Wednesday, March 3, 2021
CryptoExBulletin
No Result
View All Result
  • Home
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Litecoin
  • Videos
CRYPTOXBULLETIN
No Result
View All Result
Home Ripple

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 18th, 2020

by CryptoExBulletin
in Ripple
0
Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 18th, 2020
9
SHARES
233
VIEWS
Share on FacebookShare on Twitter


For the day forward

Litecoin would want to maneuver again by way of the $100.54 pivot to assist a run on the first main resistance degree at $110.63.

Help from the broader market could be wanted, nevertheless, for Litecoin to interrupt again by way of to $110 ranges.

Barring an prolonged crypto rally, the primary main resistance degree and Thursday’s excessive $110.00 would probably cap any upside.

Within the occasion of one other prolonged breakout, Litecoin might resistance at $120 earlier than any pullback. The second main resistance degree sits at $120.10.

Litecoin would want to carry above the 62% FIB on the day to affirm the formation of a near-term bullish pattern.

Failure to maneuver again by way of the $100.54 pivot degree would deliver the 62% FIB and the primary main assist degree at $91.07 into play.

Barring an prolonged sell-off on the day, nevertheless, Litecoin ought to keep away from sub-$90 assist ranges. The second main assist degree sits at $80.98.

Wanting on the Technical Indicators

First Main Help Degree: $91.07

Pivot Degree: $100.54

First Main Resistance Degree: $110.63

23.6% FIB Retracement Degree: $45.30

38.2% FIB Retracement Degree: $71

62% FIB Retracement Degree: $100

Ripple’s XRP

Ripple’s XRP rose by 1.49% on Thursday. Following a 21.67% breakout on Wednesday, Ripple’s XRP ended the day at $0.57848.

Monitoring the broader market, Ripple’s XRP fell to an early morning intraday low $0.54017 earlier than making a transfer.

Steering away from the primary main assist degree at $0.4799, Ripple’s XRP rallied to a late afternoon intraday excessive $0.6590.

Ripple’s XRP broke by way of the primary main resistance degree at $0.6176 and the 23.6% FIB of $0.6274.

Falling wanting the second main resistance degree at $0.6652, nevertheless, Ripple’s XRP fell again to $0.56 ranges earlier than steadying.

The pullback noticed Ripple’s XRP fall again by way of the 23.6% FIB and the primary main resistance degree to restrict the upside on the day.

On the time of writing, Ripple’s XRP was down by 3.53% to $0.55807. A blended begin to the day noticed Ripple’s XRP rise to an early morning excessive $0.57881 earlier than sliding to a low $0.55700.

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



Source link

Tags: 18thAnalysisDailyDecemberEthereumLitecoinripplesTechXRP

Recent News

Ezért zuhanunk? / Ethereum reform a tranzakciós díjakban / Csütörtökön találkozunk!

Ezért zuhanunk? / Ethereum reform a tranzakciós díjakban / Csütörtökön találkozunk!

Bitcoin Shakes Off Dollar Rebound But Beware Of Coming Bear Phase

Bitcoin Shakes Off Dollar Rebound But Beware Of Coming Bear Phase

Categories

  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • ICO
  • Litecoin
  • Ripple
  • Uncategorized
  • Videos

Follow Us

Contact Us

  • Contact Us
  • Privacy & Policy
  • Advertise With Us

© 2020 Crypto x Bulletin

No Result
View All Result
  • Home
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Litecoin
  • Videos

© 2020 Crypto x Bulletin