xrp crypto stock

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – April 15th, 2021

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – April 15th, 2021
Written by publisher team

for the next day

Litecoin will need to avoid falling through the $273 pivot level to support the run at the first major resistance level at $289.

However, support from the broader market will be needed to get Litecoin out of Wednesday’s swing high of $283.20.

Barring an extended rally for the cryptocurrency, the first major resistance and resistance level at $290 is likely to cap an uptrend.

In the event of an extended rally, Litecoin could test the second major resistance at $300.

A failure to avoid a fall through the $273 pivot level will trigger the first major support level at $262.

Barring an extended sell off, Litecoin should completely move away from the second major support level at $245.

Looking at technical indicators

First Major Support Level: $262

Pivot level: $273

First major resistance level: $289

23.6% Fib Retracement Level: $222

38.2% Fib Retracement Level: $185

62% FIB Retracement Level: $124

Ripple XRP

XRP for Ripple is up 2.30% on Wednesday. After rising 22.24% on Tuesday, XRP finished the day at $1.83817.

A mixed start to the day saw XRP surge to an intraday high in the early morning and fresh swing up 1.96598 before bouncing back in the opposite direction.

After dropping below the first major resistance level at $1.9839, Ripple’s XRP slipped to an afternoon low of $1.5454.

Moving away from the first major support level at $1,5132, XRP recovered to end the day at $1.83 levels.

At the time of writing, Ripple XRP is down 0.84% ​​to $1.82,281. A mixed start to the day saw XRP surge to an early morning high of $1.88,353 before dropping to $1.82230.

Ripple’s XRP left key support and resistance levels untested early on.

About the author

publisher team