• rippleXRP$0.561.47%

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 26th, 2020 – FX Empire

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For the day ahead

23.6% FIB Retracement Level: .30
Support from the broader market would be needed, however, for Litecoin to break out from Sunday’s high .99.
Pivot Level: .47
Barring an extended sell-off on the day, however, Litecoin should steer well clear of sub- levels. The second major support level at .04 should limit any downside.
Ripple’s XRP fell through the first major support level at Barring an extended crypto rally, the first major resistance level would likely cap any upside.

Looking at the Technical Indicators

It was a mixed start to the day. Ripple’s XRP rose to an early morning intraday high 62% FIB Retracement Level: 0
38.2% FIB Retracement Level:
Ripple’s XRP fell by 1.20% on Sunday. Reversing a 0.54% gain from Saturday, Ripple’s XRP ended the week up by 4.52% to In the event of a breakout, Litecoin would likely test the second major resistance level at .90.
First Major Resistance Level: .39

Ripple’s XRP

Failure to avoid a fall through the .47 pivot level would bring the first major support level at .96 into play.
Litecoin would need to avoid a fall through the .47 pivot to support a run at the first major resistance level at .39.
First Major Support Level: .96
Falling short of the first major resistance level at

Ripple’s XRP fell through the first major support level at $0.2535 before finding support. A recovery to $02530 levels limited the downside on the day. The first major support level pinned Ripple’s XRP back late in the day, however.

.2583, Ripple’s XRP fell to a mid-morning intraday low

Ripple’s XRP fell through the first major support level at $0.2535 before finding support. A recovery to $02530 levels limited the downside on the day. The first major support level pinned Ripple’s XRP back late in the day, however.

.25151.

At the time of writing,
Source…

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