Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 8th, 2020

Ethereum

Ethereum fell by 1.74% on Monday. Following on from a 0.78% decline on Sunday, Ethereum ended the day at $591.47.

It was a mixed start to the day. Ethereum rose to an early morning intraday high $603.40 before hitting reverse.

Falling short of the first major resistance level at $611.84, Ethereum slid to a late intraday low $584.54.

Ethereum fell through the first major support level at $587.69 before a partial recovery to end the day at $591 levels.

At the time of writing, Ethereum was…


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