Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 24th, 2020

Ethereum

Ethereum slid by 8.11% on Wednesday. Reversing a 4.73% gain from Tuesday, Ethereum ended the day at $585.11.

A mixed start to the day saw Ethereum rise to an early morning intraday high $638.75 before hitting reverse.

Falling well short of the first major resistance level at $654.37, Ethereum slid to a late intraday low $551.45.

Ethereum fell through the first major support level at $603.41 and the second major support level at $569.99.

Steering clear of the 23.6% FIB of $536, however,…


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