Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 16th, 2020

Ethereum

Ethereum rose by 0.46% on Tuesday. Partially reversing a 0.69% gain from Monday, Ethereum ended the day at $589.08.

A bullish start to the day saw Ethereum rose to an early morning intraday high $597.04 before hitting reverse.

Ethereum broke through the first major resistance level at $593.54 before sliding to a mid-morning intraday low $579.15.

Steering clear of the first major support level at $577.41, Ethereum briefly revisited $593 levels before easing back.

The first major…


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