Bitcoin Cash ABC Finds Support<\/p>\n
Bitcoin Cash ABC rose by 0.59% on Thursday. Partially reversing a 2.1% slide from Wednesday, Bitcoin Cash ABC ended the day at $300.79.<\/p>\n
A mixed start to the day saw Bitcoin Cash ABC rise to an early morning high $299.86 before hitting reverse. Falling short of the first major resistance level at $305.96, Bitcoin Cash ABC slid to a mid-morning intraday low $294.4.<\/p>\n
Steering clear of the first major support level at $289.75, Bitcoin Cash ABC bounced back to a late intraday high $302.42.<\/p>\n
In spite of the breakout, Bitcoin Cash ABC came up short of the first major resistance level before easing back. Key on the day was the hold onto $300 levels.<\/p>\n
At the time of writing, Bitcoin Cash ABC was down by 0.89% to $298.11. A bearish start to the day saw Bitcoin Cash ABC fall from an early morning high $300.70 to a low $298.<\/p>\n
Bitcoin Cash ABC left the major support and resistance levels untested early on.<\/p>\n
For the day ahead, a move back through to $299.5 levels would support a run at the first major resistance level at $303.98.<\/p>\n
Bitcoin Cash ABC would need the support of the broader market, however, to break out from $300 levels.<\/p>\n
Barring a broad-based crypto rally later in the day, Bitcoin Cash ABC would likely come up short of the second major resistance level at $307.16.<\/p>\n
Failure to move back through to $299.5 could see Bitcoin Cash ABC fall deeper into the red. A fall through to $297 levels would bring the first major support level at $296.05 into play.<\/p>\n
Barring a crypto meltdown, Bitcoin Cash ABC should steer clear of sub-$290 levels on the day. The second major support level at $291.3 would likely limit any downside.<\/p>\n
Litecoin fell by 0.80% on Thursday. Following on from a 1.29% decline on Wednesday, Litecoin ended the at $69.28.<\/p>\n
A bearish start to the day saw Litecoin fall from an early morning intraday high $70 to a mid-morning intraday low $68.29.<\/p>\n
Whilst falling short of the major resistance levels, Litecoin came within range of the first major support level at $68.11.<\/p>\n
Finding support from the broader market, Litecoin recovered to an afternoon high $69.9 before sliding back into the red.<\/p>\n
At the time of writing, Litecoin was up by 0.23% to $69.44. A mixed start to the day saw Litecoin slide from an early morning high $69.63 to a low $68.88 before finding support.<\/p>\n
Litecoin left the major support and resistance levels untested in spite of the choppy start to the day.<\/p>\n
For the day ahead, holding above $69.15 levels would support another run at the first major resistance level at $70.09.<\/p>\n
Support from the broader market would be needed, however, for Litecoin to break out from the morning high $69.63.<\/p>\n
Barring a broad-based crypto rally, Thursdays high $70.0 and first major resistance level would likely limit any upside.<\/p>\n
Failure to hold above $69.15 levels could see Litecoin slide into the red.<\/p>\n
A fall through the morning low $68.88 would bring the first major support level at $68.38 into play before any recovery.<\/p>\n
Barring a crypto meltdown, Litecoin should steer clear of sub-$68 support levels.<\/p>\n
Story continues<\/p>\n
Ripples XRP slipped by 0.29% on Thursday. Following on from a 1.21% decline on Wednesday, Ripples XRP ended the day at $0.25512.<\/p>\n
Tracking the broader market, Ripples XRP fell from an early morning high $0.25660 to a mid-morning intraday low $0.25162.<\/p>\n
Steering clear of the first major support level at $0.2507, Ripples XRP recovered to strike an early afternoon intraday high $0.25735.<\/p>\n
In spite of the rebound, Ripples XRP came up short of the first major resistance level at $0.2611. It was also the first time since 6th September that Ripples XRP failed to visit $0.26 levels.<\/p>\n
A choppy 2nd half of the day saw Ripples XRP slide back to $0.2520 levels before finding support to limit the downside on the day.<\/p>\n
At the time of writing, Ripples XRP was up by 0.5% to $0.25639. A bearish start to the morning saw Ripples XRP fall to an early morning low $0.25404 before striking a high $0.25660.<\/p>\n
Ripples XRP left the major support and resistance levels untested early on.<\/p>\n
For the day ahead, Ripples XRP would need to steer clear of sub-$0.2550 levels to deliver a 1st day in the green for the week.<\/p>\n
A move through the morning high $0.2566 would bring the first major resistance level at $0.2578 into play.<\/p>\n
Ripples XRP would need to move through to $0.2560 levels by early afternoon, however, so support a breakout.<\/p>\n
Barring a broad-based crypto rally, Ripples XRP would likely come up short of $0.26 levels for a 2nd consecutive day.<\/p>\n
A fall through the morning low $0.25404 would bring the first major support level at $0.2520 into play.<\/p>\n
In the event of a crypto meltdown, Ripples XRP could test the second major support level at $0.2490 before any recovery.<\/p>\n
Please let us know what you think in the comments below<\/p>\n
Thanks, Bob<\/p>\n
This article was originally posted on FX Empire<\/p>\n
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Bitcoin Cash ABC, Litecoin and Ripple Daily Analysis 13\/09\/19 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Bitcoin Cash ABC Finds Support Bitcoin Cash ABC rose by 0.59% on Thursday. Continue reading