Cryptocurrencies

Ethereum traded in the red on Tuesday. What about XRP?

Ethereum tumbled down by 0.49% to $606.27 on Tuesday. After a mixed start of the day, the crypto soared to an early morning high $610.00 before dropping to a low $604.23.

 

On Monday, Ethereum surged forward by 8.65%. After gaining 1.40% from Sunday, the crypto ended the day at $609.26. It fluctuated during the session, declining to an early morning intraday low $550.00 before moving. Ethereum steered clear of the first major support level at $520.72, but it rallied to a late intraday high, as well as a new swing hi $611.43.

 

Furthermore, the crypto managed to break through the first major resistance level at $591.36, testing resistance at $610 before pulling back. Afterwards, the crypto plummeted down to sub-$605 before ending up the day at $609 levels.

 

Meanwhile, Litecoin tumbled down by 0.83% to $88.44 on Tuesday. After a mixed start of the day, the crypto surged forward to an early morning high $89.50 before sliding to a low $88.13.

 

However, Litecoin soared by 7.51% on Monday. After dropping by 4.90% on Sunday, the crypto ended the day at $89.18. It fluctuated during the session, falling to an early morning intraday low $80.80 before moving.

 

Litecoin also steered clear of the first major support level at $77.97, and then it rallied to an early afternoon intraday high $90.98. The crypto managed to break through the first major resistance level at $87.97 before tumbling back to $85 levels.

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Despite that, it found support late in the day and moved back through to $89 levels to recover Sunday’s losses with interest.

 

How did Ripple’s XRP fare?

 

Ripple’s XRP plummeted down by 1.24% to $0.60920 on Tuesday. After a mixed start of the day, the crypto rose to an early morning high $0.62387 before dropping to a low $0.60500.

 

On the other hand, the crypto surged forward by 38.3% on Monday. After reversing a 3.56% fall from Sunday, the crypto ended the day at $0.61686.

 

Ripple’s XRP tumbled down to an early morning intraday low $0.43266 before moving. It also steered clear of the first major support level at $0.4011. Then the crypto slid through the 38.2% FIB of $0.4392.

 

However, it managed to find support in the late morning and surged to a late intraday high $0.6200. Ripple’s XRP also broke the first major resistance level at $0.4951 along with the second major resistance level at $0.5436. Despite a late pullback, the crypto avoided sub-$0.61, as well as the second major resistance level.

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