Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – February 5th, 2021

Ethereum

Ethereum fell by 4.26% on Thursday. Partially reversing a 10.23% rally from Wednesday, Ethereum ended the day at $1,597.55.

It was a bullish start to the day. Ethereum rose to an early morning intraday high and a new swing hi $1,699.00 before hitting reverse.

Falling short of the first major resistance level at $1,724, Ethereum slid to a mid-afternoon intraday low $1,556.0.

Finding support at the first major support level at $1,561, Ethereum briefly revisited $1,600 levels before easing…


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