Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 22nd, 2021

Ethereum

Ethereum slid by 12.26% on Friday. Reversing an 11.55% rally from Thursday, Ethereum ended the day at $2,434.86.

A mixed start to the day saw Ethereum rise to an early morning intraday high $2,950.00 before hitting reverse.

Falling short of the first major resistance level at $3,131, Ethereum slid to a late intraday low $2,105.00.

Ethereum fell through the 38.2% FIB of $2,740 and the first major support level at $2,287.

Steering clear of sub-$2,000, Ethereum broke back through the first…


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