Cryptocurrencies

Ethereum ended in the red on Wednesday. What about EOS?

Ethereum declined by 0.86% on Wednesday, ending the day at $238.33. The crypto fluctuated during the session. It hit an early morning intraday high of $241.44 before reversing course.

Ethereum also fell short of the first major resistance level at $242.74 and dropped to a late intraday low of $236.36. The crypto fell through the first major support level at $237.39 before moving back through to $238 levels.

On Thursday, Ethereum edged lower by 0.18% to $237.89. After starting the session in bearish territory, Ethereum plunged from an early morning high of $238.55 to a low of $237.72. Therefore, it left the major support and resistance levels untested.

Meanwhile, EOS tumbled down by 0.63% on Wednesday, ending the day at $2.5433. The crypto market traded in the red. Thus, EOS plummeted down from an early morning intraday high of $2.5670 to a late afternoon intraday low of $2.5090.

The crypto came up short of the major resistance levels and dropped through the first major support level at $2.5180. It also steered clear of sub-$2.50 levels. However, later EOS rebounded to $2.54 levels, limiting the loss on the day.

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On Thursday, EOS fell by 0.55% to $2.5292. The crypto tumbled down from an early morning high of $2.5345 to a low of $2.5292. It also left the major support and resistance levels untested.

 

How did Ripple’s XRP fare?

Ripple’s XRP lowered by 0.92% on Wednesday, ending the day at $0.19740. The crypto rallied to an early morning intraday high of $0.19999 before pulling back. It fell short of the first major resistance level at $0.2012 and plummeted down to a late morning intraday low of $0.19644.

Afterward, Ripple’s XRP steered clear of the first major support level at $0.1963 and recovered to $0.199 levels before dropping back.

On Thursday, Ripple’s XRP tumbled down by 0.44% to $0.19653. The crypto fell from an early morning high of $0.19755 to a low of $0.19609. It also left the major support and resistance levels untested.

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