Cryptocurrencies

Ripple’s XRP Was Flat On Wednesday. What About Ethereum?

Ripple’s XRP traded flat at $0.28239 on Wednesday. The crypto plummeted down to an early morning low $0.28049 before soaring to a high $0.28289. But it left the major support and resistance levels untested.

 

On Tuesday, Ripple’s XRP lost 4.21%, ending the day at $0.28238. The crypto skyrocketed to an early morning intraday high $0.30744 before dropping back.

 

Afterward, it broke through the first major resistance level at $0.3022 before tumbling to a late intraday low $0.26756.

 

Furthermore, Ripple’s XRP slid through the first major support level at $0.2857, as well as the second major support level at $0.2766. Despite that, it managed to find late support and surpass the second major support level again.

 

Meanwhile, Ethereum gained 0.20% to $379.64 on Wednesday. It fell to an early morning low $377.38 before hitting a high $379.64. However, the crypto left the major support and resistance levels untested.

 

On the other hand, Ethereum plunged by 4.27% on Tuesday, ending the day at $378.88. The crypto rallied to an early morning intraday high $398.30 before plummeting down.

 

It fell short of the first major resistance level at $402.18 as well, tumbling to a late intraday low $364.77.

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Moreover, Ethereum plummeted through the first and second major support levels at $387.41 and $379.04, respectively. But the crypto rebounded soon, ending the session at $378 levels. 

 

 

How Did EOS Fare? 

 

EOS decreased by 0.30% to $2.9947 on Wednesday. The crypto dropped from an early morning high $3.0047 to a low $2.9937. It left the major support and resistance levels untested as well.

 

On Tuesday, EOS collapsed by 7.30%, ending the day at $3.0037. It jumped to an early morning intraday high $3.2950 before pulling back. 

 

After that, EOS fell short of the first major resistance level at $3.3565 and tumbled to a late intraday low $2.8604. It also plummeted down through the first major support level at $3.0591, as well as the second major support level at $2.8804.

 

Nonetheless, the crypto managed to find late support, and surpassed the second major support level again, limiting the loss on the day.

 

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