For the day ahead<\/p>\n
Ethereum would need to avoid a fall through the $241 pivot to support a run at the first major resistance level at $245.64.<\/p>\n
Support from the broader market would be needed, however, for Ethereum to break out from Sundays high $243.9.<\/p>\n
Barring another extended crypto rally, the first major resistance level and Sundays high $243.90 should cap any upside.<\/p>\n
Failure to avoid a fall through the $241 pivot would bring the first major support level at $238.25 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 $233.68 should limit any downside.<\/p>\n
Major Support Level: $238.25<\/p>\n
Pivot Level: $241<\/p>\n
Major Resistance Level: $245.64<\/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 rose by 0.18% on Sunday. Following on from a 0.86% gain from Saturday, Ripples XRP ended the week up by 13.79% to $0.20162.<\/p>\n
A mixed start to the day saw Ripples XRP rise to an early morning high $0.20340 before falling to a mid-morning low $0.19987.<\/p>\n
Steering clear of the major resistance and support levels, Ripples XRP rallied to an early afternoon intraday high $0.20447.<\/p>\n
Falling short of the first major resistance level at $0.2048, Ripples XRP tumbled to an early afternoon low $0.19805.<\/p>\n
Finding support at the first major support level at $0.1979, Ripples XRP moved back through to $0.199 levels.<\/p>\n
Late in the day, however, Ripples XRP slipped back to an intraday low $0.19792. Finding support at the first major support level at $0.1979, Ripples XRP wrapped up the day at $0.20 levels.<\/p>\n
At the time of writing, Ripples XRP was down by 0.12% to $0.20138. A mixed start to the day saw Ripples XRP rise to an early morning high $0.20210 before falling to a low $0.20103.<\/p>\n
Ripples XRP left the major support and resistance levels untested early on.<\/p>\n
<\/p>\n
Continue reading here:<\/p>\n
EOS, Ethereum and Ripple's XRP Daily Tech Analysis July 13th, 2020 - FX Empire<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" For the day ahead Ethereum would need to avoid a fall through the $241 pivot to support a run at the first major resistance level at $245.64. Support from the broader market would be needed, however, for Ethereum to break out from Sundays high $243.9. Continue reading