Home Ripple Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – September 18th, 2021

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – September 18th, 2021

10 min read
Comments Off on Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – September 18th, 2021
12

Ethereum

Ethereum slid by 4.73% on Friday. Following a 1.30% loss on Thursday, Ethereum ended the day at $3,400.00.

A blended begin to the day noticed Ethereum rise to an early morning intraday excessive $3,595.00 earlier than hitting reverse.

Falling in need of the primary main resistance degree at $3,669, Ethereum slid to a late intraday low $3,350.06.

Ethereum fell by way of the primary main assist degree at $3,476 and the second main assist degree at $3,383.

The prolonged sell-off additionally noticed Ethereum fall by way of the 23.6% FIB of $3,369 earlier than a transfer again by way of to $3,400 ranges.

On the time of writing, Ethereum was down by 0.42% to $3,375.78. A blended begin to the day noticed Ethereum rise to an early morning excessive $3,403.64 earlier than falling to a low $3,371.00.

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

For the day forward

Ethereum would want to maneuver by way of the $3,448 pivot to convey the primary main resistance degree at $3,547 into play.

Help from the broader market can be wanted, nonetheless, for Ethereum to interrupt again by way of to $3,500 ranges.

Barring an prolonged crypto rally, the primary main resistance degree and Friday’s excessive $3,595.00 would doubtless cap the upside.

Within the occasion of a broad-based crypto rally, Ethereum may take a look at resistance at $3,800 earlier than any pullback. The second main resistance degree sits at $3,693.

Failure to maneuver by way of the $3,448 pivot would convey the 23.6% FIB of $3,369 and the primary main assist degree at $3,302 into play.

Barring an prolonged sell-off, nonetheless, Ethereum ought to avoid sub-$3,200 ranges. The second main assist degree at $3,203 ought to restrict the draw back.

Wanting on the Technical Indicators

First Main Help Degree: $3,302

Pivot Degree: $3,448

First Main Resistance Degree: $3,547

23.6% FIB Retracement Degree: $3,369

38.2% FIB Retracement Degree: $2,740

62% FIB Retracement Degree: $1,725

Litecoin

Litecoin fell by 2.88% on Friday. Following a 2.08% decline on Thursday, Litecoin ended the day at $180.00.

A blended begin to the day noticed Litecoin rise to a late morning intraday excessive $190.53 earlier than hitting reverse.

Falling in need of the primary main resistance degree at $193, Litecoin slid to a late intraday low $177.66.

The reversal noticed Litecoin fall by way of the primary main assist degree at $179.

Discovering assist on the 23.6% FIB of $178, nonetheless, Litecoin broke again by way of the primary main assist degree to finish the day at $180 ranges.

On the time of writing, Litecoin was down by 0.04% to $179.93. A blended begin to the day noticed Litecoin rise to an early morning excessive $180.12 earlier than falling to a low $178.57.

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

For the day forward

Litecoin would want to maneuver by way of the $183 pivot to convey the primary main resistance degree at $188 into play.

Help from the broader market can be wanted, nonetheless, for Litecoin to interrupt again by way of to $185 ranges.

Barring an prolonged crypto rally, the primary main resistance degree and Friday’s excessive $190.53 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 degree sits at $196.

Failure to maneuver by way of the $183 pivot would convey the 23.6% FIB and the primary main assist degree at $175 into play.

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

Wanting on the Technical Indicators

First Main Help Degree: $175

Pivot Degree: $183

First Main Resistance Degree: $188

23.6% FIB Retracement Degree: $178

38.2% FIB Retracement Degree: $223

62% FIB Retracement Degree: $296

Ripple’s XRP

Ripple’s XRP fell by 2.35% on Friday. Following a 2.71% loss on Thursday, Ripple’s XRP ended the day at $1.06436.

A blended begin to the day noticed Ripple’s XRP rise to an early morning intraday excessive $1.10294 earlier than hitting reverse.

Falling in need of the primary main resistance degree at $1.1258, Ripple’s XRP slid to a mid-day intraday low $1.05210.

Ripple’s XRP fell by way of the 38.2% FIB of $1.0659 and the primary main assist degree at $1.0612.

Discovering assist early afternoon assist, Ripple’s XRP revisited $1.07 ranges earlier than a 2nd sell-off.

Ripple’s XRP fell again by way of the 38.2% FIB of $1.0659 and the primary main assist degree at $1.0612 earlier than a partial restoration to $1.064 ranges.

On the time of writing, Ripple’s XRP was up by 0.26% to $1.06717. A blended begin to the day noticed Ripple’s XRP fall to an early morning low $1.05923 earlier than rising to a excessive $1.06717.

Whereas leaving the main assist and resistance ranges untested, Ripple’s XRP broke again by way of the 38.2% FIB of $1.0659.

For the day forward

Ripple’s XRP would want to maneuver by way of the $1.0731 pivot to convey first main resistance degree at $1.0942 into play.

Help from the broader market can be wanted, nonetheless, for Ripple’s XRP to interrupt again by way of to $1.09 ranges.

Barring an prolonged crypto rally, the primary main resistance degree and Friday’s excessive $1.10294 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 degree sits at $1.1240.

Failure to maneuver by way of the $1.0731 pivot would convey the 38.2% FIB of $1.0659 and the primary main assist degree at $1.0433 into play.

Barring one other prolonged sell-off, nonetheless, Ripple’s XRP ought to avoid sub-$1.00 ranges. The second main assist degree at $1.0223 ought to restrict the draw back.

Wanting on the Technical Indicators

First Main Help Degree: $1.

Pivot Degree: $1.

First Main resistance Degree: $1.

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

Extra From FXEMPIRE:


Source link

Comments are closed.

Check Also

Why HODL For 48 Hours? Because Your Altcoin Wallet Will Thank You

It might sound that the volatility of digital belongings’ costs and the lightning pace wit…