For the day ahead<\/p>\n
Ethereum would need to move through to $244.30 levels to support a run at the first major resistance level at $249.71.<\/p>\n
Support from the broader market would be needed, however, for Ethereum to break back through to $249 levels.<\/p>\n
Barring an extended crypto rally, the first major resistance level and Tuesdays high $249.99 should cap any upside.<\/p>\n
Failure to move through to $244.30 levels could see Ethereum see spend another day in the red.<\/p>\n
A fall back through to sub-$240 levels would bring the first major support level at $238.63 into play.<\/p>\n
Barring another extended crypto sell-off, however, Ethereum should steer well clear of the second major support level at $233.23.<\/p>\n
Major Support Level: $238.63<\/p>\n
Major Resistance Level: $249.71<\/p>\n
23.6% FIB Retracement Level: $257<\/p>\n
38.2% FIB Retracement Level: $367<\/p>\n
62% FIB Retracement Level: $543<\/p>\n
Ripples XRP fell by 1.49% on Tuesday. Reversing a 0.44% gain from Monday, Ripples XRP ended the day at $0.20120.<\/p>\n
It was also a choppy start to the day for Ripples XRP. Within the 1st hour, Ripples XRP rose to an early morning high $0.20541 before hitting reverse.<\/p>\n
Coming up against the first major resistance level at $0.2056, Ripples XRP slid to an intraday low $0.19979.<\/p>\n
The sell-off saw Ripples XRP fall through the first major support level at $0.2022 and the second major support level at $0.2001.<\/p>\n
Ripples XRP recovered to $0.2035 levels before taking a 2nd hit in the afternoon. Ripples XRP slid back through the first major support level to a low $0.20016 before finding support.<\/p>\n
A return to $0.2023 levels was brief, however. A bearish end saw Ripples XRP fall back through the first major support level in the final hour.<\/p>\n
At the time of writing, Ripples XRP was down by $0.10% to $0.20100. A bearish start to the day saw Ripples XRP fall from an early morning high $0.20120 to a low $0.20099.<\/p>\n
Ripples XRP left the major support and resistance levels untested early on.<\/p>\n
<\/p>\n
Read the original here: <\/p>\n
EOS, Ethereum and Ripple's XRP - Daily Tech Analysis June 10th, 2020 - FX Empire<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" For the day ahead Ethereum would need to move through to $244.30 levels to support a run at the first major resistance level at $249.71. Support from the broader market would be needed, however, for Ethereum to break back through to $249 levels Continue reading