• Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
Newsletter
Crypto Hoarding
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
No Result
View All Result
Crypto Hoarding
No Result
View All Result
Home Ripple

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – June 12th, 2021 – Yahoo Finance

Admin by Admin
June 12, 2021
in Ripple
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Ethereum

Ethereum fell by 4.71% on Friday. Following on from a 5.35% decline on Thursday, Ethereum ended the day at $2,355.27.

A mixed start to the day saw Ethereum rise to an early morning intraday high $2,499.34 before hitting reverse.

Related articles

Ripple to Power Remittances Between Japan and Thailand via New Partnership – U.Today

August 16, 2022

Why all eyes are on Ripple’s XRP price this week – FXStreet

August 15, 2022

Falling short of the first major resistance level at $2,588, Ethereum slid to a late intraday low $2,322.16.

The reversal saw Ethereum fall through the first major support level at $2,392 before steadying to end the day at $2,350 levels.

At the time of writing, Ethereum was down by 0.32% to $2,347.83. A mixed start to the day saw Ethereum rise to an early morning high $2,359.53 before falling to a low $2,338.12.

Ethereum left the major support and resistance levels untested early on.

For the day ahead

Ethereum would need to move through the $2,392 pivot to bring the first major resistance level at $2,462 into play.

Support from the broader market would be needed, however, for Ethereum to break out from $2,450 levels.

Barring an extended crypto rally, the first major resistance level and Friday’s high $2,499.34 would likely cap any upside.

In the event of a broad-based crypto rally, Ethereum could test resistance at $2,600 before any pullback. The second major resistance level sits at $2,569.

Failure to move through the $2,392 pivot would bring the first major support level at $2,285 into play.

Barring another extended sell-off, however, Ethereum should steer clear of the second major support level at $2,215.

Looking at the Technical Indicators

First Major Support Level: $2,285

Pivot Level: $2,392

First Major Resistance Level: $2,462

23.6% FIB Retracement Level: $3,369

38.2% FIB Retracement Level: $2,740

62% FIB Retracement Level: $1,725

Litecoin

Litecoin fell by 3.23% on Friday. Following on from a 2.69% decline on Thursday, Litecoin ended the day at $162.90.

A mixed start to the day saw Litecoin rise to an early morning intraday high $173.76 before hitting reverse.

While falling short of the first major resistance level at $180, Litecoin tested resistance at the 62% FIB of $174.

The reversal saw Litecoin slide to a late intraday low $160.58.

Litecoin fell through the first major support level at $162 before ending the day at $162 levels.

At the time of writing, Litecoin was down by 1.09% to $161.12. A mixed start to the day saw Litecoin rise to an early morning high $163.04 before falling to a low $161.11.

Litecoin left the major support and resistance levels untested early on.

For the day ahead

Litecoin would need to move through the $166 pivot to bring the first major resistance level at $171 and the 62% FIB of $174 into play.

Support from the broader market would be needed, however, for Litecoin to break out from $165 levels.

Barring an extended crypto rally, the first major resistance level and the 62% FIB would likely cap any upside.

In the event of an extended breakout, Litecoin could test resistance at $190. The second major resistance level sits at $179.

Failure to move through the $166 pivot would bring the first major support level at $158 into play.

Barring another extended sell-off, however, Litecoin should steer clear of sub-$150 levels. The second major support level at $153 should limit the downside.

A sustained fall through the 62% FIB of $174 would form a near-term bearish trend from 10th May’s swing hi $413.91.

Looking at the Technical Indicators

First Major Support Level: $158

Pivot Level: $166

First Major Resistance Level: $171

23.6% FIB Retracement Level: $322

38.2% FIB Retracement Level: $265

62% FIB Retracement Level: $174

Ripple’s XRP

Ripple’s XRP fell by 2.85% on Friday. Following on from a 5.80% slide on Thursday, Ripple’s XRP ended the day at $0.84400.

After a mixed start to the day, Ripple’s XRP rose to an early afternoon intraday high $0.87937 before hitting reverse.

Falling short of the first major resistance level at $0.9149, Ripple’s XRP slid to a late intraday low $0.83459.

Ripple’s XRP fell through the 62% FIB of $0.8573 and the first major support level at $0.8374.

Finding late support, however, Ripple’s XRP broke back through the first major support level to end the day at $0.84 levels.

At the time of writing, Ripple’s XRP was down by 0.25% to 0.84188. A bearish start to the day saw Ripple’s XRP fall from an early morning high $0.84672 to a low $0.84188.

