For the day ahead<\/p>\n
Ethereum would need to avoid a fall through the $235 pivot to support a run at the first major resistance level at $237.76.<\/p>\n
Support from the broader market would be needed, however, for Ethereum to break out from Saturdays high $236.97.<\/p>\n
Barring an extended crypto rally, the first major resistance level should cap any upside.<\/p>\n
Failure to avoid a fall through the $235 pivot would bring the first major support level at $233.03 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 $230.27 should limit any downside.<\/p>\n
First Major Support Level: $233.03<\/p>\n
Pivot Level: $235.00<\/p>\n
First Major Resistance Level: $237.76<\/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 rallied by 2.94% on Saturday. Following a 0.03% loss on Friday, Ripples XRP ended the day at $0.20019.<\/p>\n
It was a relatively bearish start to the day. Ripples XRP fell to an early morning intraday low $0.19413 before making a move.<\/p>\n
Steering clear of the first major support level at $0.1913, Ripples XRP struck a late afternoon intraday high $0.20232.<\/p>\n
Ripples XRP broke through the first major resistance level at $0.1982 and the second major resistance level at $0.2018.<\/p>\n
A late pullback saw Ripples XRP fall back to $0.19960 levels before wrapping up the day at $0.20 levels.<\/p>\n
At the time of writing, Ripples XRP was up by 0.63% to $0.20145. A mixed start to the day saw Ripples XRP fall to an early morning low $0.19988 before striking a high $0.20150.<\/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 19th, 2020 - FX Empire<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" For the day ahead Ethereum would need to avoid a fall through the $235 pivot to support a run at the first major resistance level at $237.76. Support from the broader market would be needed, however, for Ethereum to break out from Saturdays high $236.97. Continue reading