Litecoin
Litecoin slid by 4.08% on Sunday. Following on from a 0.77% decline on Saturday, Litecoin ended the week down by 3.75% to $42.06.
A bullish begin to the day noticed Litecoin rise to a mid-morning intraday excessive $44.56 earlier than hitting reverse.
Arising towards the primary main resistance degree at $44.53, Litecoin slid to a late afternoon low $42.50.
Litecoin fell via the primary main assist degree at $43.46 and second main assist degree at $43.04.
Discovering assist late on, Litecoin briefly recovered to $43.45 ranges earlier than a ultimate home sell-off.
Litecoin slid again via the second main assist degree to an intraday low $42.02.
On the time of writing, Litecoin was up by 1.05% to $42.50. A bullish begin to the day noticed Litecoin rise from an early morning low $41.76 to a excessive $42.70
Litecoin left the foremost assist and resistance ranges untested early on.
For the day forward
Litecoin would want to maneuver again via to $43 ranges to convey the primary main resistance degree at $43.73 into play.
Help from the broader market could be wanted, nevertheless, for Litecoin to breakout from the morning excessive $42.70.
Barring an prolonged crypto rally, the primary main resistance degree would doubtless restrict any upside.
Failure to maneuver again via to $43 ranges may see Litecoin fall again into the crimson.
A fall again via the morning low $41.76 would convey the primary main assist degree at $41.21 into play.
Barring one other prolonged crypto sell-off, nevertheless, Litecoin ought to keep away from the second main assist degree at $40.37.
Trying on the Technical Indicators
Main Help Degree: $41.21
Main Resistance Degree: $43.73
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 4.74% on Sunday. Following on from a 1.28% loss on Saturday, Stellar’s Lumen ended the week down by 7.04% to $0.064001.
A bullish begin to the day noticed Stellar’s Lumen rise to an early morning intraday excessive $0.068167 earlier than hitting reverse.
Falling wanting the primary main resistance degree at $0.06856 Stellar’s Lumen fell to a late afternoon low $0.065418.
The reversal noticed Stellar’s Lumen fall via the primary main assist degree at $0.06629 earlier than briefly recovering to $0.066 ranges.
A ultimate hour sell-off, nevertheless, noticed Stellar’s Lumen slide to an intraday low $0.063814. Stellar’s Lumen slid via the primary main assist degree at $0.06629 and second main assist degree at $0.06537.
On the time of writing, Stellar’s Lumen was up by 1.18% to $0.064755. A bullish begin to the day noticed Stellar’s Lumen rise from an early morning low $0.063783 to a excessive $0.064896.
Stellar’s Lumen left the foremost assist and resistance ranges untested early on.
For the day forward
Stellar’s Lumen would want to maneuver again via to $0.06530 ranges to convey the primary main resistance degree at $0.06684 into play.
Help from the broader market could be wanted, nevertheless, for Stellar’s Lumen to interrupt out from the morning excessive $0.064896.
Barring a broad-based crypto rebound, the primary main resistance degree and Sunday’s excessive $0.068167 would doubtless restrict any upside.
Failure to maneuver via to $0.06530 ranges may see Stellar’s Lumen hit reverse.
A fall via to sub-$0.064 ranges would convey the primary main assist degree at $0.06249 into play.
Barring an prolonged crypto sell-off, nevertheless, Stellar’s Lumen ought to keep away from the second main assist degree at $0.06097.
Trying on the Technical Indicators
Main Help Degree: $0.06249
Main Resistance Degree: $0.06684
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 slid by 5.15% on Sunday. Reversing a 0.95% acquire from Saturday, Tron’s TRX ended the week down by 5.43% to $0.014200.
A bullish begin to the day noticed Tron’s TRX rise to a mid-morning intraday excessive $0.015300 earlier than hitting reverse.
Falling wanting the primary main resistance degree at $0.01546, Tron’s TRX fell to a late afternoon low $0.014464.
Tron’s TRX fell via the primary main assist degree at $0.01469 earlier than briefly recovering to $0.01470 ranges.
A late sell-off, nevertheless, noticed Tron’s TRX slide to an intraday low $0.014200. Tron’s TRX fell via the primary main assist degree at $0.01469 and second main assist degree at $0.01438.
On the time of writing, Tron’s TRX was up by 1.80% to $0.014456. A bullish begin to the day noticed Tron’s TRX rise from an early morning low $0.014117 to a excessive $0.014456.
Tron’s TRX left the foremost assist and resistance ranges untested early on.
For the Day Forward
Tron’s TRX would want to maneuver again via to $0.01460 ranges to assist a run on the first main resistance degree at $0.01493.
Help from the broader market could be wanted, nevertheless, for Tron’s TRX to interrupt out from the morning excessive $0.014456.
Barring a broad-based crypto rebound, the primary main resistance degree would doubtless restrict any upside.
Failure to maneuver via to $0.01460 ranges may see Tron’s TRX hit reverse.
A fall via the morning low $0.014117 would convey the primary main assist degree at $0.01383 into play.
Barring an prolonged crypto sell-off, nevertheless, Tron’s TRX ought to keep away from sub-$0.014 ranges.
Trying on the Technical Indicators
Main Help Degree: $0.01383
Main Resistance Degree: $0.01493
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
