EOS, Ethereum and Ripple’s XRP

For the day ahead

Ethereum would need to avoid sub-$210 levels to bring the second major resistance level at $216.28 into play.

Support from the broader market would be needed, however, for Ethereum to break out from the morning high $211.82.

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

Failure to avoid sub-$210 levels could see Ethereum hit reverse.

A fall back through the morning low to sub-$205.40 levels would bring the first major support level at $200.77 into play.

Barring an extended crypto sell-off, however, Ethereum should steer clear of sub-$200 levels.

Looking at the Technical Indicators

Major Support Level: $200.77

Major Resistance Level: $211.67

23.6% FIB Retracement Level: $257

38.2% FIB Retracement Level: $367

62% FIB Retracement Level: $543

Ripple’s XRP

Ripple’s XRP rose by 0.79% on Sunday. Following on from a 0.81% gain on Saturday, Ripple’s XRP ended the week up by 2.07% to $0.20108.

It was a bullish end to the week. Ripple’s XRP rallied from an early morning intraday low $0.19882 to a mid-afternoon intraday high $0.20479.

Ripple’s XRP broke through the first major resistance level at $0.2024 to come within range of the second major resistance level at $0.20530.

A late afternoon pullback saw Ripple’s XRP fall to a low $0.20086 before finding support.

Ripple’s XRP fell back through the first major resistance level before finding support.

At the time of writing, Ripple’s XRP was up by 1.23% to $0.20356. A bullish start to the day saw Ripple’s XRP rise from an early morning low $0.20107 to a high $0.20371.

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