Litecoin
Litecoin slid by 4.80% on Monday. Following on from a 4.39% slide on Sunday, Litecoin ended the day at $40.27.
A bullish begin to the day noticed Litecoin rise to an early morning intraday excessive $43.33 earlier than hitting reverse.
Falling wanting the primary main resistance stage at $43.93, Litecoin tumbled to a late intraday low $39.53.
Litecoin fell by the primary main assist stage at $41.10 and the second main assist stage at $39.91.
Discovering late assist from the broader market, Litecoin broke again by the second main assist stage to wrap up the day at $40 ranges.
On the time of writing, Litecoin was up by 0.20% to $40.35. A combined begin to the day noticed Litecoin rise from an early morning low $40.15 to a excessive $40.90.
Litecoin left the foremost assist and resistance ranges untested early on.
For the day forward
Litecoin would want to maneuver again by to $41 ranges to assist a run on the first main resistance stage at $42.56.
Assist from the broader market could be wanted, nonetheless, for Litecoin to breakout out from the morning excessive $40.90.
Barring an prolonged crypto rally, resistance at $41 would possible go away Litecoin wanting the primary main resistance stage at $42.56.
Failure to maneuver by to $41 ranges might see Litecoin battle later within the day.
A fall by the morning low $40.15 would deliver the primary main assist stage at $38.76 into play.
Barring a broad-based crypto sell-off, nonetheless, Litecoin ought to avoid sub-$39 ranges.
Wanting on the Technical Indicators
Main Assist Stage: $38.76
Main Resistance Stage: $42.56
23.6% FIB Retracement Stage: $62
38.2% FIB Retracement Stage: $78
62% FIB Retracement Stage: $104
Stellar’s Lumen
Stellar’s Lumen rose by 0.94% on Monday. Reversing a 3.28% fall from Sunday, Stellar’s Lumen ended the day at $0.049483.
A bullish begin to the day noticed Stellar’s Lumen rise to a mid-morning excessive $0.052323 earlier than falling again to $0.050 ranges.
Stellar’s Lumen broke by the primary main resistance stage at $0.05025 and the second main resistance stage at $0.05148.
Recovering from $0.50 ranges, Stellar’s Lumen rallied to a late afternoon intraday excessive $0.053109 earlier than sliding again.
Stellar’s Lumen broke by the second main resistance stage at $0.05148 earlier than tumbling to a late intraday low $0.048749.
Whereas falling again by the foremost resistance ranges, Stellar’s Lumen steered away from the primary main assist stage at $0.04822.
Discovering late assist, Stellar’s Lumen broke again by the primary main resistance stage earlier than easing again to sub-$0.050.
On the time of writing, Stellar’s Lumen was up by 0.49% to $0.049723. A combined begin to the day noticed Stellar’s Lumen rise to an early morning excessive $0.050722 earlier than falling again to a low $0.049723.
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 by to $0.050 ranges to assist a run on the first main resistance stage at $0.05162.
Assist from the broader market could be wanted, nonetheless, for Stellar’s Lumen to breakout from the morning excessive $0.050722.
Barring a broad-based crypto rebound, resistance at $0.051 would possible go away Stellar’s Lumen wanting the primary main resistance stage.
Failure to maneuver by to $0.050 ranges might see Stellar’s Lumen hit reverse.
A fall by to sub-$0.04950 ranges would deliver the primary main assist stage at $0.04805 into play.
Barring an prolonged crypto sell-off, nonetheless, Stellar’s Lumen ought to avoid sub-$0.048 assist ranges.
Wanting on the Technical Indicators
Main Assist Stage: $0.04805
Main Resistance Stage: $0.05162
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 3.38% on Monday. Reversing a 3.42% fall from Sunday, Tron’s TRX ended the day at $0.012477.
A bullish begin to the day noticed Tron’s TRX rise to an early morning intraday excessive $0.013180 earlier than hitting reverse.
Falling wanting the primary main resistance stage at $0.01333, Tron’s TRX tumbled to a late intraday low $0.012231.
Tron’s TRX fell by the primary main assist stage at $0.01272 and the second main assist stage at $0.01246.
Discovering late assist, Tron’s TRX broke again by the second main assist stage to wrap up the day at $0.01247 ranges.
On the time of writing, Tron’s TRX was down by 0.13% to $0.012451. It was a combined begin to the day. Tron’s TRX rose from an early morning low $0.012408 to a excessive $0.012611 earlier than easing again.
Tron’s TRX left the foremost assist and resistance ranges untested early on.
For the Day Forward
Tron’s TRX would want to maneuver by to $0.01265 ranges to assist a run on the first main resistance stage at $0.01303.
Assist from the broader market could be wanted, nonetheless, for Tron’s TRX to interrupt out from the morning excessive $0.012611.
Barring a crypto rally, the primary main resistance stage at $0.01303 would possible restrict any upside.
Failure to maneuver by to $0.01265 might see Tron’s TRX see purple for a 3rd consecutive day.
A fall again by the morning low $0.012408 would deliver the primary main assist stage at $0.01208 into play.
Barring an prolonged crypto sell-off, nonetheless, Tron’s TRX ought to avoid the second main assist stage at $0.01168.
Wanting on the Technical Indicators
Main Assist Stage: $0.01208
Main Resistance Stage: $0.01358
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
