RATE Group | EOS, Ethereum and Ripple’s XRP
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EOS, Ethereum and Ripple’s XRP

30 May EOS, Ethereum and Ripple’s XRP

Posted at 08:27h in Cryptocurrency News by

For the day ahead

Ethereum would need to move back through to $221 levels to bring the first major resistance level at $224.44 into play.

Support from the broader market would be needed, however, for Ethereum to break back through to $224 levels.

Barring a broad-based crypto rebound, resistance at $224 would likely leave Ethereum short of the first major resistance level.

Failure to move back through to $221 levels could see Ethereum slide deeper into the red.

A fall through the morning low $218.33 would bring the first major support level at $217.16 into play.

Barring an extended crypto sell-off, however, Ethereum should steer clear of the second major support level at $213.70.

Looking at the Technical Indicators

Major Support Level: $217.16

Major Resistance Level: $224.44

23.6% FIB Retracement Level: $257

38.2% FIB Retracement Level: $367

62% FIB Retracement Level: $543

Ripple’s XRP

Ripple’s XRP fell by 1.57% on Friday. Reversing a 1.37% gain from Thursday, Ripple’s XRP…

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