Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 12th, 2020

Ethereum

Ethereum fell by a further 2.65% on Friday. Following on from a 2.61% decline on Thursday, Ethereum ended the day at $544.23.

It was a mixed start to the day. Ethereum rose to an early morning intraday high $560.62 before hitting reverse.

Falling short of the first major resistance level at $573.35, Ethereum slid to a mid-morning intraday low $535.50.

The reversal saw Ethereum fall through the first major support level at $545.56 before a brief recovery to $550 levels.

A bearish end to…


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