Cryptocurrencies

Ripple’s XRP and Ethereum suffered losses on Friday

Ripple’s XRP declined by 0.66% on Friday, lowering to $0.20143. The crypto plummeted down from an early morning high of $0.20286 to a low of $0.20142. However, it left the major support and resistance levels untested.

On Thursday, Ripple’s XRP tumbled down by 1.13%, ending the day at $0.20276. The crypto dropped to an early morning low of $0.19785 before making a move. Furthermore, it steered clear of the first major support level at $0.1910. But Ripple’s XRP skyrocketed to a mid-day intraday high of $0.21199 soon after.

Aftwerwards, the crypto fell short of the first major resistance level at $0.2138 and plunged to a late afternoon intraday low of $0.19718. Despite that, Ripple’s XRP rebounded to $0.2020 levels later.

Ethereum also fell by 0.47% to $240.87 on Friday. The crypto dropped from an early morning high of $242.12 to a low of $240.72 after a bearish start. It also left the major support and resistance levels untested.

On Thursday, Ethereum declined by 2.07%, ending the day at $242.00. The crypto fluctuated during the session. It dropped to an early morning low of $243.10 before skyrocketing to a mid-day intraday high of $247.67.

Related Post

Furthermore, the crypto fell short of the first major resistance level at $251.46 and tumbled down to a mid-afternoon intraday low of $237.04. Then it fell through the first major support level at $240.37 before rebounding to $242 levels.

 

How did EOS fare?

EOS lowered by 0.28% on Friday, falling to $2.6450. It declined from a high of $2.6523 to an early low of $2.6450. In addition, EOS left the major support and resistance levels untested.

On Thursday, EOS lost 1.15%, ending the day at $2.6523. The crypto tumbled down to an early morning low of $2.63 before hitting a mid-morning intraday high of $2.7296. But it fell short of the first major resistance level at $2.7474. As a result, EOS collapsed to an early evening intraday low of $2.5833.

Nonetheless, the crypto found support at the first major support level at $2.5855 and recovered to $2.65 levels.

Recent Posts

AUD/JPY Climbs Back to 102.20, Halting Losses

Key Points: AUD/JPY broke below a rising wedge, signalling possible bearish momentum, with immediate resistance at 103.00 and support at…

2 days ago

EUR/JPY Hit 168.25, Boosted by 0.3% Q1 GDP Growth

Key Points EUR/JPY Rises to 168.25: Strengthened by robust Eurozone economy and steady ECB policy. Eurozone GDP Grew by 0.3%…

2 days ago

Chinese Electric Vehicle Market: Nio Stock Up 20%

Key Points: Nio's shares hit 44.20 HKD, up 20%, with electric vehicle deliveries up 134.6% year-on-year to 15,620. BYD leads…

3 days ago

Ethereum Price Dips Below $3,120 Amid Market Slump

Key Points: Ethereum fell sharply from $3,355 to a low of $2,813, reflecting high volatility and sensitivity to market dynamics.…

3 days ago

Stock Markets: Nikkei Down 0.1%, Hang Seng Up 2.4%

Key Points Nikkei 225 slightly fell by 0.1%, while the Hang Seng index surged by 2.4%. USD/JPY increased slightly, highlighting…

3 days ago

Gold Price Increases to ₹71,278 and $2,328

Key Points: Gold prices rose on MCX India to ₹71,278/10 gm and COMEX US to $2,328/oz. The US Dollar Index…

3 days ago

This website uses cookies.