Cryptocurrencies

Ethereum fell on Friday after recent rally. What about EOS?

Ethereum skyrocketed by 6.72% on Thursday. The crypto ended the day at $212.47, reversing a 3.04% fall from Wednesday. It dropped to an early morning intraday low of $196.82 before making a move.

Ethereum soared to a late afternoon intraday high of $215.99 despite steering clear of the first major support level at $194.56. The crypto also managed to break through the first major resistance level at $207.59 before sliding back.

However, Ethereum tumbled down by 0.95% to $211.52 on Friday. After a mixed start of the day, the crypto hit an early morning high of $217.00 before falling to a low of $211.28. But it left the major support and resistance levels untested so far.

Thursday’s session was successful for EOS as well. It jumped up by 4.14%, reversing a 4.12% fall from Wednesday. The crypto ended the day at $2.7606.

EOS tumbled down to an early morning intraday low of $2.5888 before making a move. But it rallied to a late afternoon intraday high of $2.7961 after steering clear of the first major support level at $2.5717.

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The crypto also managed to break through the first major resistance level at $2.7820, testing resistance at $2.80, but it eased back again.

Nonetheless, EOS added 0.03%, coming to $2.7614 on Friday. It rose to an early morning high of $2.8249 before falling to a low of $2.7600, but still ended the day with a gain. However, the crypto left the major support and resistance levels untested.

How did Ripple’s XRP fare?

Ripple’s XRP ended in the red along with Eos and Ethereum on Wednesday, losing 2.29%. On the other hand, it rose by 3.23% on Thursday, reaching $0.21879 by the end.

The crypto recovered from an early morning low of $0.20981 soon and struck a late afternoon intraday high of $0.22173. Furthermore, Ripple’s XRP surpassed the first major resistance level at $0.2196 before dropping back to levels below $0.2190.

On Friday, Ripple’s XRP declined by 0.50% to $0.21769. It rose to an early morning high of $0.22231 before falling to a low of $0.21733.

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