Daily Video Tech Analysis of Bitcoin, Ethereum, Litecoin, and Ripple’s XRP
Ethereum rallied by 4.16% on Tuesday. Following a 3.51% gain on Monday, Ethereum ended the day at $4,635.
A mixed morning saw Ethereum fall to a late morning intraday low $4,351 before making a move. Steering clear of the first major support level at $4,332, Ethereum rallied to an early afternoon intraday high $4,759.
Ethereum broke through the first major resistance level at $4,516 and the second major resistance level at $4,583. Coming up against the third major resistance level at $4,767, however, Ethereum eased back to end the day at sub-$4,700 levels.
At the time of writing, Ethereum was up by 0.72% to $4,668. A mixed start to the day saw Ethereum fall to an early morning low $4,606 before rising to a high $4,671.
Ethereum left the major support and resistance levels untested early on.