Ripple’s XRP tumbled down by 0.49% to $0.47463 on Wednesday. After a mixed start of the day, the crypto surged forward to an early morning high of $0.47949 before plunging to a low $0.47463. It also left the major support and resistance levels untested thus far.
On Tuesday, Ripple’s XRP rallied by 5.54%. After gaining 7.79% on Monday, the crypto ended the day at $0.47697. However, it plummeted down to an early morning intraday low $0.44946 before moving.
Ripple’s XRP steered clear of the first major support level at $0.4203 and then rallied to an early morning intraday high $0.49092.
Furthermore, the crypto managed to break through the first major resistance level at $0.4768 before dropping down to an afternoon low of $0.45025.
However, the visit into negative territory was very brief. Ripple’s XRP found late support and broke back through the first major resistance level at $0.4768, ending the day at $0.4769 levels.
Meanwhile, Ethereum declined by 0.25% to $1,767.70 on Wednesday. After a mixed start of the day, the crypto rallied to an early morning high $1,779.39 before plunging to a low $1,766.66. It left the major support and resistance levels untested as well.
On Tuesday, Ethereum increased by 1.09%. After jumping by 8.51% on Monday, the crypto ended the day at $1,772.16. However, it fluctuated during the session, dropping to an early morning intraday low $1,710.01 before moving.
Ethereum steered clear of the first major support level at $1,619, surging to a late morning intraday high, as well as a new swing hi $1,824.23. But it fell short of the first major resistance level at $1,833 and dropped back to sub-$1,720 levels.
Despite that, late support enabled the crypto to move out of the red. Ethereum rebounded to $1,790 levels before pulling back again. It ended the day at $1,772 levels.
Litecoin plummeted down by 0.40% to $181.20 on Wednesday. After a mixed start of the day, the crypto rallied to an early morning high $183.96 before tumbling to a low $180.90. It left the major support and resistance levels untested as well.
On Tuesday, Litecoin skyrocketed by 8.54%. After jumping by 10.99% on Monday, the crypto ended the day at $181.92. It soared to a mid-morning high $174.45 before falling to an early afternoon intraday low $164.23.
Litecoin also steered clear of the first major support level at $153.91 and then surged to a late intraday high $184.71.
Furthermore, the crypto broke through the first major resistance level at $175.41, as well as the second major resistance level at $183.20. But it ended the day at $181 levels.
Key Points: US economy growth slowed to 1.6% in Q1, below the expected 2.4%. Consumer spending growth tapered, but business…
Key Points: Microsoft's რevenue surged to $61.9 billion, a 17% increase driven by robust sales in all business segments. Notable…
Key Points Ethereum is Trading below $3,180, under the 100-hourly SMA, indicating a cautious market trend despite the formation of…
Key Points Oil Prices rose, Brent crude oil reached $89.32 per barrel, up 2%, and WTI at $83.86, up 0.5%.…
Key Points GBP/USD is currently at 1.2502, impacted by UK-US economic turbulence and monetary policies. US Q1 GDP growth at…
Key Points: Despite global volatility, USD/INR is the least volatile major currency in FY 2023-24, supported by interbank USD sales…
This website uses cookies.