Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – January 22nd, 2021

Ethereum

Ethereum slumped by 19.35% on Thursday. Reversing a 0.67% gain from Wednesday, Ethereum ended the day at $1,110.62.

A mixed start to the day saw Ethereum rise to an early morning intraday high $1,390.00 before hitting reverse.

Falling well short of the first major resistance level at $1,446, Ethereum slid to a late intraday low $1,081.00.

The sell-off saw Ethereum fall through the first major support level at $1,271 and the second major support level at $1,165.

More significantly,…


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