Several cryptos declined on Wednesday, trading in bearish territory. Ethereum dropped down by 3.72%. The crypto ended the day at $152.77, reversing a 1.21% gain from Tuesday.
However, before lowering, Ethereum hit an early morning intraday high $160.50. After it fell short of the first major resistance level at $162.58, the crypto dropped to a final hour intraday low $152.17. Ethereum also fell through the first major support level at $155.14 and ended the day in the deep red.
The crypto managed to edge up by 0.29% to $153.21 today. After falling to an early morning low $148.08, Ethereum hit a high $153.76. But it steered clear of the major resistance levels and fell through the first major support level at $149.46.
How did EOS and Ripple’s XRP fare?
EOS plummeted down by 1.96% on Wednesday, ending the day at $2.4064. The crypto hit an early morning intraday high $2.5006 before reversing the course.
EOS dropped to an early afternoon intraday low of $2.3959 after it fell short of the first major resistance level at $5.0800. However, it rebounded to $2.47 levels after falling through the first major support level at $2.4152.
Still, EOS lowered back to sub-$2.40 levels and ended the day at $2.40. The crypto was down by 0.29% to $2.3994 on Thursday.
Meanwhile, Ripple’s XRP lost 2.73% on Wednesday, ending the day at $0.18092. Before that, the crypto also declined by 0.89% on Tuesday.
Ripple’s XRP soared to an early morning intraday high $0.18980 before hitting reverse yesterday. It came up against the first major resistance level at $0.1893 and slid to a final hour intraday low $0.18024.
However, Ripple’s XRP found support at the second major support level at $0.1804 after it dropped through the first major support level at $0.1833. The crypto declined by 1.50% to $0.17820 on Thursday.
