Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – September 27th, 2021

Ethereum

Ethereum rose by 4.68% on Sunday. Following a 0.22% decline on Saturday, Ethereum ended the week down by 8.05% to $3,060.71.

A blended begin to the day noticed Ethereum slide to a late morning intraday low $2,741.34 earlier than making a transfer.

Ethereum fell via the primary main assist degree at $2,826.

Discovering assist on the 38.2% FIB of $2,740, nevertheless, Ethereum rallied to a late intraday excessive $3,117.48.

Ethereum broke via the primary main resistance degree at $2,995 and the second main resistance degree at $3,067 earlier than ending the day at $3,060 ranges.

On the time of writing, Ethereum was down by 0.23% to $3,028.76. A blended begin to the day noticed Ethereum rise to an early morning excessive $3,064.63 earlier than falling to a low $3,028.76.

Ethereum left the key assist and resistance ranges untested early on.

For the day forward

Ethereum would wish to keep away from the $2,973 pivot to carry the primary main resistance degree at $3,205 into play.

Assist from the broader market can be wanted, nevertheless, for Ethereum to interrupt again via to $3,200 ranges.

Barring an prolonged crypto rally, the primary main resistance degree would possible cap the upside.

Within the occasion of a broad-based crypto rally, Ethereum may check resistance on the 23.6% FIB of $3,369 earlier than any pullback. The second main resistance degree sits at $3,349.

A fall via the $2,973 pivot would carry the primary main assist degree at $2,829 into play.

Barring one other prolonged sell-off, nevertheless, Ethereum ought to keep away from the second main assist degree at $2,597. The 38.2% FIB of $2,740 ought to restrict the draw back.

Wanting on the Technical Indicators

First Main Assist Degree: $2,829

Pivot Degree: $2,973

First Main Resistance Degree: $3,205

23.6% FIB Retracement Degree: $3,369

38.2% FIB Retracement Degree: $2,740

62% FIB Retracement Degree: $1,725

Litecoin

Litecoin fell by 0.18% on Sunday. Following a 0.83% decline on Saturday, Litecoin ended the week down by 14.24% to $150.74.

A bearish begin to the day noticed Litecoin slide to a late morning intraday low $142.07 earlier than making a transfer.

Litecoin fell via the primary main assist degree at $148 and the second main assist degree at $145.

Steering away from sub-$140 ranges, nevertheless, Litecoin rallied to a late intraday excessive $153.51.

Falling wanting the primary main resistance degree at $155, Litecoin slipped again to $150 ranges and into the pink.

On the time of writing, Litecoin was down by 0.45% to $150.06. A blended begin to the day noticed Litecoin rise to an early morning excessive $150.76 earlier than falling to a low $149.32.

Litecoin left the key assist and resistance ranges untested early on.

For the day forward

Litecoin would wish to keep away from the $149 pivot to carry the primary main resistance degree at $156 into play.

Assist from the broader market can be wanted, nevertheless, for Litecoin to interrupt out from Sunday’s excessive $153.51.

Barring an prolonged crypto rally, the primary main resistance degree would possible cap the upside.

Within the occasion of one other breakout, Litecoin may check resistance at $165 earlier than any pullback. The second main resistance degree sits at $160.

A fall via the $149 pivot would carry the primary main assist degree at $144 into play.

Barring one other prolonged sell-off, Litecoin ought to keep away from sub-$140. The second main assist degree sits at $137.

Wanting on the Technical Indicators

First Main Assist Degree: $144

Pivot Degree: $149

First Main Resistance Degree: $156

23.6% FIB Retracement Degree: $178

38.2% FIB Retracement Degree: $223

62% FIB Retracement Degree: $296

Ripple’s XRP

Ripple’s XRP rose by 0.52% on Sunday. Reversing a 0.53% decline on Saturday, Ripple’s XRP ended the week down by 9.89% to $0.94438.

A bearish begin to the day noticed Ripple’s XRP fall to a late morning intraday low $0.89322 earlier than making a transfer.

Ripple’s XRP fell via the primary main assist degree at $0.9196 and the second main assist degree at $0.8993.

Discovering late morning assist, nevertheless, Ripple’s XRP rose to a late intraday excessive $0.95634.

Falling wanting the primary main resistance degree at $0.9587, Ripple’s XRP slid again to sub-$0.95 ranges.

On the time of writing, Ripple’s XRP was down by 0.31% to $0.94143. A bearish begin to the day noticed Ripple’s XRP fall from an early morning excessive $0.94359 to a low $0.93604.

Ripple’s XRP left the key assist and resistance ranges untested early on.

For the day forward

Ripple’s XRP would wish to keep away from the $0.9313 pivot to carry the primary main resistance degree at $0.9694 into play.

Assist can be wanted, nevertheless, for Ripple’s XRP to interrupt out from Sunday’s excessive $0.95634.

Barring an prolonged crypto rally, the primary main resistance degree would possible cap the upside.

Within the occasion of a broad-based crypto rally, Ripple’s XRP may check the second main resistance degree at $0.9944.

A fall via $0.9313 pivot would carry the primary main assist degree at $0.9063 into play. Barring an prolonged sell-off, nevertheless, Ripple’s XRP ought to keep away from the second main assist degree at $0.8682.