• Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining
Monday, September 25, 2023
  • Login
  • Register
Coin24h.com
  • Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining
No Result
View All Result
  • Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining
No Result
View All Result
Coin24h.com
No Result
View All Result
Ledger Nano X - The secure hardware wallet
ADVERTISEMENT

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – January 16th, 2021

16 January 2021
in XRP
Reading Time: 5 mins read
A A
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
cryptotrader
ADVERTISEMENT


Cryptohopper
ADVERTISEMENT

Ethereum

Ethereum slid by 5.16% on Friday. Partially reversing an 8.89% rally from Thursday, Ethereum ended the day at $1,168.1.

A bullish start to the day saw Ethereum rise to an early morning intraday high $1,255.59 before hitting reverse.

Falling short of the first major resistance level at $1,290, Ethereum slid to a late afternoon intraday low $1,065.0.

The reversal saw Ethereum fall through the first major support level at $1,130, briefly revisiting $1,175 levels.

At the time of writing, Ethereum was up by 2.01% to $1,191.62. A mixed start to the day saw Ethereum fall to an early morning low $1,168.29 before rising to a high $1,195.51.

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

For the day ahead

Ethereum would need to avoid a fall through the pivot level at $1,163 to support a run at the first major resistance level at $1,261.

Support from the broader market would be needed, however, for Ethereum to break out from Friday’s high $1,255.59.

Barring an extended crypto rally, the first major resistance level and resistance $1,300 would likely cap any upside.

In the event of an extended crypto rally, Ethereum could test resistance at $1,400 before any pullback. The second major resistance level sits at $1,354.

Failure to avoid a fall through the $1,163 pivot would bring the first major support level at $1,070 into play.

Barring another extended sell-off, however, Ethereum should steer clear of the second major support level at $972.31. The 23.6% FIB of $1,051 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $1,070

Pivot Level: $1,163

First Major Resistance Level: $1,261

23.6% FIB Retracement Level: $1,051

38.2% FIB Retracement Level: $866

62% FIB Retracement Level: $566

Litecoin

Litecoin slid by 5.74% on Friday. Reversing a 3.27% gain from Thursday, Litecoin ended the day at $143.63.

A mixed start to the day saw Litecoin rise to an early morning intraday high $155.30 before hitting reverse.

Falling short of the first major resistance level at $158.4, Litecoin slid to a late afternoon intraday low $130.29.

Litecoin fell through the first major support level at $144.9 and the second major support level at $137.4.

Steering clear of the 38.2% FIB of $125, Litecoin broke back through the second major support level to end the day at $143 levels.

The first major support level at $144.9 pinned Litecoin back late in the day.

At the time of writing, Litecoin was up by 1.23% to $145.39. A mixed start to the day saw Litecoin fall to an early morning low $143.54 before rising to a high $145.75.

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

For the day ahead

Litecoin would need to avoid a fall through the $143.1 pivot level to support a run at the 23.6% FIB of $148 and the first major resistance level at $155.9.

Support from the broader market would be needed, however, for Litecoin to break out from Friday’s high $155.30.

Barring an extended crypto rally, the first major resistance level and resistance at $160 would likely cap any upside.

In the event of an extended breakout, Litecoin could test resistance at $170. The second major resistance level at $168.1.

Failure to avoid a fall through the $143.1 pivot level would bring the first major support level at $138.9 into play.

Barring another extended sell-off, Litecoin should avoid the second major support level at $118.1. The 23.6% FIB of $125 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $130.9

Pivot Level: $143.1

First Major Resistance Level: $155.9

23.6% FIB Retracement Level: $148

38.2% FIB Retracement Level: $125

62% FIB Retracement Level: $87

Ripple’s XRP

Ripple’s XRP slid by 5.30% on Friday. Following on from a 3.29% decline on Thursday, Ripple’s XRP ended the day at $0.28058.

Tracking the broader market, Ripple’s XRP rose to an early morning intraday high $0.30323 before hitting reverse.

Falling short of the first major resistance level at $0.3088, Ripple’s XRP slid to a late afternoon intraday low $0.26186.

Ripple’s XRP fell through the first major support level at $0.2830 and the second major support level at $0.2702.

Finding late support, Ripple’s XRP broke back through the second major support level to end the day at $0.28 levels.

