Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 20th, 2021

Ethereum

Ethereum tumbled by 27.63% on Wednesday. Reversing a 2.82% gain from Tuesday, Ethereum ended the day at $2,443.91.

A mixed start to the day saw Ethereum rise to an early morning intraday high $3,444.96 before hitting reverse.

Falling short of the first major resistance level at $3,549, Ethereum tumbled to an early afternoon intraday low $1,900.00.

Ethereum fell through the day’s major support levels.

More significantly, Ethereum also fell through the 23.6% FIB of $3,369 and the 38.2%…


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