Ethereum<\/p>\n
Ethereum slid by 3.69% on Tuesday. Reversing a 0.37% gain from Monday, Ethereum ended the day at $340.78.<\/p>\n
A bullish start to the day saw Ethereum rise to an early morning intraday high $355.33 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $357.00, Ethereum slid to a late intraday low $336.73.<\/p>\n
Ethereum fell through the days major support levels before a move back through to $340 levels. The partial recovery saw Ethereum break back through the third major support level at $337.99.<\/p>\n
At the time of writing, Ethereum was down by 0.36% to $339.55. A bearish start to the day saw Ethereum fall from an early morning high $340.86 to a low $339.54.<\/p>\n
Ethereum left the major support and resistance levels untested early on.<\/p>\n
Ethereum would need to move through the $344.28 pivot to support another run at the first major resistance level at $351.83.<\/p>\n
Support from the broader market would be needed, however, for Ethereum to break back through to $350 levels.<\/p>\n
Barring an extended crypto rally, the first major resistance level would likely cap any upside.<\/p>\n
Failure to move through the $344.28 pivot would bring the first major support level at $333.23 into play.<\/p>\n
Barring another extended sell-off, however, Ethereum should avoid sub-$330 levels. The second major support level sits at $325.68.<\/p>\n
First Major Support Level: $333.23<\/p>\n
Pivot Level: $344.28<\/p>\n
First Major Resistance Level: $351.83<\/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
Litecoin fell by 0.73% on Tuesday. Following on from a 0.77% decline on Monday, Litecoin ended the day at $46.01.<\/p>\n
It was a mixed start to the day. Litecoin rose to a late morning high $46.85 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $47.11, Litecoin slid to a mid-afternoon intraday low $45.55.<\/p>\n
Finding support at the first major support level at $45.57, Litecoin rallied to a late afternoon intraday high $48.22.<\/p>\n
Story continues<\/p>\n
Litecoin broke through the first major resistance level at $47.11 and the second major resistance level at $47.87.<\/p>\n
A late sell-off, however, saw Litecoin revisit sub-$46 levels before wrapping up the day at $46 levels. The first major support level limited the downside late in the day.<\/p>\n
At the time of writing, Litecoin was down by 0.48% to $45.79. A bearish start to the day saw Litecoin fall from an early morning high $46.02 to a low $45.77.<\/p>\n
Litecoin left the major support and resistance levels untested early on.<\/p>\n
Litecoin would need to move through the $46.59 pivot to support a run at the first major resistance level at $47.64.<\/p>\n
Support from the broader market would be needed, however, for Litecoin to break back through to $47 levels.<\/p>\n
Barring an extended crypto rally, the first major resistance level would likely cap any upside.<\/p>\n
In the event of another breakout, Litecoin could re-test resistance at $48 before any pullback. The second major resistance level sits at $49.26.<\/p>\n
Failure to move through the $46.59 pivot level would bring the first major support level at $44.97 into play.<\/p>\n
Barring another extended sell-off on the day, however, Litecoin should steer clear of sub-$43 levels. The second major support level at $43.92 should limit any downside.<\/p>\n
First Major Support Level: $44.97<\/p>\n
Pivot Level: $46.59<\/p>\n
First Major Resistance Level: $47.64<\/p>\n
23.6% FIB Retracement Level: $45.30<\/p>\n
38.2% FIB Retracement Level: $71<\/p>\n
62% FIB Retracement Level: $100<\/p>\n
Ripples XRP fell by 2.12% on Tuesday. Reversing a 1.07% gain from Monday, Ripples XRP ended the day at $0.24565.<\/p>\n
It was a bullish start to the day. Ripples XRP rallied to an early morning intraday high $0.25929 before hitting reverse.<\/p>\n
Ripples XRP broke through the first major resistance level at $0.2545 and the second major resistance level at $0.2584.<\/p>\n
Coming up against resistance at $0.26, Ripples XRP slid to a late intraday low $0.24050.<\/p>\n
Ripples XRP fell through the first major support level at $0.2466 and the second major support level at $0.2426.<\/p>\n
Finding late support, Ripples XRP broke back through the second major support level to end the day at $0.2450 levels.<\/p>\n
At the time of writing, Ripples XRP was down by 0.29% to $0.24493. A bearish start to the day saw Ripples XRP fall from an early morning high $0.24560 to a low $0.24488.<\/p>\n
Ripples XRP left the major support and resistance levels untested early on.<\/p>\n
Ripples XRP will need to move through the $0.2485 pivot to support a run at the first major resistance level at $0.2565.<\/p>\n
Support from the broader market would be needed, however, for Ripples XRP to break out from $0.2500.<\/p>\n
Barring an extended crypto rally, the first major resistance level would likely cap any upside.<\/p>\n
In the event of an extended rally, Ripples XRP could re-test resistance at $0.26 before any pullback. The second major resistance level sits at $0.2673.<\/p>\n
Failure to move through the $0.2485 pivot would bring the first major support level at $0.2377 into play.<\/p>\n
Barring another extended crypto sell-off, Ripples XRP should steer clear of sub-$0.23 levels. The second major support level sits at $0.2297.<\/p>\n
First Major Support Level: $0.2377<\/p>\n
Pivot Level: $0.2485<\/p>\n
First Major Resistance Level: $0.2565<\/p>\n
23.6% FIB Retracement Level: $0.3638<\/p>\n
38.2% FIB Retracement Level: $0.4800<\/p>\n
62% FIB Retracement Level: $0.6678<\/p>\n
Please let us know what you think in the comments below.<\/p>\n
Thanks, Bob<\/p>\n
This article was originally posted on FX Empire<\/p>\n
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Read more: <\/p>\n
Ethereum, Litecoin, and Ripples XRP Daily Tech Analysis October 7th, 2020 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Ethereum Ethereum slid by 3.69% on Tuesday. Continue reading