Litecoin
Litecoin fell by 1.38% on Monday. Following on from Sunday’s 10.22% tumble, Litecoin ended the day at $41.52.
A bullish begin to the day noticed Litecoin strike an early morning intraday excessive $43.14 earlier than hitting reverse.
Falling wanting the primary main resistance stage at $46.11, Litecoin slid to a late afternoon intraday low $39.34.
Litecoin got here inside vary of the primary main assist stage at $39.09 earlier than visiting $42 ranges late within the day. A late pullback left Litecoin within the pink.
On the time of writing, Litecoin was down by 0.05% to $41.50. A combined begin to the day noticed Litecoin rise to an early morning excessive $42.03 earlier than falling to a low $41.35.
Litecoin left the most important assist and resistance ranges untested early on.
For the day forward
Litecoin would wish to maneuver by way of to $42 ranges to assist a run the primary main resistance stage at $43.33.
Help from the broader market could be wanted, nonetheless, for Litecoin to interrupt out from Monday’s excessive $43.14.
Barring an prolonged crypto rally, the primary main resistance stage, and Monday excessive would seemingly restrict any upside.
Failure to maneuver by way of to $42 ranges may see Litecoin battle later within the day.
A fall by way of the morning low $41.35 would convey the primary main assist stage at $39.53 into play.
Barring one other prolonged crypto sell-off, nonetheless, Litecoin ought to steer clear the second main assist stage at $37.53.
Trying on the Technical Indicators
Main Help Degree: $39.53
Main Resistance Degree: $43.33
23.6% FIB Retracement Degree: $62
38.2% FIB Retracement Degree: $78
62% FIB Retracement Degree: $104
Stellar’s Lumen
Stellar’s Lumen slid by 3.56% on Monday. Following on from a 10.00% tumble on Sunday, Stellar’s Lumen ended the day at $0.062631.
Bearish all through the day, Stellar’s Lumen fell from an early morning intraday excessive $0.065014 to a late afternoon intraday low $0.0602238.
Stellar’s Lumen left the most important assist and resistance ranges untested earlier than briefly revisiting $0.062 ranges.
A bearish finish to the day, nonetheless, left Stellar’s Lumen deep within the pink.
On the time of writing, Stellar’s Lumen was down by 0.36% to $0.062405. A combined begin to the day noticed Stellar’s Lumen fall to an early morning low $0.062399 earlier than hanging a excessive $0.062405.
Stellar’s Lumen left the most important assist and resistance ranges untested early on.
For the day forward
Stellar’s Lumen would wish to maneuver by way of to $0.06260 ranges to convey the primary main resistance stage at $0.06502 into play.
Help from the broader market could be wanted, nonetheless, for Stellar’s Lumen to interrupt out from Monday’s excessive $0.065014.
Barring an prolonged crypto rebound, the primary main resistance stage would seemingly restrict any upside.
Failure to maneuver again by way of to $0.06260 ranges may see Stellar’s Lumen fall deeper into the pink.
A fall by way of the morning low $0.062399 would convey the primary main assist stage at $0.06023 into play.
Barring an prolonged crypto sell-off, nonetheless, Stellar’s Lumen ought to avoid sub-$0.060 ranges on the day.
Trying on the Technical Indicators
Main Help Degree: $0.06023
Main Resistance Degree: $0.06502
23.6% FIB Retracement Degree: $0.1051
38% FIB Retracement Degree: $0.1433
62% FIB Retracement Degree: $0.2050
Tron’s TRX
Tron’s TRX fell by 2.02% on Monday. Following on from a 10.77% tumble on Sunday, Tron’s TRX ended the day at $0.01400.
A combined begin to the day noticed Tron’s TRX rise to an early morning intraday excessive $0.014441 earlier than hitting reverse.
Falling wanting the primary main resistance stage at $0.01592, Tron’s TRX slid to a late afternoon intraday low $0.013172.
Steering away from the primary main assist stage at $0.01286, Tron’s TRX recovered to $0.014 ranges.
On the time of writing, Tron’s TRX was down by 0.04% to $0.013995. A combined begin to the day noticed Tron’s TRX rise to an early morning excessive $0.014092 earlier than falling to a low $0.013995.
Tron’s TRX left the most important assist and resistance ranges untested early on.
For the Day Forward
Tron’s TRX would wish to maneuver again by way of to $0.014 ranges to assist a run on the first main resistance stage at $0.01457.
Help from the broader market could be wanted, nonetheless, for Tron’s TRX to interrupt out from Monday’s excessive $0.014442.
Barring an prolonged crypto rebound, the primary main resistance stage and Monday’s excessive $0.014442 would seemingly restrict any upside.
Failure to maneuver by way of to $0.014 ranges may see Tron’s TRX fall slide deeper into the pink.
A fall by way of the morning low to sub-$0.01390 ranges would convey the primary main assist stage at $0.01330 into play.
Barring one other crypto meltdown, nonetheless, Tron’s TRX ought to avoid sub-$0.013 ranges.
Trying on the Technical Indicators
Main Help Degree: $0.01330
Main Resistance Degree: $0.01457
23.6% FIB Retracement Degree: $0.0322
38.2% FIB Retracement Degree: $0.0452
62% FIB Retracement Degree: $0.0663
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Thanks, Bob
This article was initially posted on FX Empire
