EOS, Ethereum and Ripple’s XRP

For the day ahead

Ethereum would need to avoid sub-$201 levels to bring the first major resistance level at $205.08 into play.

Support from the broader market would be needed, however, for Ethereum to break out from the morning high $202.44.

Barring an extended crypto rally, the first major resistance level would likely limit any upside.

Failure to avoid sub-$201 levels could see Ethereum slide into the red.

A fall through the morning low $200.76 levels would bring the first major support level at $196.70 into play.

Barring an extended crypto sell-off, however, Ethereum should steer well clear of the second major support level at $192.48.

Looking at the Technical Indicators

Major Support Level: $196.70

Major Resistance Level: $205.08

23.6% FIB Retracement Level: $257

38.2% FIB Retracement Level: $367

62% FIB Retracement Level: $543

Ripple’s XRP

Ripple’s XRP fell by 1.20% on Tuesday. Partially reversing a 1.90% gain from Monday, Ripple’s XRP ended the day at $0.19359.

A bullish start to the day saw Ripple’s XRP rise to an early morning intraday high $0.19680 before hitting reverse.

Falling short of the first major resistance level at $0.1991, Ripple’s XRP slid to a late afternoon intraday low $0.19142.

Steering clear of the first major support level at $0.1912, Ripple’s XRP recovered to $0.1950 levels before easing back.

At the time of writing, Ripple’s XRP was up by 0.70% to $0.19495. A bullish start to the day saw Ripple’s XRP rise from an early morning low $0.19385 to a high $0.19510.

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