Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – February 12th, 2021
It’s a mixed start to the day for the majors. Avoiding the day’s pivot levels would support further upside on the day.
Ethereum
Ethereum rose by 2.57% on Thursday. Reversing a 1.64% fall from Wednesday, Ethereum ended the day at $1,787.32.
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A bearish start to the day saw Ethereum fall to an early morning intraday low $1,704.23 before making a move.
Steering clear of the first major support level at $1,669, Ethereum rallied to an early afternoon intraday high $1,819.0.
Falling short of the first major resistance level at $1,828 and Wednesday’s swing hi $1,839.0, Ethereum fell back to a low $1,760.0.
Finding late support, however, Ethereum moved back through to $1,780 levels to deliver the upside.