Ethereum
Ethereum rose 5.9% on Tuesday. After rallying 6.32% on Monday, Ethereum ended the day at $ 1,103.73.
Another mixed start to the day saw Ethereum climb to an early morning intraday high of $ 1,136.93 before reversing.
Below the first major resistance level at $ 1,178.80, Ethereum slipped to an intraday low of $ 975.00 by mid-morning.
By avoiding the first major support level at $ 896.14, Ethereum bounced back to $ 1,100 late in the day.
At the time of writing, Ethereum was down 1.70% to 1082.83. A mixed start to the day saw Ethereum peak at $ 1,114.24 early in the morning before falling to $ 1,066.62.
Ethereum left major support and resistance levels untested early on.
For the day ahead
Ethereum should avoid a drop from the pivot level to $ 1071.89 to support a run to the first major resistance level at $ 1168.80.
Support from the wider market would however be needed for Ethereum to emerge from Tuesday’s summit …
News Highlights
- According to the source Ripple’s Ethereum, Litecoin, and XRP – Daily Tech Analysis – January 6, 2021
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