For the day ahead
Ethereum would need to avoid a fall through the $343.27 pivot to support a run at the 38.2% FIB of $367 and the first major resistance level at $370.11
Support from the broader market would be needed, however, for Ethereum to break out from Sunday’s high $360.61.
Barring an extended crypto rally, the first major resistance level would likely cap any upside.
Failure to avoid a fall through the $343.27 pivot would bring the first major support level at $326 into play.
Barring an extended sell-off, however, Ethereum should avoid sub-$300 levels. The second major support level sits at $299.09.
Looking at the Technical Indicators
First Major Support Level: $326.00
Pivot Level: $343.27
First Major Resistance Level: $370.11
23.6% FIB Retracement Level: $257
38.2% FIB Retracement Level: $367
62% FIB Retracement Level: $543
Ripple’s XRP rose by 1.15% on Sunday. Partially reversing a 2.74% decline from Saturday, Ripple’s XRP ended the week down by 15.24% to $0.23716.
Tracking the broader market, Ripple’s XRP fell to a mid-morning intraday low $0.22967 before making a move.
Steering clear of the first major support level at $0.2256, Ripple’s XRP rallied to a mid-day intraday high $0.24328.
Falling short of the first major resistance level at $0.2544, Ripple’s XRP slid to an early afternoon low $0.23458.
Continuing to steer clear of the first major support level at $0.2256, Ripple’s XRP recovered to end the day at $0.24 levels.
At the time of writing, Ripple’s XRP was up by 0.72% to $0.24151. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.23948 before rising to a high $0.24161.
Ripple’s XRP left the major support and resistance levels untested early on.