EOS, Ethereum and Ripple’s XRP

Fibo Quantum

For the day ahead

Ethereum would need to move back through to $210 levels to support a run at the first major resistance level at $211.00.

Support from the broader market would be needed, however, for Ethereum to breakout form Monday’s high $208.65.

Barring a broad-based crypto rally, resistance at $210 would likely leave Ethereum short of the major resistance levels.

Failure to move back through to $210 levels could see Ethereum hit reverse.

A fall back through the morning low $200.77 would bring the first major support level at $192.20 into play.

Barring an extended crypto sell-off, Ethereum should steer clear of sub-$190 levels.

Looking at the Technical Indicators

Major Support Level: $192.20

Major Resistance Level: $211.00

23.6% FIB Retracement Level: $257

38.2% FIB Retracement Level: $367

62% FIB Retracement Level: $543

Ripple’s XRP

Ripple’s XRP rose by 2.70% on Monday. Following a 13.56% slide on Sunday, Ripple’s XRP ended the day at $0.21048.

A mixed start to the day saw Ripple’s XRP rise to a late morning intraday high $0.21272 before hitting reverse.

Falling short of the first major resistance level at $0.2276, Ripple’s XRP slid to a mid-afternoon intraday low $0.19901.

Steering clear of the first major support level at $0.1912, Ripple’s XRP bounced back to $0.21 levels.

At the time of writing, Ripple’s XRP was flat at $0.21047. A mixed start to the day saw Ripple’s XRP fall from an early morning high $0.21069 to a low $0.20822.

Ripple’s XRP left the major support and resistance levels untested early on.