Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 5th, 2021

Ethereum

Ethereum fell by 5.65% on Tuesday. Partially reversing a 16.32% breakout from Monday, Ethereum ended the day at $3,240.01.

It was a particularly bearish start to the day. Ethereum fell from an early morning high $3,454.80 to an early morning intraday low $3,166.12.

Steering clear of the first major support level at $3,105, Ethereum rallied to an early afternoon intraday high and a new swing hi $3,507.98.

Falling short of the first major resistance level at $3,611, Ethereum slid back to…


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