Cryptocurrencies

Ethereum fell by 0.90% Wednesday. What about Litecoin?

Ethereum plummeted down by 0.90% to $1,355.65 on Wednesday. After a mixed start of the day, the crypto surged to an early morning high $1,375.91 before dropping to a low $1,351.80. It also left the major support and resistance levels untested so far.

 

On Tuesday, Ethereum skyrocketed by 3.79%. After partially reversing a 5.46% plunge from Monday, the crypto ended the day at $1,367.98.

 

Ethereum started the session on the bullish territory. It rallied to an early morning intraday high $1,378.12 before pulling back. Furthermore, the crypto fell short of the first major resistance level at $1,432, and plunge to an early afternoon intraday low $1,245.00.

 

Despite that, it managed to find support at the first major support level at $1,249 and hit a late high $1,375.28 before lowering again.

 

Meanwhile, Litecoin tumbled down by 0.88% to $133.60 on Wednesday. After a mixed start of the day, the crypto surged forward to an early morning high $135.13 before dropping to a low $133.48. It also left the major support and resistance levels untested thus far.

 

On Tuesday, Litecoin declined by 1.66%. After losing 2.86% on Monday, the crypto ended the day at $134.79. However, it fluctuated during the session, soaring to an early morning intraday high $139.79 before reversing course.

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Litecoin also fell short of the first major resistance level at $144.34 and dropped to an early afternoon intraday low $128.41. After that, the crypto also slid through the first major support level at $133.27, as well as the second major support level at $129.41. But it managed to find support late in the day, and briefly rebounded to $136 levels before lowering again.

 

How did Ripple’s XRP fare? 

 

Ripple’s XRP also fell by 0.60% to $0.26706 on Wednesday. After a mixed start of the day, the crypto hit an early morning high $0.26870 before tumbling to a low $0.26706. It also left the major support and resistance levels untested thus far. 

 

On Tuesday, Ripple’s XRP surged forward by 0.43%. After partially reversing a 2.13% plunge from Monday, the crypto ended the day at $0.26866.

 

However, it rallied to an early morning intraday high $0.27104 before pulling back. But then it fell short of the first major resistance level at $0.2796 and dropped to an early afternoon intraday low $0.25814.

 

The sell-off caused Ripple’s XRP to plunge through the first major support level at $0.2612. It also steered clear of the second major support level at $0.2548 and rebounded to $0.269 levels before falling back. Thanks to the late recovery, Ripple’s XRP ended the day in the green.

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