Cryptocurrencies

Ripple’s XRP traded on bearish territory on Thursday

Ripple’s XRP declined by 0.44% to $0.19653 on Thursday. The crypto slid from an early morning high of $0.19755 to a low of $0.19609. It left the major support and resistance levels untested as well.

On Wednesday, Ripple’s XRP plummeted down by 0.92%, ending the day at $0.19740. The crypto skyrocketed to an early morning intraday high of $0.19999 before pulling back. It fell short of the first major resistance level at $0.2012 and tumbled down to a late morning intraday low of $0.19644.

After that, Ripple’s XRP steered clear of the first major support level at $0.1963 and rebounded to $0.199 levels before pulling back.

Ethereum also edged lower by 0.18% to $237.89 on Thursday. After starting the session on bearish territory, Ethereum collapsed from an early morning high of $238.55 to a low of $237.72. The crypto also left the major support and resistance levels untested.

On Wednesday, Ethereum tumbled down by 0.86%, ending the day at $238.33. The crypto fluctuated during the session. It soared to an early morning intraday high of $241.44 before pulling back.

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Furthermore, Ethereum fell short of the first major resistance level at $242.74 and slid to a late intraday low of $236.36. The crypto dropped through the first major support level at $237.39 before moving back through to $238 levels.

 

How did EOS fare?

EOS decreased by 0.55% to $2.5292 on Thursday. The crypto plummeted down from an early morning high of $2.5345 to a low of $2.5292. It left the major support and resistance levels untested as well.

On Wednesday, EOS lowered by 0.63%, ending the day at $2.5433. The crypto plummeted down from an early morning intraday high of $2.5670 to a late afternoon intraday low of $2.5090.

EOS also came up short of the major resistance levels and slid through the first major support level at $2.5180. It then steered clear of sub-$2.50 levels. However, later EOS recovered to $2.54 levels, limiting the loss on the day.

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