Litecoin price – Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – February 19th, 2021 | Fintech Zoom

For the day forward

Litecoin would want to maneuver by means of the $228.82 pivot degree to assist a run on the first main resistance degree at $236.94.

Assist from the broader market can be wanted, nevertheless, for Litecoin to interrupt out from $235 ranges.

Barring an prolonged crypto rally, the primary main resistance degree and Thursday’s new swing hello $239.11 would probably cap any upside.

Within the occasion of an prolonged breakout, Litecoin may take a look at resistance at $250 earlier than any pullback. The second main resistance degree sits at $247.23.

Failure to maneuver by means of the $228.82 pivot degree would deliver the primary main assist degree at $218.53 into play.

Barring an prolonged sell-off, Litecoin ought to keep away from the second main assist degree at $210.41.

Wanting on the Technical Indicators

First Main Assist Degree: $218.53

Pivot Degree: $228.82

First Main Resistance Degree: $236.94

23.6% FIB Retracement Degree: $189

38.2% FIB Retracement Degree: $157

62% FIB Retracement Degree: $107

Ripple’s XRP fell by 0.54% on Thursday. Following a 2.60% achieve from Wednesday, Ripple’s XRP ended the day at $0.53199.

A bullish begin to the day noticed Ripple’s XRP rise to a mid-morning intraday excessive $0.55990 earlier than hitting reverse.

Falling wanting the primary main resistance degree at $0.5627, Ripple’s XRP slid to a mid-day intraday low $0.51955.

Whereas steering away from the primary majors assist degree at $0.4993, Ripple’s XRP fell by means of the 23.6% FIB of $0.5320.

Discovering late assist, Ripple’s XRP broke again by means of the 23.6% FIB of $0.5320 to revisit $0.54 ranges. A bearish finish to the day, nevertheless, noticed Ripple’s XRP fall again to sub-$0.5320 ranges and into the purple

On the time of writing, Ripple’s XRP was down by 0.13% to $0.53131. A blended begin to the day noticed Ripple’s XRP rise to an early morning excessive $0.53587 earlier than falling to a low $0.5300.

Whereas leaving the most important assist and resistance ranges untested early on, Ripple’s XRP briefly broke by means of the 23.6% FIB of $0.5320.