Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – January 16th, 2021

Ethereum

Ethereum slid by 5.16% on Friday. Partially reversing an 8.89% rally from Thursday, Ethereum ended the day at $1,168.1.

A bullish start to the day saw Ethereum rise to an early morning intraday high $1,255.59 before hitting reverse.

Falling short of the first major resistance level at $1,290, Ethereum slid to a late afternoon intraday low $1,065.0.

The reversal saw Ethereum fall through the first major support level at $1,130, briefly revisiting $1,175 levels.

At the time of writing,…


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