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

For the day ahead

Ripple’s XRP will need to move through the $0.8527 pivot and the 62% FIB of $0.8573 to bring the first major resistance level at $0.8707 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break out from the 62% FIB.

Barring an extended crypto rally, the first major resistance level and Friday’s high $0.87937 would likely cap any upside.

In the event of another extended rally, Ripple’s XRP could test resistance at $0.90. The second major resistance level sits at $0.8974.

Failure to move through the $0.8527 pivot and the 62% FIB would bring the first major support level at $0.8259 into play.

Barring another extended sell-off, however, Ripple’s XRP should steer clear of sub-$0.80 levels. The second major support level at $0.8079 should limit the downside.

A sustained fall through the 62% FIB of $0.8573 would form a near-term bearish trend from 14th April’s swing hi $1.96598.

Looking at the Technical Indicators

First Major Support Level: $0.8259

Pivot Level: $0.8527

First Major resistance Level: $0.8707

23.6% FIB Retracement Level: $1.5426

38.2% FIB Retracement Level: $1.2807

62% FIB Retracement Level: $0.8573

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

Thanks, Bob

This article was originally posted on FX Empire

More From FXEMPIRE:

Share76Tweet47

Related Posts

Ripple to Power Remittances Between Japan and Thailand via New Partnership – U.Today

by Admin
August 16, 2022
0

Ripple to Power Remittances Between Japan and Thailand via New Partnership  U.Today

Why all eyes are on Ripple’s XRP price this week – FXStreet

by Admin
August 15, 2022
0

Why all eyes are on Ripple’s XRP price this week  FXStreetRipple Price Analysis: After 2 Months of Sideways, Will XRP Finally...

Ripple Ex-Developer’s Remarks About XRP and Bitcoin – The Coin Republic

by Admin
August 15, 2022
0

Ripple Ex-Developer’s Remarks About XRP and Bitcoin  The Coin Republic

Ripple lawsuit: SEC receives another shock after latest court ruling – AMBCrypto News

by Admin
August 15, 2022
0

Ripple lawsuit: SEC receives another shock after latest court ruling  AMBCrypto NewsThree signs that XRP is a hot buy as Ripple...

Three signs that XRP is a hot buy as Ripple bags another win against SEC – FXStreet

by Admin
August 15, 2022
0

Three signs that XRP is a hot buy as Ripple bags another win against SEC  FXStreetRipple Lawsuit: SEC Receives Fresh Blow  CryptoPotatoRipple...

Load More
  • Trending
  • Comments
  • Latest
Major Changes Coming to XRP Ledger As Ripple-Backed Startup Launches Key Amendment in Beta Testnet – The Daily Hodl

Major Changes Coming to XRP Ledger As Ripple-Backed Startup Launches Key Amendment in Beta Testnet – The Daily Hodl

April 21, 2021

SteveWillDoIt reveals hacker stole his crypto wallet: “I lost a lot of money” – Dexerto

July 26, 2021
Forte’s PTI gets financial transaction licenses for blockchain games – VentureBeat

Forte’s PTI gets financial transaction licenses for blockchain games – VentureBeat

February 11, 2022

Blockchain Use in Supply Chain Leads to Greater Benefits – The National Law Review

August 25, 2021

Ripple to Power Remittances Between Japan and Thailand via New Partnership – U.Today

0

Rivals Ripple and R3 partner up | PaymentsSource – American Banker

0
Ripple seeks shelter in D.C. from Libra’s political storm – American Banker

Ripple seeks shelter in D.C. from Libra’s political storm – American Banker

0

Litecoin Gets Bullish Speculation, at Last, as Upgrade Approaches – Coindesk

0

Ripple to Power Remittances Between Japan and Thailand via New Partnership – U.Today

August 16, 2022

Philippines: Blockchain-based solution Twala receives P4.6M grant from DOST – CoinGeek

August 16, 2022

Ether (ETH) Token, Bitcoin (BTC) Drop With Ethereum (ETH) Upgrade Optimism – Bloomberg

August 15, 2022

10 blockchain startups to watch – VentureBeat

August 15, 2022
Crypto Hoarding

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Categories tes

  • Bitcoin
  • Blockchain
  • Cryptocurrency Hackers
  • Ethereum
  • Litecoin
  • Ripple

Newsletter

[mc4wp_form]

  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us

© 2017 JNews - Crafted with love by Jegtheme.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us

Copyright (c) 2021 - Crypto Hoarding - All Rights Reserved - web design by TechyRack