Crypto market fluctuated during Wednesday’s session. Litecoin declined slightly, while Ethereum managed to gain. Overall, it was a mixed day for the digital coins.
Litecoin tumbled down by 0.09% to $128.58 on Wednesday. After a mixed start of the day, the crypto rallied to an early morning high $129.43 before dropping to a low $128.43. It also left the major support and resistance levels untested thus far.
On Tuesday, Litecoin plummeted down by 0.76%. After reversing a 1.58% surge from Monday, the crypto ended the day at $128.69. However, it fluctuated during the session, rising to an early morning intraday high $130.67 before reversing course again.
Furthermore, Litecoin fell short of the first major resistance level at $135.72 and plunged to a late afternoon intraday low $120.00. The sell-off also caused the crypto to slid through the first major support level at $124.94.
Despite that, Litecoin managed to find support at the second major support level at $120.18. After that, the crypto moved back through to $128 levels, limiting the loss.
How did Ethereum fare?
Ethereum climbed up by 0.10% to $732.48 on Wednesday. After a mixed start of the day, the crypto surged forward to an early morning high $735.67 before tumbling to a low $731.79. It also left the major support and resistance levels untested so far.
On Tuesday, Ethereum increased by 0.29%. After rallying by 6.66% on Monday, the crypto ended the day at $731.76. It fluctuated during the session though, jumping to an early morning intraday high $739.66 before pulling back.
Furthermore, Ethereum fell short of the first major resistance level at $757.50 and plunged to an early morning intraday low $688.00. The crypto also dropped through the first major support level at $691.40 before briefly rebounding to $738 levels.
After a second pullback, Ethereum plummeted down to $703 levels again before recovering to $731 levels.
- Trading Instrument