Ripple’s XRP and Ethereum traded in red on Wednesday

Ripple’s XRP and Ethereum traded in red on Wednesday

Ripple’s XRP traded lower by 0.02% to $0.19243 on Wednesday. The crypto hit an early morning high of $0.19264 before tumbling down to a low of $0.19222. It left the major support and resistance levels untested.

On Tuesday, Ripple’s XRP declined by 0.08% and ended the day at $0.19247. The crypto plummeted down to an early morning low of $0.19103 before finding support. Then it jumped to an early morning intraday high of $0.19409.

Despite a brief rally, Ripple’s XRP fell short of the first major resistance level at $0.1966 and collapsed to an afternoon intraday low of $0.19007. But the crypto managed to find support from the broader market. It recovered to $0.1920 levels and ended the day relatively flat.

Ethereum also dropped on Wednesday, lowering by 0.13% to $235.03. It rose to an early morning high of $235.77 before tumbling to a low of $234.81. The crypto left the major support and resistance levels untested.

On Tuesday, Ethereum increased by 1.90%, ending the day at $235.34. The crypto slid to an early morning intraday low of $228.78 and steered clear of the first major support level at $221.18. But Ethereum hit an early afternoon intraday high of $236.02 soon after.

However, the crypto fell short of the first major resistance level at $237.39 and plummeted down to $231 levels before ending the day at $235 levels.

What about EOS? 

EOS rose by 0.04% to $2.5570 on Wednesday. After a relatively bullish start to the day, the crypto soared from an early morning low of $2.5564 to a high of $2.5589. However, it left the major support and resistance levels untested.

On Tuesday, EOS surged by 0.83%, ending the day at $2.5561. The crypto dropped to an early morning intraday low of $2.5219. But after steering clear of the first major support level at $2.4469, EOS jumped to an early morning intraday high of $2.5652.

Despite that, the crypto fell short of the first major resistance level at $2.5964 and lowered to sub-$2.54 levels before recovering to $2.56 levels.

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