Litecoin
Litecoin fell by 1.50% on Monday. Following on from a 1.31% decline on Sunday, Litecoin ended the day at $41.37.
A bearish begin to the day noticed Litecoin tumble from an intraday excessive $42.00 to an early morning intraday low $39.50.
Litecoin fell by way of the primary main assist degree at $41.38 and the second main assist degree at $40.71.
Discovering assist all through the day, Litecoin recovered to a day excessive $41.68 earlier than sliding again.
A last hour pullback noticed Litecoin fall again by way of the primary main assist degree at $41.38.
On the time of writing, Litecoin was down by 0.10% to $41.33. A blended begin to the day noticed Litecoin rise to an early morning excessive $41.58 earlier than falling to a low $41.10.
Litecoin left the main 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 degree at $42.41.
Help from the broader market could be wanted, nevertheless, for Litecoin to breakout out from the morning excessive $41.58.
Barring a broad-based crypto rebound, resistance at $42 would probably depart Litecoin in need of the primary main resistance at $42.41.
Failure to maneuver again by way of to $42 ranges might see Litecoin wrestle all through the day.
A fall again by way of to sub-$41 ranges would carry the primary main assist degree at $39.91 into play.
Barring an prolonged crypto sell-off, nevertheless, Litecoin ought to keep away from a return to sub-$39 assist ranges.
Trying on the Technical Indicators
Main Help Degree: $39.91
Main Resistance Degree: $42.41
23.6% FIB Retracement Degree: $62
38.2% FIB Retracement Degree: $78
62% FIB Retracement Degree: $104
Stellar’s Lumen
Stellar’s Lumen fell by 0.59% on Monday. Following on from a 1.18% decline on Sunday, Stellar’s Lumen ended the day at $0.48379.
A bearish begin to the day noticed Stellar’s Lumen slide to an early morning intraday low $0.045158 earlier than making a transfer.
Stellar’s Lumen fell by way of the primary main assist degree at $0.04807 and the second main assist degree at $0.04690.
Steering away from sub-$0.045 ranges, Stellar’s Lumen rallied to a late intraday excessive $0.048676 earlier than easing again.
Despite the rebound, Stellar’s Lumen got here up properly in need of the primary main resistance degree at $0.05095.
On the time of writing, Stellar’s Lumen was down by 0.39% to $0.048188. A blended begin to the day noticed Stellar’s Lumen rise to an early morning excessive $0.048491 earlier than falling to a low $0.048188.
Stellar’s Lumen left the main assist and resistance ranges untested early on.
For the day forward
Stellar’s Lumen would wish to maneuver again by way of to $0.049 ranges to assist a run on the first main resistance degree at $0.04965.
Help from the broader market could be wanted, nevertheless, for Stellar’s Lumen to breakout from Monday’s excessive $0.48676.
Barring a broad-based crypto rebound, resistance at $0.049 would probably depart Stellar’s Lumen in need of the primary main resistance degree. $0.04965.
Failure to maneuver by way of to $0.049 ranges might see Stellar’s Lumen wrestle all through the day.
A fall again by way of to sub-$0.04740 ranges would carry the primary main assist degree at $0.04613 into play.
Barring an prolonged crypto sell-off, nevertheless, Stellar’s Lumen ought to avoid sub-$0.045 ranges.
Trying on the Technical Indicators
Main Help Degree: $0.04613
Main Resistance Degree: $0.04965
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 0.11% on Monday. Partially reversing a 1.44% achieve from Sunday, Tron’s TRX ended the day at $0.012634.
A bearish begin to the day noticed Tron’s TRX slide to an early morning intraday low $0.012029 earlier than discovering assist.
Tron’s TRX fell by way of the primary main assist degree at $0.012320 earlier than placing a late intraday excessive $0.012663.
Falling properly in need of the primary main resistance degree at $0.01322, Tron’s TRX slid again to sub-$0.01265 ranges and into the purple.
On the time of writing, Tron’s TRX was down by 0.12% to $0.012619. A blended begin to the day noticed Tron’s TRX rise from an early morning low $0.012578 to a excessive $0.012635 earlier than easing again.
Tron’s TRX left the main assist and resistance ranges untested early on.
For the Day Forward
Tron’s TRX would wish to maneuver by way of to $0.01270 ranges to assist a run on the first main resistance degree at $0.01286.
Help from the broader market could be wanted, nevertheless, for Tron’s TRX to breakout from Monday’s excessive $0.012663.
Barring a broad-based crypto rebound, the primary main resistance degree would probably depart Tron’s TRX in need of $0.013 ranges.
Failure to maneuver again by way of to $0.01270 ranges might see Tron’s TRX spend the day within the purple.
A fall by way of to sub-$0.01244 ranges would carry the primary main assist degree at $0.01222 into play.
Barring an prolonged crypto sell-off, nevertheless, Tron’s TRX ought to avoid the second main assist degree at $0.01181.
Trying on the Technical Indicators
Main Help Degree: $0.01222
Main Resistance Degree: $0.01286
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
