Ethereum surged forward by 1.16% to $569.19 on Thursday. After a mixed start of the day, the crypto tumbled down to an early morning low $562.10 before jumping to a high $577.00.
On Wednesday, Ethereum plunged by 6.06%. After declining by 0.63% on Tuesday, the crypto ended the day at $568.79. However, it fluctuated during the session, tumbling from an intraday high $606.49 to a mid-morning low $579.35.
Ethereum slid through the first major support level at $588.83 before moving back through to $600 levels later in the morning. It also fell short of the first major resistance level at $622.6 and then plummeted down to a late intraday low $554.00.
Afterwards, Ethereum fell through the first major support level at $588.83, as well as the second major support level at $572.22. But a late move back through to $560 levels reduced the loss.
Meanwhile, Ripple’s XRP gained by 2.19% to $0.64435. The crypto dropped down to an early morning low $0.61782 before soaring to a high $0.6500.
On Wednesday, Ripple’s XRP fell by 9.08%, ending the day at $0.63053. The crypto rallied to an early morning high $0.70972 before pulling back. It also fell short of the major resistance levels and collapsed to an early morning low $0.61570.
Furthermore, Ripple’s XRP steered clear of the major support levels, and it slid through the 23.6% FIB of $0.6274. However, the crypto managed to find support through the late morning. It surged forward to a mid-afternoon intraday high $0.72399 before reversing course. XRP ended the day at $0.63 levels.
How did Litecoin fare?
Litecoin soared by 1.31% to $82.82 on Thursday. After a mixed start of the day, the crypto plunged to an early morning low $80.56 before surging to a high $83.06.
On Wednesday, Litecoin tumbled down by 8.51%. Reversing a 0.24% rally from Tuesday, the crypto ended the day at $81.75.
However, it fluctuated during the session, rising to an early morning intraday high $90.74 before pulling back. Furthermore, it fell short of the first major resistance level at $93.59 and dropped to a mid-morning low $85.00.
Despite that, Litecoin managed to find support at the first major support level at $85.54, and it briefly revisited $90 levels before falling again.
Afterwards, the crypto fell through the first major support level, as well as the second major support level at $81.75 to a late intraday low $77.95. But it briefly broke back through to end the day at $81 levels.
Key Points Nikkei 225 slightly fell by 0.1%, while the Hang Seng index surged by 2.4%. USD/JPY increased slightly, highlighting…
Key Points: Gold prices rose on MCX India to ₹71,278/10 gm and COMEX US to $2,328/oz. The US Dollar Index…
Key Points: USD/MXN closed at 17.1268, down by 0.64%. The US Dollar Index increased by 0.67%, highlighting its strength at…
Key Points AUD/USD Pair shows early recovery, currently priced at 0.6525, indicating a subtle improvement and a possible shift in…
Key Points: USD/INR key resistance at 83.50 and 83.71, with strong support from 83.15 down to 82.65. USD/INR maintains a…
Cryptocurrency wallets have emerged as indispensable tools for managing and storing digital assets in the evolving digital finance landscape. These…
This website uses cookies.