Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 28th, 2021

Ethereum

Ethereum slid by 4.98% on Thursday. Partially reversing a 6.72% gain from Wednesday, Ethereum ended the day at $2,745.51.

A mixed start to the day saw Ethereum rise to an early morning intraday high $2,893.96 before hitting reverse.

Falling short of the first major resistance level at $2,987, Ethereum fell to an early morning intraday low $2,639.32.

Ethereum fell through the 38.2% FIB of $2,740 and the first major support level at $2,720.

Finding late morning support, Ethereum revisited…


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