Cryptocurrencies

Ethereum rallied by 0.47% Tuesday. What about Litecoin?

The Crypto market fluctuated during the last few days. Ethereum surged forward by 0.47% to $610.92 on Tuesday. After a mixed start of the day, Ethereum tumbled down to an early morning low $606.25 before jumping to a high $611.30. However, it left the major support and resistance levels untested thus far.

 

On the other hand, Ethereum plummeted down by 4.72% on Monday. After lowering by 3.10% on Sunday, the crypto ended the day at $608.07. Ethereum fluctuated during the session, soaring to a mid-morning intraday high $648.35 before reversing course.

 

It fell short of the first major resistance level at $659.38. As a result, Ethereum dropped down to a mid-day intraday low $596.90.

 

Furthermore, the sell-off caused the crypto to plunge through the first major support level at $619.44. Despite that, it managed to find support at the second major support level at $600.48. After that, Ethereum revisited $620 levels before dropping back to sub-$610.

 

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How did Litecoin fare?

 

Litecoin rallied by 1.87% to $106.39 on Tuesday. After a bullish start of the day, the crypto surged forward from an early morning low $104.36 to a high $106.39. It also left the major support and resistance levels untested so far.

 

However, Litecoin plummeted down by 8.91% on Monday. After plunging by 4.49% on Sunday, the crypto ended the day at $104.44. It fluctuated during Monday’s session. The crypto hit an early morning intraday high $118.87 before pulling back.

 

It also fell short of the first major resistance level at $121.94. After that, Litecoin tumbled down to a mid-day intraday low $100.65.

 

Furthermore, the crypto dropped down the first major support level at $108.60, as well as the 23.6% FIB of $101. Still, it managed to find support later. Litecoin briefly rebounded to $110 levels through the early afternoon, before dropping back through the first major support level.

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