Bitcoin Cash ABC Holds onto $300<\/p>\n
Bitcoin Cash ABC fell by 0.88% on Sunday. Partially reversing a 2.15% rise from Saturday, Bitcoin Cash ABC ended the week down 0.88% at $302.3.<\/p>\n
A bullish start to the day saw Bitcoin Cash ABC rise to an early morning intraday high $307 before easing back.<\/p>\n
Falling short of the first major resistance level at $308.79, Bitcoin Cash ABC eased back to a mid-day low $302.49.<\/p>\n
Steering clear of the major support levels, Bitcoin Cash ABC recovered to $306 levels before sliding back to a late intraday low $302.0.<\/p>\n
In spite of the pullback, Bitcoin Cash ABC steered clear of sub-$300 levels and the first major support level at $297.03.<\/p>\n
At the time of writing, Bitcoin Cash ABC was up by 0.93% to $305.12. A bullish start to the day saw Bitcoin Cash ABC rise from an early morning low $303.33 to a high $305.12.<\/p>\n
Bitcoin Cash ABC left the major support and resistance levels untested early on.<\/p>\n
For the day ahead, Bitcoin Cash ABC would need to steer clear of sub-$304 levels to support another run at the first major resistance level at $305.53.<\/p>\n
Bitcoin Cash ABC would need the support of the broader market, however, to take a run at Sundays high $307.<\/p>\n
Barring an extended rally, Bitcoin Cash ABC would likely come up short of the second major resistance level at $308.77.<\/p>\n
Failure to steer clear of sub-$304 levels could see Bitcoin Cash ABC test the first major support level at $300.53 before any recovery.<\/p>\n
Barring a crypto meltdown, Bitcoin Cash ABC should steer clear of the second major support level at $298.77.<\/p>\n
Litecoin fell by 0.71% on Sunday. Partially reversing a 2.2% decline from Saturday, Litecoin ended the week down 0.44% at $70.14.<\/p>\n
A bullish start to the day saw Litecoin strike an early morning intraday high $71.47 before pulling back.<\/p>\n
Falling short of the first major resistance level at $71.95, Litecoin fell to an early afternoon intraday low $69.71.<\/p>\n
Steering clear of the first major support level at $68.80, Litecoin recovered to $70 levels late on to limit the downside on the day.<\/p>\n
At the time of writing, Litecoin was up by 2.65% to $72.0. A particularly bullish start to the day saw Litecoin rally from an early morning low $70.08 to a high $72.06.<\/p>\n
Litecoin broke through the first major resistance level at $71.17 to come within range of the second major resistance level at $72.20.<\/p>\n
For the day ahead, holding above the first major resistance level would bring the second major resistance level back into play.<\/p>\n
Litecoin would need the support of the broader market, however, to break out from the second major resistance level at $72.2.<\/p>\n
In the event of an extended crypto rally, the third major resistance level at $73.96 would likely come into play.<\/p>\n
Failure to hold above the first major resistance level could see Litecoin give up the morning gains. A fall through to $70.40 levels would bring the first major support level at $69.41 into play.<\/p>\n
Barring a crypto meltdown, Litecoin should steer clear of sub-$69 support levels on the day.<\/p>\n
Story continues<\/p>\n
Ripples XRP fell by 0.56% on Sunday. Partially reversing a 2.34% gain from Saturday, Ripples XRP ended the week down 0.63% at $0.26114.<\/p>\n
A mixed start to the day saw Ripples XRP fall to an early morning low $0.26181 before striking a late morning intraday high $0.2650.<\/p>\n
Falling short of the first major resistance level at $0.2675, Ripples XRP slid to a late afternoon intraday low $0.25915.<\/p>\n
In spite of the pullback, Ripples XRP steered clear of the first major support level at $0.2561. Finding support from the broader market, Ripples XRP moved back through to $0.26 levels late on.<\/p>\n
At the time of writing, Ripples XRP was up by 1.01% to $0.26378. Tracking the broader market, Ripples XRP rose from an early morning low $0.26099 to a high $0.2640.<\/p>\n
Steering clear of the major support levels, Ripples XRP came within range of the first major resistance level at $0.2644.<\/p>\n
For the day ahead, a breakthrough the first major resistance level would give Ripples XRP a run at the second major resistance level at $0.2676.<\/p>\n
Ripples XRP would need the support of the broader market, however, to break out from Sundays high $0.2650.<\/p>\n
Barring an extended rally, the first major resistance level, and Sundays high would likely cap any upside.<\/p>\n
Failure to break through the first major resistance level could see Ripples XRP come under pressure.A fall through the morning low $0.26099 would bring the first major support level at $0.2585 into play.<\/p>\n
Barring a crypto meltdown, Ripples XRP should steer clear of the second major support level at $0.2559.<\/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
<\/p>\n
See the original post here:<\/p>\n
Bitcoin Cash ABC, Litecoin and Ripple Daily Analysis 16\/09\/19 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Bitcoin Cash ABC Holds onto $300 Bitcoin Cash ABC fell by 0.88% on Sunday. Partially reversing a 2.15% rise from Saturday, Bitcoin Cash ABC ended the week down 0.88% at $302.3. A bullish start to the day saw Bitcoin Cash ABC rise to an early morning intraday high $307 before easing back. Continue reading