Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 23rd, 2020

Ethereum

Ethereum rallied by 5.96% on Thursday. Following on from a 6.16% gain on Wednesday, Ethereum ended the day at $414.7.

It was a bullish day, with Ethereum rallying from an early morning intraday low $391.33 to a late intraday high $421.47.

The rally saw Ethereum break through the first major resistance level at $406.75. Coming within range of the second major resistance level at $421.96, however, Ethereum slipped back to sub-$415 levels.

At the time of writing, Ethereum was down by 0.34%…


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