Bitcoin Cash ABC Struggles at $300<\/p>\n
Bitcoin Cash ABC fell by 0.63% on Friday. Reversing a 0.37% gain from Thursday, Bitcoin Cash ABC ended the day at $298.55.<\/p>\n
Bearish through the morning, Bitcoin Cash ABC fell from an early morning intraday high $300.71 to an early afternoon intraday low $294.33.<\/p>\n
While falling short of the first major resistance level at $303.98, Bitcoin Cash ABC fell through the first major support level at $296.05.<\/p>\n
Finding late support, Bitcoin Cash ABC recovered to $298 levels to limit the downside on the day.<\/p>\n
At the time of writing, Bitcoin Cash ABC was down by 0.36% to $297.48. A mixed start to the day saw Bitcoin Cash ABC rise to an early morning high $298.94 before falling to a low $297.48.<\/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 $298 would support a run at the first major resistance level at $300.97.<\/p>\n
Bitcoin Cash ABC would need the support of the broader market, however, to break through to $300 levels.<\/p>\n
Barring a broad-based crypto rebound, Fridays high $300.7 and first major resistance level would likely limit any upside.<\/p>\n
Failure to move back through to $298 levels could see Bitcoin Cash ABC slide deeper into the red. A fall through to $296 levels would bring the first major support level at $294.76 into play.<\/p>\n
Barring a crypto meltdown, Bitcoin Cash ABC should steer clear of sub-$290 levels. The second major support level at $291.52 should limit any downside on the day.<\/p>\n
Litecoin fell by 0.16% on Friday. Following on from a 0.80% decline on Thursday, Litecoin ended the at $69.09.<\/p>\n
A bearish start to the day saw Litecoin tumble from an early morning intraday high $69.69 to a late afternoon intraday low $67.10.<\/p>\n
Falling short of the major resistance levels, Litecoin fell through the first major support level at $68.38 and second major support level at $67.48.<\/p>\n
Finding support from the broader market, a late recovery to $69 levels limited the downside on the day.<\/p>\n
At the time of writing, Litecoin was down by 0.33% to $68.86. Tracking the broader market, Litecoin fell from an early morning high $69.49 to a low $68.49 before finding support.<\/p>\n
Litecoin steered clear of the major support and resistance levels early on.<\/p>\n
For the day ahead, holding above $68.60 levels through the morning would support another run at the first major resistance level at $70.15.<\/p>\n
Litecoin would need the support of the broader market, however, to break out from this mornings high $69.49 and Fridays high $69.69.<\/p>\n
Barring a broad-based crypto rebound, however, we would expect Litecoin to continue to fall short of $70 levels.<\/p>\n
Failure to hold above $68.60 levels could see Litecoin take a bigger hit on the day. A fall through to $68.20 levels would bring the first major support level at $67.56 into play.<\/p>\n
We would expect Litecoin to steer clear of sub-$67 support levels, however.<\/p>\n
Story continues<\/p>\n
Ripples XRP rose by 0.55% on Friday. Reversing a 0.29% fall from Thursday, Ripples XRP ended the day at $0.25615.<\/p>\n
A choppy start to the day saw Ripples XRP rise to a mid-morning high $0.25660 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $0.2578, Ripples XRP fell to a late morning intraday low $0.25265. Ripples XRP came within range of the first major support level at $0.2520 before rallying to a late afternoon intraday high $0.25669.<\/p>\n
Falling short of the major resistance levels, Ripples XRP fell back to $0.2530 levels before late support kicked in.<\/p>\n
At the time of writing, Ripples XRP was down by 0.30% to $0.25539. A mixed start to the day saw Ripples XRP rise to an early morning high $0.25650 before falling to a low $0.25508.<\/p>\n
Ripples XRP left the major support and resistance levels untested early on.<\/p>\n
For the day ahead, a move back through to $0.2560 levels would support a run at the first major resistance level at $0.2577.<\/p>\n
Ripples XRP would need the support of the broader market, however, to break out from Fridays high $0.25669.<\/p>\n
Barring a broad-based crypto rebound, Ripples XRP would likely fall short of $0.26 levels for a 3rd consecutive day. The second major resistance level at $0.2592 would limit any major moves on the day.<\/p>\n
Failure to move back through to $0.2560 levels could see Ripples XRP slide deeper into the red. A fall through the morning low $0.25508 would bring the first major support level at $0.2520 into play.<\/p>\n
Barring a crypto meltdown, we would expect Ripples XRP to steer clear of sub-$0.25 levels. The second major support level at $0.2511 would limit any downside on the day.<\/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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Continued here: <\/p>\n
Bitcoin Cash ABC, Litecoin and Ripple Daily Analysis 14\/09\/19 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Bitcoin Cash ABC Struggles at $300 Bitcoin Cash ABC fell by 0.63% on Friday. Reversing a 0.37% gain from Thursday, Bitcoin Cash ABC ended the day at $298.55. Bearish through the morning, Bitcoin Cash ABC fell from an early morning intraday high $300.71 to an early afternoon intraday low $294.33 Continue reading