Litecoin

Litecoin rose by 1.11% on Sunday. Following on from a 1.33% gain on Saturday, Litecoin ended the week up by 3.78% to $43.69.

A bullish morning saw Litecoin rally from an intraday low $43.09 to a mid-day intraday high $44.50.

Litecoin broke through the first major resistance level at $43.93 to come up against the second major resistance level at $44.60.

A bearish 2nd half of the day saw Litecoin fall back through to $43 levels to limit the upside on the day. The reversal also saw Litecoin fall back through the first major resistance level at $43.93.

At the time of writing, Litecoin was up by 1.51% to $44.35. A bullish start to the day saw Litecoin rise from an early morning low $43.64 to a high $44.52.

Litecoin broke through the first major resistance level at $44.43 early on.

Litecoin would need to move back through the first major resistance level to bring the second major resistance level at $45.18 into play.

Support from the broader market would be needed, however, for Litecoin to break out from the morning high $44.52.

Barring an extended crypto rally, the first major resistance level and morning high would likely limit any upside.

Failure to move through the first major resistance level could see Litecoin struggle later in the day.

A fall back through to sub-$43.80 levels would bring the first major support level at $43.01 into play.

Barring an extended crypto sell-off, however, Litecoin should steer clear the second major support level at $42.34.

Major Support Level: $43.01

Major Resistance Level: $44.43

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellars Lumen rose by 1.51% on Sunday. Following on from a 1.85% gain on Saturday, Stellars Lumen ended the week up by 6.23% to $0.068994.

A bullish morning saw Stellars Lumen rally from an intraday low $0.067968 to an early afternoon intraday high $0.071519.

Stellars Lumen broke through the first major resistance level at $0.06889 and the second major resistance level at $0.06966.

Falling short of the third major resistance level at $0.07156, Stellars Lumen slid back to sub-$0.069 levels.

The pullback saw Stellars Lumen fall back through the second major resistance level before steadying.

At the time of writing, Stellars Lumen was up by 1.46% to $0.069999. A bullish start to the day saw Stellars Lumen rise from an early morning low $0.068782 to a high $0.069999.

Stellars Lumen left the major support and resistance levels untested early on.

Stellars Lumen would need to move back through to $0.070 levels to bring the first major resistance level at $0.07102 into play.

Support from the broader market would be needed, however, for Stellars Lumen to break out from $0.07050 levels.

Barring an extended crypto rally, the first major resistance level would likely limit any upside.

Failure to move through to $0.070 levels could see Stellars Lumen fall into the red.

A fall through to sub-$0.06950 levels would bring the first major support level at $0.06747 into play.

Barring an extended crypto sell-off, however, Stellars Lumen should steer clear of sub-$0.067 support levels.

Major Support Level: $0.06747

Major Resistance Level: $0.07102

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Trons TRX rose by 0.34% on Sunday. Following on from a 0.76% gain from Saturday, Trons TRX ended the week up by 4.93% to $0.014993.

A relatively bullish start to the day saw Trons TRX rise to a mid-day intraday high $0.015154.

Trons TRX broke through the first major resistance level at $0.01513 before hitting reverse.

The reversal saw Trons TRX slide to a late intraday low $0.014918. In spite of the reversal, Trons TRX steered well clear of the first major support level at $0.01477.

At the time of writing, Trons TRX was up by 1.06% to $0.015151. A bullish start to the day saw Trons TRX rise from an early morning low $0.015016 to a high $0.015151.

Trons TRX broke through the first major resistance level at $0.01513 early on.

Trons TRX would need to avoid sub-$0.015 levels to support a run at the second major resistance level at $0.01526.

Support from the broader market would be needed, however, for Trons TRX to break out from the first major resistance level at $0.01513.

Barring an extended crypto rebound, the first major resistance level and Sundays high $0.015154 would likely limit any upside.

Failure to avoid sub-$0.015 levels could see Trons TRX struggle later in the day.

A fall through the morning low to sub-$0.015 levels would bring the first major support level at $0.01489 into play.

Barring an extended crypto sell-off, however, Trons TRX should steer clear of the second major support level at $0.01479.

Major Support Level: $0.01489

Major Resistance Level: $0.01513

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

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Thanks, Bob

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Litecoin, Stellar's Lumen, and Tron's TRX - Daily Analysis 18/05/20 - FX Empire