At the time of writing, Ripple’s XRP was up by 0.23% to $0.28123. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.27926 before rising to a high $0.28188.

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 $0.2819 pivot level to bring the first major resistance level at $0.3019 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.30 levels.

Barring another extended crypto rally, the first major resistance and Friday’s high $0.30323 would likely cap any upside.

In the event of another extended rally, Ripple’s XRP could test resistance at the 23.6% FIB of $0.3172 and resistance at $0.32 levels. The second major resistance sits at $0.3233.

Failure to move through the $0.2819 pivot would bring the first major support level at $0.2606 into play.

Barring another extended crypto sell-off, Ripple’s XRP should steer clear of the second major support level at $0.2405.

Looking at the Technical Indicators

First Major Support Level: $0.2606

Pivot Level: $0.2819

First Major Resistance Level: $0.3019

23.6% FIB Retracement Level: $0.6274

38.2% FIB Retracement Level: $0.5285

62% FIB Retracement Level: $0.3687

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

Thanks, Bob

This article was originally posted on FX Empire

More From FXEMPIRE:



Source link

Related articles

BNB’s Reign, $XRP’s Buzz, or Borroe.Finance’s ($ROE) Potential? The 2023 Crypto Face-off!

BNB’s Reign, $XRP’s Buzz, or Borroe.Finance’s ($ROE) Potential? The 2023 Crypto Face-off!

24 September 2023
Interest Shifts From Ripple ($XRP) Dip toBorroe.Finance ($ROE) Rise As Investors TargetLong Term Growth

Interest Shifts From Ripple ($XRP) Dip toBorroe.Finance ($ROE) Rise As Investors TargetLong Term Growth

24 September 2023
[crypto-donation-box]
Tags: 16thAnalysisDailyEthereumJanuaryLitecoinRipplesTechXRP
Share76Tweet47
Ledger Nano X - The secure hardware wallet
Previous Post

The Top 25 Cryptocurrencies to Know in 2021: BTC, ETH, XRP, XLM and More – Nasdaq

Next Post

XRP Falls 12% In Bearish Trade By Investing.com

Related Posts

BNB’s Reign, $XRP’s Buzz, or Borroe.Finance’s ($ROE) Potential? The 2023 Crypto Face-off!

BNB’s Reign, $XRP’s Buzz, or Borroe.Finance’s ($ROE) Potential? The 2023 Crypto Face-off!

24 September 2023
0

$BNB’s dominance is declining as Binance reduces its service offerings. Elsewhere, rumors say BlackRock might add $XRP to its digital...

Interest Shifts From Ripple ($XRP) Dip toBorroe.Finance ($ROE) Rise As Investors TargetLong Term Growth

Interest Shifts From Ripple ($XRP) Dip toBorroe.Finance ($ROE) Rise As Investors TargetLong Term Growth

24 September 2023
0

In the crypto space, resilience amid legal battles and innovative solutions to age-old problems are the hallmarks of promising projects....

XRP Ledger Gets Massive Update, $XRP Pinned Below $0.55 As $QUBE Bulls Aim for $1

XRP Ledger Gets Massive Update, $XRP Pinned Below $0.55 As $QUBE Bulls Aim for $1

24 September 2023
0

In the fast-paced world of investors and traders looking for the best cryptocurrency to invest in, developments and market movements...

Ripple Price Prediction: Here’s When XRP Price May Hit New All-Time High (ATH)

Ripple Price Prediction: Here’s When XRP Price May Hit New All-Time High (ATH)

24 September 2023
0

While Bitcoin and Ethereum grapple with price stabilization, Ripple’s XRP has emerged as a standout performer within the elite group,...

XRPL Developer Unveils Huge Vision for XRP Fiat Gateway

XRPL Developer Unveils Huge Vision for XRP Fiat Gateway

24 September 2023
0

Tomiwabold Olajide XRP adoption set to receive big boost as grand vision for fiat gateway is unveiled Read U.TODAY on...

Load More
Next Post

XRP Falls 12% In Bearish Trade By Investing.com

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

We publish a comprehensive news feed covering all news relevant to the crypto user, covering main industry news, politics and regulation as well as consumer-level “news you can use” (practical stuff), including handy DIY tips, links to useful tools, unbiased reviews and opinions revolving around cryptocurrency. Simple logic and real-world examples are preferred before technical jargon and personal rants.

