Cryptocurrencies

Litecoin gained 0.43% on Thursday. What about Ethereum?

Litecoin surged forward by 0.43% to $93.42 on Thursday. After a mixed start of the day, the crypto tumbled down to an early morning low $92.89 before jumping to a high $94.39. However, it hasn’t tested the major support and resistance levels thus far.

 

On Wednesday, Litecoin skyrocketed by 14.25%. After reversing a 1.24% loss from Tuesday, the crypto ended the day at $93.02. However, it started the day on the bearish territory. The crypto plummeted down to an early morning intraday low $78.43 before moving. Due to the reversal, Litecoin plunged through the first major support level at $79.49.

 

Despite that, the crypto managed to find late morning support. As a result, Litecoin rallied to a late intraday high $93.30. The crypto also broke through the major resistance levels, holding onto $93 levels at the day end.

 

Meanwhile, Ethereum climbed up by 1.03% to $644.56 on Thursday. After a mixed start of the day, the crypto tumbled down to an early morning low $637.50 before hitting a morning high. It left the major support and resistance levels untested though.

 

On Wednesday, Ethereum soared by 8.30%. After also gaining 0.46% on Tuesday, the crypto ended the day at $637.98. However, a bearish start of the day caused Ethereum to slid to a mid-morning intraday low $581.21 before moving.

 

Still, the crypto managed to steer clear of the first major support level at $579.81, and afterwards, Ethereum rallied to a late intraday high.

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The crypto also broke through the day’s major resistance levels, along with the previous current year’s high of $636.53. Despite a partial pullback, it also held well above the third major resistance level at $624.20.

 

How did Ripple’s XRP fare?

 

Ripple’s XRP climbed up by 0.71% to $0.57416 on Thursday. After a mixed start of the day, the crypto plummeted down to an early morning low $0.56762 before soaring to a high $0.58299. But it left the major support and resistance levels untested so far.

 

On Wednesday, Ripple’s XRP rallied by 21.67%. After reversing a 5.85% plunge from Tuesday, the crypto ended the day at $0.5701.

 

Afterwards, Ripple’s XRP tumbled down to an early morning intraday low $0.43727 before moving again. The crypto also slid through the first major support level at $0.4542, as well as the second major support level at $0.4396.

 

However, it steered clear of sub-$0.40 levels and rallied to a late intraday high $0.57500. Furthermore, Ripple’s XRP managed to break through the day’s major resistance levels, along with the 38.2% FIB of $0.5285, ending the day at $0.57 levels.

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