Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 17th, 2021

Ethereum

Ethereum fell by 1.71% on Sunday. Following a 10.56% slide from Saturday, Ethereum ended the week down by 8.73% to $3,585.62.

A mixed start to the day saw Ethereum rise to a late morning intraday high $3,878.23.

Falling short of the first major resistance level at $3,981, Ethereum slid to a late intraday low $3,343.57.

The sell-off saw Ethereum fall through the first major support level at $3,475 before a partial recovery to $3,580 levels.

At the time of writing, Ethereum was down by…


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