Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 29th, 2021

Ethereum

Ethereum tumbled by 12.07% on Friday. Following a 4.98% decline on Thursday, Ethereum ended the day at $2,413.81.

A mixed start to the day saw Ethereum rise to an early morning intraday high $2,762.91 before hitting reverse.

Falling short of the first major resistance level at $2,880, Ethereum slid to a late intraday low $2,329.2.

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

The extended sell-off also saw Ethereum fall through the second…


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