Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – June 8th, 2021

Ethereum

Ethereum fell by 4.37% on Monday. Following a 3.1% gain on Sunday, Ethereum ended the day at $2,592.47.

A bullish start to the day saw Ethereum rise to an early afternoon intraday high $2,849.15 before hitting reverse.

Ethereum broke through the first major resistance level at $2,766 and the second major resistance level at $2,821.

More significantly, Ethereum also broke back through the 38.2% FIB of $2,740 before sliding to a late intraday low $2,575.01.

The reversal saw Ethereum fall…


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