Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 17th, 2020

Ethereum

Ethereum rallied by 8.30% on Wednesday. Following on from a 0.46% gain on Tuesday, Ethereum ended the day at $637.98.

A bearish start to the day saw Ethereum fall to a mid-morning intraday low $581.21 before making a move.

Steering clear of the first major support level at $579.81, Ethereum surged to a late intraday high and a new swing hi $639.58.

Ethereum broke through the day’s major resistance levels and the previous current year’s high of $636.53.

In spite of a partial pullback,…


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