Ethereum declined by 0.43% Thursday. What about Litecoin?

Ethereum declined by 0.43% Thursday. What about Litecoin?

Ethereum plummeted down by 0.43% to $570.93 on Thursday. After a mixed start of the day, the crypto increased to an early morning high $575.62 before dropping to a low $570.03. But it hasn’t tested the major support and resistance levels thus far.

 

On Wednesday, Ethereum jumped by 3.35%. After partially recovering from a 6.21% slide from Tuesday, the crypto ended the day at $573.38.

 

However, it started the day on a bearish territory. Ethereum slid through the first major support level at $536.78, dropping to a late morning intraday low $530.32 before moving. Despite that, it managed to find support going into the afternoon and skyrocketed to a late intraday high $578.67.

 

Furthermore, Ethereum fell short of the first major resistance level at $584.13 and plummeted down to sub-$580 levels, limiting the upside on the day.

 

Meanwhile, Litecoin dropped down by 0.62 to $76.97. After a mixed start of the day, Litecoin soared to an early morning high $77.64 before plunging to a low $76.85. It also hasn’t tested the major support and resistance levels so far.

 

On Wednesday, Litecoin surged forward by 0.98%. After partially recovering from Tuesday’s 8.08% drop, the crypto ended the day at $77.45. It started the day on a bearish territory as well. Litecoin tumbled down to a late morning intraday low $72.15 before moving.

 

After the reversal, Litecoin plunged through the first major support level at $73.16 before hitting a late intraday high $78.24. However, it fell short of the first major resistance level at $82.59, Litecoin lowered again, ending the day at $77 levels.

 

How did Ripple’s XRP fare?

 

Ripple’s XRP also dropped down by 0.68% to $0.57914 on Thursday. After a mixed start of the day, the crypto rallied to an early morning high $0.58727 before tumbling to a low $0.57813. It hasn’t tested the major support and resistance levels as well.

 

On Wednesday, Ripple’s XRP skyrocketed by 4.42%. After partially recovering from an 8.17% drop from Tuesday, the crypto ended the day at $0.58313.

 

Ripple’s XRP plummeted down to a late morning intraday low $0.5028 before moving. Afterwards, the sell-off caused Ripple’s XRP to slid through the first major support level at $0.5357, as well as the second major support level at $0.5125. The crypto also plunged through the 38.2% FIB before rebounding back to a late intraday high $0.60527.

 

However, it managed to break back through the 38.2% FIB and support levels. In addition, the crypto broke through the first major resistance level at $0.5963. Despite that, after a late pullback, Ripple’s XRP dropped to sub-$0.60 levels, limiting the upside on the day.

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