ether

Ethereum rose 3.37% on Friday. After gaining 3.59% on Thursday, Ethereum ended the day at $ 2,463.90.

A mixed start to the day resulted in Ethereum falling to a late morning intraday low of $ 2,317.51 ​​before making a move.

To bypass the first major support level at $ 2,301, Ethereum rebounded to a late intraday high of $ 2,472.18.

Ethereum broke the first major resistance level at $ 2,433 and ended the day at $ 2,470.

At the time of writing, Ethereum is down 0.63% to $ 2,448.28. After a mixed start to the day, Ethereum rose to an early morning high of $ 2,468.76 before falling to a low of $ 2,443.35.

Ethereum left key support and resistance levels untested early on.

For the coming day

Ethereum would have to avoid the $ 2,418 pivot to bring into play the first major resistance level at $ 2,518.

However, for Ethereum to break out of Friday’s high of $ 2,472.18, it would need support from the broader market.

Aside from an extended crypto rally, the first major resistance level would likely limit any uptrend.

In the event of another large-scale crypto rally, Ethereum could resist a pullback at $ 2,650. The second major resistance level is at $ 2,573.

A fall through the $ 2,418 pivot would bring the first major support level into play at $ 2,364.

However, apart from an extended sell-off, Ethereum should continue to steer clear of levels below USD 2,200. The second major support level at $ 2,263 should limit the downside.

Look at the technical indicators

First major support level: $ 2,364

Pivot level: $ 2,418

First major resistance level: $ 2,518

23.6% FIB retracement level: $ 3,369

38.2% FIB retracement level: $ 2,740

62% FIB retracement level: $ 1,725

Litecoin

Litecoin rose 2.86% on Friday. After gaining 0.74% on Thursday, Litecoin ended the day at $ 145.62.

A mixed start to the day caused Litecoin to hit an intraday low of $ 135.92 in the late morning before moving.

Litecoin fell through the first major support level at $ 138 before rising to a final intraday high of $ 145.93.

The story goes on

Litecoin broke the first major resistance level at $ 144 and ended the day at $ 145.

At the time of writing, Litecoin is down 0.68% to $ 144.63. After a mixed start to the day, Litecoin rose to an early morning high of $ 145.84 before falling to a low of $ 144.50.

Litecoin left key support and resistance levels untested early on.

For the coming day

Litecoin would have to avoid the $ 143 pivot to bring into play the first major resistance level at $ 149.

However, for Litecoin to break out of Friday’s high at $ 145.93, it would require support from the broader market.

Aside from an extended crypto rally, the first major resistance level and resistance at $ 150 would likely limit any uptrend.

In the event of another prolonged breakout, Litecoin could test the resistance at $ 155. The second major resistance level is at $ 153.

A fall through the $ 143 pivot would bring the first major support level into play at $ 139.

However, apart from a lengthy sell-off, Litecoin should continue to stay away from below $ 135. The second major level of support is at $ 133.

Look at the technical indicators

First major support level: $ 139

Pivot level: $ 143

First major resistance level: $ 149

23.6% FIB retracement level: $ 178

38.2% FIB retracement level: $ 223

62% FIB retracement level: $ 296

Ripple’s XRP

Ripple’s XRP rose 0.38% on Friday. After gaining 2.39% Thursday, Ripple’s XRP ended the day at $ 0.75282.

After a mixed start to the day, Ripple’s XRP fell to a late morning intraday low of $ 0.71252 before moving.

To bypass the first major support level at $ 0.7102, Ripple’s XRP rebounded to a late intraday high of $ 0.76948.

Ripple’s XRP fell below the first major resistance level of $ 0.7778 and ended the day below $ 0.76.

At the time of writing, Ripple’s XRP is down 0.62% to $ 0.74818. A bearish start to the day caused Ripple’s XRP to drop from an early morning high of $ 0.75311 to a low of $ 0.74818.

Ripple’s XRP left key support and resistance levels untested early on.

For the coming day

Ripple’s XRP needs to avoid the $ 0.7449 pivot to bring the first major resistance level into play at $ 0.7774.

However, support from the broader market would be required for Ripple’s XRP to break out of Friday’s high at $ 0.76948.

Aside from an extended crypto rally, the first major resistance level would likely limit any uptrend.

In the event of another breakout, Ripple’s XRP could test resistance at $ 0.80 before pulling back. The second major resistance level is at $ 0.8019.

Falling through the $ 0.7449 pivot would bring the first major support level into play at $ 0.7204.

However, aside from a lengthy sell-off, Ripple’s XRP should stay away from below $ 0.70 levels. The second major level of support is at $ 0.6880.

Look at the technical indicators

First major support level: $ 0.7204

Pivot Level: $ 0.7449

First major resistance level: $ 0.7774

23.6% FIB Retracement Level: $ 0.8533

38.2% FIB Retracement Level: $ 1.0659

62% FIB Retracement Level: $ 1.4096

Please let us know what you think in the comments below.

Thanks, Bob

This article was originally published on FX Empire

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