For the day ahead<\/p>\n
Ethereum would need to move through the $240.60 pivot to support a run at the first major resistance level at $244.22.<\/p>\n
Support from the broader market would be needed, however, for Ethereum to break back through to $244 levels.<\/p>\n
Barring another extended crypto rally, the first major resistance level and Mondays high $245.37 should cap any upside.<\/p>\n
Failure to move through the $240.60 pivot would bring the first major support level at $235.82 into play.<\/p>\n
Barring another extended sell-off, Ethereum should continue to steer clear of sub-$230 levels. The second major support level at $232.19 should limit any downside.<\/p>\n
Major Support Level: $235.82<\/p>\n
Pivot Level: $240.59<\/p>\n
Major Resistance Level: $244.22<\/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 1.31% on Monday. Reversing a 0.18% gain from Sunday, Ripples XRP ended the day at $0.19889.<\/p>\n
Tracking the broader market, Ripples XRP rose to a mid-day intraday high $0.20698 before hitting reverse.<\/p>\n
Ripples XRP broke through the first major resistance level at $0.2047 before sliding to a late intraday low $0.19246.<\/p>\n
Ripples XRP fell through the first major support level at $0.1983 and the second major support level at $0.1950.<\/p>\n
Finding late support, Ripples XRP broke back through the major support levels.<\/p>\n
At the time of writing, Ripples XRP was down by 0.54% to $0.19782. A bearish start to the day saw Ripples XRP fall from an early morning high $0.19877 to a low $0.19778.<\/p>\n
Ripples XRP left the major support and resistance levels untested early on.<\/p>\n
<\/p>\n
Excerpt from:<\/p>\n
EOS, Ethereum and Ripple's XRP Daily Tech Analysis July 14th, 2020 - FX Empire<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" For the day ahead Ethereum would need to move through the $240.60 pivot to support a run at the first major resistance level at $244.22. Support from the broader market would be needed, however, for Ethereum to break back through to $244 levels Continue reading