The crypto market traded into bullish territory over the last several days. Ethereum jumped up by 3.27% on Sunday. And the crypto gained 3.76% on Monday, ending the day at $214.83. Ethereum rallied from an intraday low of $206.99 to a mid-morning intraday high of $216.99 after a bullish start of the day.
The crypto managed to break through the first major resistance level at $211.67, as well as the second major resistance level at $216.28 before reversing its course. However, it dropped back to levels below $209 by the late afternoon before finding support.
Nonetheless, Ethereum broke through the first major resistance level again to close out near $214. However, the crypto traded down by 1.06% to $212.56 on Tuesday.
EOS also gained 1.73% on Monday, ending the day at $2.6618. The crypto skyrocketed from a morning low of $2.6102 to an early morning intraday high of $2.7563. It broke through the first and second major resistance levels at $2.6657 and $2.7136 before sliding back.
After the drawback, EOS fell to a late afternoon intraday low of $2.6050. But the crypto found support soon and rebounded to levels around $2.66 to end the day in the green.
On Tuesday, EOS lowered by 0.84% to $2.6394. After a bearish start of the day, the crypto dropped from an early morning high of $2.6590 to a low of $2.6356.
What about Ripple’s XRP?
Ripple’s XRP surged forward by 2.02% on Monday, ending the day at $0.20530. After the crypto hit an early morning intraday high of $0.20814, it managed to break through the first major resistance level at $0.20814, as well as a second major resistance level at $0.2075.
However, Ripple’s XRP slid back to $0.20113 by the late morning before finding support. The crypto rebounded to levels around $0.2063 later before easing back once again. However, the recovery helped Ripple’s XRP to break through and hold above the first major resistance level at $0.2043.
On Tuesday, Ripple’s XRP declined by 1.10% to $0.20305. The crypto fell from an early morning high of $0.20516 to a low of $0.20283.
- Trading Instrument