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Ethereum, Litecoin, Ripple Market Price Analysis – EtherDesk Exclusive.

Today on 24th Oct., Ethereum (ETH) lost over 2% of its value. Ethereum concluded the day at a price of around $4000 USD after falling over 2% on Saturday.

Ethereum had a bullish start to the day, rising to an intraday high of $4,169.72 before reversing.

Ethereum (ETH) Price Analysis

Ethereum plummeted to a late afternoon intraday low of $3,980.25, falling short of the first significant resistance mark at $4,160 USD.

Ethereum went through the first major support level at $3,970 before recovering to $4,020 by the conclusion of the day.

Ethereum was down 0.82% at $4020.49 at the time of writing. Ethereum had a mixed start to the day, rising to reach a high of $4130.52 in the early morning before sliding to a low of $3,983.71. Early on, Ethereum did not challenge the major support and resistance levels.

Ethereum, Litecoin, Ripple Market Price Analysis - EtherDesk Exclusive.

Ethereum Price Chart – Source: Tradingview

To reach the first big resistance level at $4,132, Ethereum would have to break through the pivot at $4,009.

For Ethereum to break through to $4,100 levels, though, it will need support from the rest of the market.

Unless there is a sustained crypto rebound, the first significant resistance level and Sunday’s high of $4,159.72 are likely to be the upper limit.

Ethereum might test resistance at the all-time high of $4,383.4 in the case of a broad-based crypto rally. $4,293 is the second significant resistance level.

If the pivot at $4,009 is not broken, the first major support level at $3980 USD will be tested.

Ethereum, on the other hand, should avoid falling below $3,900 unless there is a sustained sell-off. $3,924 is the second significant support level.

Litecoin (LTC) Price Analysis

On Friday, Litecoin (LTC) lost 2.97 percent of its value. Litecoin started the day at $190.98, down 5.07 percent from the previous day.

Litecoin had a bullish start to the day, rising to an intraday high of $201.47 before reversing. Litecoin fell to a late intraday low of $192.97 after falling short of the first major resistance mark at $209.

Litecoin went through the first major support level at $190 before recovering support and finishing the day at $190. LTC was down 2.80 percent at $190.51 at the time of writing. Litecoin rose to an early morning high of $191.28 before sliding to a low of $189.98, indicating a mixed start to the day.

 

Ethereum, Litecoin, Ripple Market Price Analysis - EtherDesk Exclusive.

Litecoin Price Chart – Source: Tradingview

Early on, Litecoin did not challenge the major support and resistance levels. To reach the first significant resistance level at $199, Litecoin would have to break through the $194 pivot. However, for Litecoin to break out of the $195 range, it will need support from the rest of the market.

Unless there is a sustained crypto rally, the first significant resistance level and Saturday’s high of $201.47 are likely to be the upper limit.

 

Ripple (XRP) Price Analysis

On Friday, Ripple (XRP) fell 1.56% percent. Ripple’s XRP concluded the day at $1.08883 after falling 3.04 percent on Sunday.

After a rocky start to the day, Ripple’s XRP plummeted to an intraday low of $1.07617 in the early afternoon before making a move.

Ripple’s XRP soared to a mid-afternoon intraday high of $1.11781, breaking above the 28.2 percent FIB of $1.0659 and the first major support level at $1.0609.

 

Ethereum, Litecoin, Ripple Market Price Analysis - EtherDesk Exclusive.

Ripple Price Chart – Source: Tradingview

Ripple’s XRP dropped to $1.07 levels after failing to break through the first significant resistance level at $1.1500. Ripple’s XRP briefly rose to $1.09 levels late in the day before plunging back into the negative again.

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