• rippleXRP$0.55-2.22%

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 21st, 2020 – FX Empire

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For the day ahead

Barring another extended sell-off on the day, however, Litecoin should steer well clear of the second major support level at .28.
Steering clear of the first major support level at First Major Resistance Level: .12
Barring an extended crypto rally, the first major resistance level and Tuesday’s high .46 would likely cap any upside.
38.2% FIB Retracement Level:
23.6% FIB Retracement Level: .30

Looking at the Technical Indicators

Litecoin would need to move through the .29 pivot to support a run at the first major resistance level at .12.
A bullish start to the day saw Ripple’s XRP rally to an early morning intraday high Pivot Level: .29
Support from the broader market would be needed, however, for Litecoin to break back through to levels.
A bearish end to the day, however, left Ripple’s XRP at sub-First Major Support Level: .11

Ripple’s XRP

62% FIB Retracement Level: 0
In the event of another breakout, Litecoin would likely test resistance at before any pullback. The second major resistance level sits at .30.
Ripple’s XRP broke through the first major resistance level at Failure to move through the .29 pivot level would bring the first major support level at .11 into play.
Ripple’s XRP slipped by 0.85% on Tuesday. Partially reversing a 1.42% rally from Monday, Ripple’s XRP ended the day at

A bearish end to the day, however, left Ripple’s XRP at sub-$0.245 levels and in the red.

.2436.

At the time of writing, Ripple’s XRP was flat at $0.24359. A mixed
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