Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 19th, 2021

Ethereum

Ethereum rose by 2.82% on Tuesday. Partially reversing an 8.41% slide from Monday, Ethereum ended the day at $3,375.96.

A mixed start to the day saw Ethereum fall to an early morning intraday low $3,241.06 before making a move.

Steering clear of the first major support level at $3,064, Ethereum rallied to a late morning intraday high $3,567.40.

Ethereum broke through the 23.6% FIB of $3,369 and the first major resistance level at $3,546 before hitting reverse.

The reversal saw Ethereum…


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