Litecoin<\/p>\n
Litecoin rose by 0.39% on Sunday. Partially reversing a 2.68% slide from Saturday, Litecoin ended the week down by 4.80% to $43.41.<\/p>\n
A bearish start to the day saw Litecoin slide to an early morning intraday low $42.88 before finding support.<\/p>\n
Steering clear of the first major support level at $42.75, Litecoin bounced back to a mid-afternoon intraday high $44.04.<\/p>\n
Falling short of the first major resistance level at $44.19, Litecoin fell back to $43.2 levels before finding late support to end the day in the green.<\/p>\n
At the time of writing, Litecoin was down by 1.34% to $42.83. A bearish start to the day saw Litecoin slide from an early morning high $43.51 to a low $42.73.<\/p>\n
Steering clear of the major resistance levels, Litecoin fell through the first major support level at $42.85.<\/p>\n
A move through the first major support level at $42.85 to $43.45 levels would support another day in the green.<\/p>\n
Litecoin would need the support of the broader market, however, to take a run at the first major resistance level at $44.01.<\/p>\n
Barring a broad-based crypto rally, the first major resistance level and Sundays high $44.04 would likely limit any upside.<\/p>\n
Failure to move through to $43.45 levels could see Litecoin slide deeper into the red.<\/p>\n
A fall back through the morning low $42.73 would bring the second major support level at $42.28 into play.<\/p>\n
Barring an extended sell-off, however, Litecoin should steer clear of the third major support level at $41.12.<\/p>\n
Major Support Level: $42.85<\/p>\n
Major Resistance Level: $44.01<\/p>\n
23.6% FIB Retracement Level: $67<\/p>\n
38.2% FIB Retracement Level: $82<\/p>\n
62% FIB Retracement Level: $107<\/p>\n
Stellars Lumen rose 0.38% on Sunday. Partially reversing a 3.46% slide from Saturday, Stellars Lumen ended the week down 9.03% to $0.05110.<\/p>\n
A bearish start to the day saw Stellars Lumen fall to a mid-morning intraday low $0.050654 before finding support.<\/p>\n
Steering clear of the first major support level at $0.05042, Stellars Lumen recovered to an early afternoon intraday high $0.051624.<\/p>\n
Falling short of the first major resistance level at $0.05234, Stellars Lumen eased back to $0.051 levels to limit the upside on the day.<\/p>\n
At the time of writing, Stellars Lumen was down by 0.8% to $0.050687. A mixed start to the day saw Stellars Lumen rose to an early morning high $0.051101 before falling to a low $0.050687.<\/p>\n
Steering clear of the major resistance levels, Stellars Lumen came within range of the first major support level at $0.05066.<\/p>\n
Story continues<\/p>\n
Stellars Lumen would need to move back through to $0.051 levels to support a run at the first major resistance level at $0.05158.<\/p>\n
Support from the broader market would be needed, however, for Stellars Lumen to break out from the morning high $0.051101.<\/p>\n
Barring a broad-based crypto rally, the first major resistance level and Sundays high $0.051624 would likely limit any upside.<\/p>\n
Failure to move through to $0.051 levels could see Stellars Lumen struggle throughout the day.<\/p>\n
A fall through the first major support level at $0.05066 would bring the second major support level at $0.05022 into play.<\/p>\n
Barring a crypto meltdown, however, Stellars Lumen should steer clear of sub-$0.050 levels.<\/p>\n
Major Support Level: $0.0507<\/p>\n
Major Resistance Level: $0.0516<\/p>\n
23.6% FIB Retracement Level: $0.1114<\/p>\n
38% FIB Retracement Level: $0.1484<\/p>\n
62% FIB Retracement Level: $0.2082<\/p>\n
Trons TRX rose by 0.86% on Saturday. Partially reversing a 1.80% slide from Saturday, Trons TRX ended the week down by 5.14% to $0.01400.<\/p>\n
A choppy start to the day saw Trons TRX fall to an early morning intraday low $0.0138 before finding support.<\/p>\n
Steering clear of the first major support level at $0.01353, Trons TRX recovered to a mid-morning intraday high $0.014083.<\/p>\n
Falling short of the first major resistance level at $0.01451, Trons TRX fell back to sub-$0.0140 levels before finding late support to end the day in the green.<\/p>\n
At the time of writing, Trons TRX was down by 0.71% to $0.01390. A bearish start to the day saw Trons TRX fall from an early morning high $0.0140 to a low $0.013899.<\/p>\n
Trons TRX left the major support and resistance levels untested early on.<\/p>\n
Trons TRX would need to move back through to $0.0140 levels to support a run at the first major resistance level at $0.01412.<\/p>\n
Support from the broader market would be needed, however, for Trons TRX to break out from the morning high $0.0140.<\/p>\n
Barring a broad-based crypto rebound, the first major resistance level and Sundays high $0.014083 would likely cap any upside.<\/p>\n
Failure to move back through to $0.0140 levels could see Trons TRX slide deeper into the red.<\/p>\n
A fall back through the morning low $0.013899 would bring the first major support level at $0.01384 into play.<\/p>\n
Barring an extended sell-off, however, Trons TRX should steer clear of sub-$0.01380 levels.<\/p>\n
Major Support Level: $0.01410<\/p>\n
Major Resistance Level: $0.01450<\/p>\n
23.6% FIB Retracement Level: $0.0663<\/p>\n
38.2% FIB Retracement Level: $0.0452<\/p>\n
62% FIB Retracement Level: $0.0322<\/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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Litecoin, Stellars Lumen, and Trons TRX Daily Analysis 16\/12\/19 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Litecoin Litecoin rose by 0.39% on Sunday. Continue reading