{"id":9455,"date":"2021-05-25T06:22:49","date_gmt":"2021-05-25T04:22:49","guid":{"rendered":"https:\/\/thecryptowolf.net\/2021\/05\/25\/ethereum-litecoin-and-ripples-xrp-daily-tech-analysis-may-25th-2021\/"},"modified":"2021-05-25T06:22:49","modified_gmt":"2021-05-25T04:22:49","slug":"ethereum-litecoin-and-ripples-xrp-daily-tech-analysis-may-25th-2021","status":"publish","type":"post","link":"https:\/\/thecryptowolf.net\/2021\/05\/25\/ethereum-litecoin-and-ripples-xrp-daily-tech-analysis-may-25th-2021\/","title":{"rendered":"Ethereum, Litecoin, and Ripple\u2019s XRP \u2013 Daily Tech Analysis \u2013 May 25th, 2021"},"content":{"rendered":"
\"Ethereum,<\/div>

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\n<\/p>\n

\n

For the day ahead<\/h3>\n

Litecoin would need to avoid a fall through the 62% FIB of $174 and the $170 pivot to bring the first major resistance level at $201 into play.<\/p>\n

Support from the broader market would be needed, however, for Litecoin to break through to $200 levels.<\/p>\n

Barring an extended crypto rally, the first major resistance level would likely cap any upside.<\/p>\n

In the event of an extended breakout, Litecoin could test resistance at $220. The second major resistance level sits at $216.<\/p>\n

Failure to avoid a fall through the 62% FIB and the $170 pivot would bring the first major support level at $155 into play.<\/p>\n

Barring another extended sell-off, however, Litecoin should steer clear of sub-$150 levels. The second major support level sits at $125.<\/p>\n

A sustained fall through the 62% FIB of $174 would form a near-term bearish trend from 10th<\/sup> May\u2019s swing hi $413.91.<\/p>\n

Looking at the Technical Indicators<\/h2>\n

First Major Support Level: $155<\/p>\n

Pivot Level: $170<\/p>\n

First Major Resistance Level: $201<\/p>\n

23.6% FIB Retracement Level: $322<\/p>\n

38.2% FIB Retracement Level: $265<\/p>\n

62% FIB Retracement Level: $174<\/p>\n

Ripple\u2019s XRP<\/h2>\n

Ripple\u2019s XRP<\/a> rallied by 25.42% on Monday. Reversing a 12.48% slide from Sunday, Ripple\u2019s XRP ended the day at $0.99474.<\/p>\n

A mixed start to the day saw Ripple\u2019s XRP fall to an early morning intraday low $0.75600 before making a move.<\/p>\n

Steering clear of the first major support level at $0.6401, Ripple\u2019s XRP rallied to a late intraday high $0.99853.<\/p>\n

Ripple\u2019s XRP broke through the 62% FIB of $0.8573 and the first major resistance level at $0.9568 to end the day at $0.99 levels.<\/p>\n

Resistance at $1.00 pegged Ripple\u2019s XRP back late in the day.<\/p>\n

At the time of writing, Ripple\u2019s XRP was up by 3.15% to $1.02605. A mixed start to the day saw Ripple\u2019s XRP fall to an early morning low $0.98006 before rising to a high $1.05000.<\/p>\n

Ripple\u2019s XRP left the major support and resistance levels untested early on.<\/p>\n<\/div>\n

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