Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – January 14th, 2021

Ethereum

Ethereum rallied by 7.65% on Wednesday. Reversing a 3.56% loss from Tuesday, Ethereum ended the day at $1,130.80.

A bearish start to the day saw Ethereum fall to an early morning low $980.00 before making a move.

Finding support at the first major support level at $988, Ethereum rallied to a late intraday high $1,137.75.

Ethereum broke through the 23.6% FIB of $1,051 to wrap up the day at $1,120 levels. The first major resistance level at $1,131 pinned Ethereum back late in the day.

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