Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 18th, 2021

Ethereum

Ethereum slid by 8.41% on Monday. Following a 1.71% decline on Sunday, Ethereum ended the day at $3,283.32.

A mixed start to the day saw Ethereum rise to an early morning intraday high $3,590.00 before hitting reverse.

Falling short of the first major resistance level at $3,861, Ethereum slid to a late afternoon intraday low $3,108.00.

The sell-off saw Ethereum fall through the 23.6% FIB of $3,369 and the first major support level at $3,327.

Finding late morning support, Ethereum briefly…


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