,111

First Main Resistance Stage: $2,205

23.6% FIB Retracement Stage: $3,369

38.2% FIB Retracement Stage: $2,740

62% FIB Retracement Stage: $1,725

Litecoin

Litecoin slipped by 0.09% on Friday. Following a 5.03% loss on Thursday, Litecoin ended the day at $136.91.

A combined begin to the day noticed Litecoin rise to an early morning intraday excessive $139.00 earlier than hitting reverse.

Falling wanting the primary main resistance degree at $143, Litecoin slid to a late morning intraday low $130.60.

Litecoin fell by way of the primary main help degree at $133 earlier than a partial restoration to $136 ranges.

On the time of writing, Litecoin was down by 0.35% to $136.43. A combined begin to the day noticed Litecoin rise to an early morning excessive $137.34 earlier than falling to a low $136.43.

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

For the day forward

Litecoin would wish to keep away from the $136 pivot to carry the primary main resistance degree at $140 into play.

Help from the broader market could be wanted, nonetheless, for Litecoin to interrupt again by way of to $140 ranges.

Barring an prolonged crypto rally, the primary main resistance degree and Friday’s excessive $139.00 would doubtless cap any upside.

Within the occasion of an prolonged breakout, Litecoin might take a look at resistance at $150. The second main resistance degree sits at $144.

A fall by way of the $136 pivot would carry the primary main help degree at $132 into play.

Barring one other prolonged sell-off, nonetheless, Litecoin ought to keep away from sub-$130 ranges. The second main help degree sits at $127.

Wanting on the Technical Indicators

First Main Help Stage: $132

Pivot Stage: $136

First Main Resistance Stage: $140

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 0.34% on Friday. Following a 6.24% slide on Thursday, Ripple’s XRP ended the day at $0.65717.

A combined begin to the day noticed Ripple’s XRP rise to an early morning intraday excessive $0.66686 earlier than hitting reverse.

Falling wanting the primary main resistance degree at $0.6948, Ripple’s XRP slid to a noon intraday low $0.63337.

Ripple’s XRP fell by way of the primary main help degree at $0.6355 earlier than a partial restoration to $0.65 ranges.

On the time of writing, Ripple’s XRP was down by 0.32% to $0.65509. A combined begin to the day noticed Ripple’s XRP rise to an early morning excessive $0.65887 earlier than falling to a low $0.65509.

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

For the day forward

Ripple’s XRP might want to keep away from the $0.6525 pivot to carry the primary main resistance degree at $0.6716 into play.

Help from the broader market could be wanted, nonetheless, for Ripple’s XRP to interrupt out from Friday’s excessive $0.66686.

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

Within the occasion of one other breakout, Ripple’s XRP might take a look at resistance at $0.70. The second main resistance degree sits at $0.6860.

A fall by way of the $0.6525 pivot would carry the primary main help degree at $0.6381 into play.

Barring one other prolonged sell-off, nonetheless, Ripple’s XRP ought to keep away from the second main help degree at $0.6190.

Wanting on the Technical Indicators

First Main Help Stage: $0.6381

Pivot Stage: $0.6525

First Main resistance Stage: $0.6716

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

BTC/USD Forex Signal: Back Below $40k – DailyForex.com

As we speak’s pivotal level is probably going at $40,625. Last Wednesday’s Bitcoin signals…