For the coming day
Ethereum is expected to return to $ 215 to bring into play the first major resistance level at $ 216.66.
Support from the broader market would, however, be necessary for Ethereum to exit the morning high of $ 214.37.
Unless there is a prolonged cryptographic rally, the first major resistance level would probably limit any rise in the day.
If you don’t come back to $ 215, Ethereum could reverse.
A return to levels below $ 212 would bring the first major support level to $ 206.86 before any recovery.
Unless a crypto merger occurs, Ethereum should avoid the second major level of support at $ 202.13.
A look at the technical indicators
Main support level: $ 206.86
Major resistance level: $ 216.66
23.6% FIB retracement level: $ 257
38.2% FIB retracement level: $ 367
62% FIB retracement level: $ 543
Ripple’s XRP fell 0.05% on Friday. After gaining 3.23% on Thursday, Ripple’s XRP ended the day at $ 0.21868.
A mixed start to the day pushed Ripple’s XRP to an intraday high of $ 0.22,231 before hitting the setback.
Below the first major resistance level at $ 0.2237, Ripple’s XRP slipped to an intraday low of $ 0.21429 by mid-morning.
Avoiding the first major support level at $ 0.2118, Ripple’s XRP rebounded to $ 0.22 before a late withdrawal.
At the time of this writing, Ripple’s XRP was up 0.90% to $ 0.22065. A mixed start to the day dropped Ripple’s XRP to a low of $ 0.21663 early in the morning before hitting a high of $ 0.22137.
Ripple’s XRP did not test the main levels of support and resistance from the start.