Ethereum price Today – Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – February 17th, 2021 | Fintech Zoom

For the day forward

Litecoin would wish to keep away from a fall by way of the $210.77 pivot stage to assist a run on the first main resistance stage at $221.35.

Help from the broader market could be wanted, nevertheless, for Litecoin to interrupt again by way of to $220 ranges.

Barring an prolonged crypto rally, the primary main resistance stage and Tuesday’s excessive $221.95 would doubtless cap any upside.

Within the occasion of an prolonged breakout, Litecoin might check resistance on the swing hello $230.81 and the second main resistance stage at $232.54.

Failure to keep away from a fall by way of the $210.77 pivot stage would deliver the primary main assist stage at $199.58 into play.

Barring an prolonged sell-off, Litecoin ought to avoid sub-$190 and the second main assist stage at $189.00.

Wanting on the Technical Indicators

First Main Help Degree: $199.58

Pivot Degree: $210.77

First Main Resistance Degree: $221.35

23.6% FIB Retracement Degree: $182

38.2% FIB Retracement Degree: $152

62% FIB Retracement Degree: $104

Ripple’s XRP

Ripple’s XRP fell by 5.35% on Tuesday. Following on from a 7.42% slide on Monday, Ripple’s XRP ended the day at $0.51985.

A combined begin to the day noticed Ripple’s XRP rise to an early morning intraday excessive $0.58012 earlier than hitting reverse.

Falling wanting the primary main resistance stage at $0.5987, Ripple’s XRP tumbled to a late intraday low $0.48201.

Ripple’s XRP fell by way of the primary main assist stage at $0.5054 to go to sub-$0.50 ranges for the primary time since Thursday.

The sell-off additionally noticed Ripple’s XRP fall by way of the 23.6% FIB of $0.5320.

Discovering late assist, nevertheless, Ripple’s XRP broke again by way of the primary main assist stage to finish the day at $0.519 ranges.

On the time of writing, Ripple’s XRP was up by 1.38% to $0.52700. A bullish begin to the day noticed Ripple’s XRP rise from an early morning low $0.52017 to a excessive $0.52700.

Ripple’s XRP left the main assist and resistance ranges untested early on.