Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – January 28th, 2021

Ethereum

Ethereum slid by 9.28% on Wednesday. Reversing a 3.79% gain from Tuesday, Ethereum ended the day at $1,240.96.

A mixed start to the day saw Ethereum rise to an early morning intraday high $1,375.91 before hitting reverse.

Falling short of the first major resistance level at $1,416, Ethereum slid to an early afternoon intraday low $1,206.05.

The sell-off saw Ethereum fall through the first major support level at $1,283 before finding support.

Steering clear of sub-$1,200 support levels,…


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