Categories

  • Altcoin
  • ApeCoin
  • Bitcoin
  • Blockchain
  • BNB
  • Cardano
  • Cryptocurrency
  • DOGE
  • DOT
  • Ethereum
  • HBAR
  • Litecoin
  • Market
  • Meta News
  • Mining
  • NFT
  • QNT
  • Regulation
  • SHIBA
  • Solano
  • Tether
  • Uncategorized
  • XDC
  • XLM
  • XRP

What’s New Here!

  • Bitcoin Holds $26K Fort, Ethereum, Dogecoin Head Lower As Sharp Sell-Off Hits Equity Markets: Analyst Looks To ‘Uptober’ For Relief Rally
  • Is XRP Getting Squeezed? Price Remains Anemic
  • Solana’s #1 NFT Market Surpasses NFT Projects Running on Ethereum 

Newsletter

  • About Us
  • Privacy Policy
  • Contact Us

© 2022 coin24h.com

No Result
View All Result
  • Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining

© 2020 coin24h.com

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$26,171.00-1.54%
  • ethereumEthereum(ETH)$1,578.90-0.88%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$209.00-0.55%
  • rippleXRP(XRP)$0.50-1.05%
  • usd-coinUSDC(USDC)$1.000.00%
  • staked-etherLido Staked Ether(STETH)$1,579.41-0.89%
  • dogecoinDogecoin(DOGE)$0.060978-0.97%
  • cardanoCardano(ADA)$0.244409-0.32%
  • solanaSolana(SOL)$19.50-0.31%
  • ToncoinToncoin(TON)$2.22-3.26%
  • tronTRON(TRX)$0.0841330.49%
  • Wrapped stETHWrapped stETH(WSTETH)$1,864.880.36%
  • polkadotPolkadot(DOT)$4.00-0.46%
  • matic-networkPolygon(MATIC)$0.52-1.01%
  • litecoinLitecoin(LTC)$64.31-0.89%
  • shiba-inuShiba Inu(SHIB)$0.000007-0.52%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$26,173.00-1.66%
  • bitcoin-cashBitcoin Cash(BCH)$205.76-1.78%
  • chainlinkChainlink(LINK)$7.180.06%
  • daiDai(DAI)$1.000.01%
  • true-usdTrueUSD(TUSD)$1.00-0.02%
  • leo-tokenLEO Token(LEO)$3.75-2.28%
  • uniswapUniswap(UNI)$4.24-0.94%
  • stellarStellar(XLM)$0.112944-0.43%
  • avalanche-2Avalanche(AVAX)$8.80-1.42%
  • moneroMonero(XMR)$144.040.67%
  • okbOKB(OKB)$42.74-0.11%
  • binance-usdBinance USD(BUSD)$1.00-0.03%
  • ethereum-classicEthereum Classic(ETC)$15.18-0.66%
  • cosmosCosmos Hub(ATOM)$6.99-1.14%
  • hedera-hashgraphHedera(HBAR)$0.050050-1.85%
  • filecoinFilecoin(FIL)$3.22-0.70%
  • GGTKNGGTKN(GGTKN)$0.1121180.75%
  • crypto-com-chainCronos(CRO)$0.050543-1.48%
  • lido-daoLido DAO(LDO)$1.48-1.07%
  • internet-computerInternet Computer(ICP)$2.94-0.62%
  • quant-networkQuant(QNT)$88.68-2.37%
  • MantleMantle(MNT)$0.3966961.03%
  • AptosAptos(APT)$5.395.11%
  • vechainVeChain(VET)$0.016655-1.24%
  • makerMaker(MKR)$1,281.75-0.64%
  • nearNEAR Protocol(NEAR)$1.110.00%
  • ArbitrumArbitrum(ARB)$0.81-0.46%
  • optimismOptimism(OP)$1.27-1.37%
  • KaspaKaspa(KAS)$0.0484916.47%
  • EdgecoinEdgecoin(EDGT)$1.00-0.03%
  • Rocket Pool ETHRocket Pool ETH(RETH)$1,713.45-1.00%
  • BSCEXBSCEX(BSCX)$237.190.34%
  • aaveAave(AAVE)$62.08-1.31%