Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – August 6th, 2021

Ethereum

Ethereum rose by 3.84% on Thursday. Following an 8.63% rally on Wednesday, Ethereum ended the day at $2,829.39.

A bearish start to the day saw Ethereum fall to a mid-day intraday low $2,534.30 before making a move.

Coming within range of the first major support level at $2,530, Ethereum rallied to a late intraday high $2,845.00.

Ethereum broke through the 38.2% FIB of $2,740 to test the first major resistance level at S2,845 before easing back.

At the time of writing, Ethereum was up by…


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