Ethereum plummeted down by 1.75% to $1,291.00 on Monday. After a bearish start of the day, the crypto dropped from an early morning high $1,314.10 to a low $1,275.30. Ethereum also left the major support and resistance levels untested thus far.
On Sunday, Ethereum plunged by 4.79%. After trading flat on Saturday, the crypto ended the week lower by 5.75% to $1,313.94. However, it fluctuated during the session, jumping to an early morning intraday high $1,382.00 before pulling back.
It also fell short of the first major resistance level at $1,417 and fell to a late afternoon intraday low $1,283.00. Furthermore, the crypto slid through the first major support level at $1,335, as well as the second major support level at $1,290.
However, it managed to find late support and broke back through the second major support level, ending the day at $1,300 levels.
Meanwhile, Ripple’s XRP tumbled down by 3.46% to $0.47847 on Monday. After a bearish start of the day, the crypto dropped from an early morning high $0.49576 to a low $0.47020. It left the major support and resistance levels untested as well.
On the other hand, Ripple’s XRP skyrocketed by 11.56% on Sunday. After rallying by 56.84% on Saturday, the crypto still ended the week higher by 81.2% to $0.49561. After a mixed start of the day though, it fell to an early morning intraday low $0.38701 before moving.
It steered clear of the first major support level at $0.3094, as well, but then slid through the 38.2% FIB of $0.4070. Despite that, Ripple’s XRP managed to find mid-morning support and rallied to a late morning intraday high $0.5369.
It also broke back through the 38.2% FIB but fell short of the first major resistance level at $0.5485. The 2nd sell-off caused the crypto to drop back to $0.42 levels before ending the day at $0.49 levels.
How did Litecoin fare?
Litecoin also dropped down by 1.25% to $127.96 on Monday. After a bearish start of the day, the crypto plunged from an early morning high $129.69 to a low $127.86. It left the major support and resistance levels untested as well.
On Sunday, Litecoin plunged by 2.96% after losing 0.94% on Saturday and ended the week lower by 8.21% to $129.58.
However, Litecoin soared to an early morning intraday high $135.21 before pulling back. It fell short of the first major resistance level at $137.26, and dropped to a late afternoon intraday low $125.70, ending the day at $129.5 levels at last.
