Cryptocurrencies

Ripple’s XRP tumbled down on Tuesday. What about Ethereum?

Ripple’s XRP declined by 0.54% to $0.19782 on Tuesday. The crypto dropped from an early morning high of $0.19877 to a low of $0.19778. It left the major support and resistance levels untested as well.

On Monday, Ripple’s XRP plummeted down by 1.31%, ending the day at $0.19889. The crypto skyrocketed to a mid-day intraday high of $0.20698 before reversing course.

Ripple’s XRP also managed to break through the first major resistance level at $0.2047 before tumbling down to a late intraday low of $0.19246.

Afterward, the crypto slid through the first and second major support levels at $0.1983 and $0.1950. But it found late support and broke through the major support levels afterwards.

Ethereum fell by 0.23% to $238.89 on Tuesday. The crypto plummeted down from an early morning high of $239.39 to a low of $238.83. In addition, it left the major support and resistance levels untested.

On Monday, Ethereum tumbled down by 1.39%, ending the day at $239.44. The crypto hit a mid-day intraday high of $245.37 before falling into the red. Then it came up against the first major resistance level at $245.64 before dropping to a late intraday low of $236.97.

Related Post

Furthermore, Ethereum slid through the first major support level at $238.25, but it rebounded to $239 levels soon.

 

How did EOS fare?

EOS tumbled down by 0.44% to $2.5452 on Tuesday. The crypto plunged from an early morning high of $2.5476 to a low of $2.5452. Furthermore, EOS left the major support and resistance levels untested.

On Monday, EOS lowered by 2.55%, ending the day at $2.5564. The crypto rallied to a mid-day intraday high of $2.6510 before pulling back. Then it fell well short of the first major resistance level at $2.6681 and tumbled to a late intraday low of $2.4427.

EOS also fell through the first major support level at $2.5714, as well as the second major support level at $2.5213. Still, it found late support and broke back through the second major support level following this.

Recent Posts

Investment and Market Insights in Precious Metals

In a world where economic uncertainty looms, and geopolitical tensions persist, investors often turn to precious metals as a reliable…

3 hours ago

Apple Pushes into AI, Announces $110B Share Buyback

Key points: Apple collaborates with Taiwan Semiconductor to create AI chips for efficient data centre operations. Despite a 4% revenue…

3 hours ago

Bitcoin’s Surge to $65,550: A Resilient Outlook

Key Points Bitcoin's support is $63,350, with further levels at $62,800 and potential dips to $60,800. Key resistance at $64,500;…

4 hours ago

Amazon Web Service Channels $8.87B into Singapore

Key Points: Amazon Web Service (AWS) has committed $8.87 billion to enhance data centre capabilities in Singapore over the next…

5 hours ago

GBP/USD Hits 1.2560 as US Dollar Weakness Persists

Key Points USD weakness fuels GBP surge; Dovish Federal Reserve Comments Hint at Possible rate cuts, boosting GBP/USD to 1.2560.…

7 hours ago

Oil Futures: 0.5% Rise in Brent, 0.6% in WTI

Key Points: Brent oil futures increased by 0.5% to $83.73/barrel, and WTI up 0.6% to $78.56/barrel. Israeli military action in…

7 hours ago

This website uses cookies.