Cryptocurrencies

Ethereum suffered 4.27% on Tuesday. What about EOS?

Ethereum collapsed by 4.27% on Tuesday, ending the day at $378.88. The crypto hit an early morning intraday high $398.30 before tumbling down.

It also fell short of the first major resistance level at $402.18 and plummeted to a late intraday low $364.77.

Furthermore, Ethereum dropped through the first and second major support levels at $387.41 and $379.04, respectively. Despite that, the crypto rebounded soon, ending the session at $378 levels.

On Wednesday, Ethereum climbed up by 0.20% to $379.64. It fell to an early morning low $377.38 before jumping to a high $379.64. Still, the crypto left the major support and resistance levels untested.

EOS also suffered a significant loss on Tuesday, plunging by 7.30%. The crypto ended the day at $3.0037. It surged to an early morning intraday high $3.2950 before reversing course.

After that, EOS fell short of the first major resistance level at $3.3565 and plummeted to a late intraday low $2.8604. It also dropped through the first major support level at $3.0591, as well as the second major support level at $2.8804.

However, the crypto managed to find late support, and moved through the second major support level again, limiting the loss on the day.

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On Wednesday, EOS declined by 0.30% to $2.9947. The crypto decreased from an early morning high $3.0047 to a low $2.9937. It also left the major support and resistance levels untested.

 

How did Ripple’s XRP fare?

 

Ripple’s XRP plummeted down by 4.21% on Tuesday, ending the day at $0.28238. The crypto rallied to an early morning intraday high $0.30744 before pulling back.

Afterward, it broke through the first major resistance level at $0.3022 before dropping to a late intraday low $0.26756.

Furthermore, Ripple’s XRP slid through the first major support level at $0.2857, along with the second major support level at $0.2766. Nonetheless, it managed to find late support and moved back through the second major support level.

On Wednesday, Ripple’s XRP traded flat at $0.28239. The crypto tumbled down to an early morning low $0.28049 before hitting a high $0.28289. However, it left the major support and resistance levels untested.

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