Litecoin
Litecoin slid by 4.68% on Sunday. Reversing a 1.94% achieve from Saturday, Litecoin ended the week up by 4.71% to $37.11.
It was a bearish finish to the week. Litecoin slid from an early morning intraday excessive $39.19 to a late intraday low $37.01.
Falling in need of the foremost resistance ranges, Litecoin fell via the primary main assist stage at $37.15.
Whereas discovering assist late within the day, the primary main assist stage pinned Litecoin again.
On the time of writing, Litecoin was up by 2.78% to $38.14. A bullish begin to the day noticed Litecoin rise from an early morning low $37.10 to a excessive $38.28.
Litecoin left the foremost assist and resistance ranges untested early on.
For the day forward
Litecoin would want to keep away from sub-$37.80 ranges to assist one other run the primary main resistance stage at $38.53.
Help from the broader market could be wanted, nevertheless, for Litecoin to interrupt out from the morning excessive $38.28.
Barring an prolonged crypto rally, the primary main resistance at $38.53 would possible pin Litecoin again from $39 ranges.
Failure to keep away from sub-$37.80 ranges might see Litecoin hit reverse.
A fall again via the morning low $37.10 would convey the primary main assist stage at $36.35 into play.
Barring a crypto sell-off, nevertheless, Litecoin ought to avoid the second main assist stage at $35.59.
Trying on the Technical Indicators
Main Help Stage: $36.35
Main Resistance Stage: $38.53
23.6% FIB Retracement Stage: $62
38.2% FIB Retracement Stage: $78
62% FIB Retracement Stage: $104
Stellar’s Lumen
Stellar’s Lumen slid by 5.62% on Sunday. Following on from a 0.52% decline on Saturday, Stellar’s Lumen finish the week up by 3.67% to $0.037807.
Monitoring the broader market, Stellar’s Lumen slid from an early morning intraday excessive $0.040059 to a late intraday low $0.037333.
Stellar’s Lumen fell via the primary main assist stage at $0.03889 and the second main assist stage at $0.03762.
Discovering late assist, Stellar’s Lumen broke again via the second main assist stage to restrict the loss on the day.
On the time of writing, Stellar’s Lumen was up by 4.68% to $0.039576. A bullish begin to the day noticed Stellar’s Lumen rally from an early morning low $0.037837 to a excessive $0.039576.
Stellar’s Lumen broke via the primary main resistance stage at $0.03947 early on.
For the day forward
Stellar’s Lumen would want to carry above the primary main resistance stage to assist a run on the second main resistance stage to $0.04113.
Help from the broader market could be wanted, nevertheless, for Stellar’s Lumen to interrupt out from Sunday’s excessive $0.040059.
Barring an prolonged crypto rally, resistance at $0.0400 would possible restrict any upside.
Failure to maneuver maintain above the primary main resistance stage might see Stellar’s Lumen surrender the morning good points.
A fall again via to sub-$0.03840 ranges would convey the primary main assist stage at $0.03674 into play.
Barring an prolonged crypto sell-off, nevertheless, Stellar’s Lumen ought to avoid sub-$0.036 assist ranges.
Trying on the Technical Indicators
Main Help Stage: $0.03674
Main Resistance Stage: $0.03947
23.6% FIB Retracement Stage: $0.1051
38% FIB Retracement Stage: $0.1433
62% FIB Retracement Stage: $0.2050
Tron’s TRX
Tron’s TRX slid by 6.08% on Sunday. Reversing a 2.81% achieve from Saturday, Tron’s TRX ended the week up by 4.22% to $0.01071.
Bearish all through the day, Tron’s TRX slid from an early morning intraday excessive $0.011403 to a late intraday low $0.010695.
Tron’s TRX fell via the primary main assist stage at $0.01098 earlier than discovering assist. Despite the late assist, nevertheless, Tron’s TRX failed to interrupt again via to $0.011 ranges.
On the time of writing, Tron’s TRX was up by 3.9% to $0.011128. A bullish begin to the day noticed Tron’s TRX rally from an early morning low $0.010672 to a excessive $0.011166.
Steering away from the foremost assist ranges, Tron’s TRX got here up towards the primary main resistance stage at $0.01118.
For the Day Forward
Tron’s TRX would want to keep away from sub-$0.011 ranges to assist one other run on the first main resistance stage at $0.011180.
Help from the broader market could be wanted, nevertheless, for Tron’s TRX to interrupt out from the morning excessive $0.011166.
Barring an prolonged crypto rally, the primary main resistance at $0.01118 would possible cap any upside.
Failure to keep away from sub-$0.011 ranges might see Tron’s TRX wrestle later within the day.
A fall via to sub-$0.01095 ranges would convey the primary main assist stage at $0.01047 into play.
Barring one other crypto meltdown, nevertheless, Tron’s TRX ought to avoid the second main assist stage at $0.01023.
Trying on the Technical Indicators
Main Help Stage: $0.01047
Main Resistance Stage: $0.01118
23.6% FIB Retracement Stage: $0.0322
38.2% FIB Retracement Stage: $0.0452
62% FIB Retracement Stage: $0.0663
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Thanks, Bob
This article was initially posted on FX Empire
