Litecoin<\/p>\n
Litecoin slid by 7.39% on Tuesday. Following on from an 8.13% tumble on Monday, Litecoin ended the day at $36.98.<\/p>\n
A bearish start to the day saw Litecoin fall from an early morning intraday high $40.06 to an early afternoon low $37.87.<\/p>\n
Steering clear of the major resistance levels, Litecoin fell through the first major support level at $38.08 to a new swing lo.<\/p>\n
A recovery to $39 levels was brief, with Litecoin sliding to a late intraday low and new swing lo $36.16.<\/p>\n
Litecoin fell through the first major support level at $38.08 and second major support level at $36.27 before closing out at $36.98<\/p>\n
At the time of writing, Litecoin was up by 1.27% to $37.45. A bullish start to the day saw Litecoin rise from an early morning low $36.73 to a high $37.78.<\/p>\n
Litecoin left the major support and resistance levels untested early on.<\/p>\n
Litecoin would need to move back through to $37.75 levels to support a run at the first major resistance level at $39.31.<\/p>\n
Support from the broader market would be needed for Litecoin to break out from $38 levels.<\/p>\n
Barring a broad-based crypto rally, however, Litecoin would likely fall well short of $40 levels on the day.<\/p>\n
Failure to move through to $37.75 levels could see Litecoin resume the downward trend.<\/p>\n
A fall back through the morning low $36.73 would bring the first major support level at $35.41 into play.<\/p>\n
Barring an extended sell-off, however, Litecoin should steer clear of sub-$34 levels and the second major support level at $33.83.<\/p>\n
Major Support Level: $35.41<\/p>\n
Major Resistance Level: $39.31<\/p>\n
23.6% FIB Retracement Level: $62<\/p>\n
38.2% FIB Retracement Level: $78<\/p>\n
62% FIB Retracement Level: $104<\/p>\n
Stellars Lumen tumbled by 8.30% on Tuesday. Following on from a 7.22% slide on Monday, Stellars Lumen ended the day at $0.04347.<\/p>\n
Bearish throughout the day, Stellars Lumen slid from an early morning intraday high $0.047402 to a late intraday low and new swing lo $0.042389.<\/p>\n
Stellars Lumen fell through the first major support level at $0.04595 and second major support level at $0.04454.<\/p>\n
A late move back through to $0.043 levels reduced the deficit for the day.<\/p>\n
At the time of writing, Stellars Lumen was up by 3.21% to $0.044864. A bullish start to the day saw Stellars Lumen rally from an early morning low $0.043403 to a high $0.044864.<\/p>\n
Stellars Lumen left the major support and resistance levels untested early on.<\/p>\n
Story continues<\/p>\n
Stellars Lumen would need to steer clear of $0.044 levels to support a run at the first major resistance level at $0.04645.<\/p>\n
Support from the broader market would be needed for Stellars Lumen to break out from $0.045 levels.<\/p>\n
Barring a broad-based crypto rally, however, the first major resistance level would likely pin Stellars Lumen back Tuesdays high $0.047402.<\/p>\n
Failure to steer clear of $0.044 levels could see Stellars Lumen slide back into the red.<\/p>\n
A fall back through to sub-$0.044 levels would bring the first major support level at $0.04144 into play.<\/p>\n
Barring a crypto meltdown, however, Stellars Lumen should steer clear of sub-$0.040 levels.<\/p>\n
Major Support Level: $0.04144<\/p>\n
Major Resistance Level: $0.04645<\/p>\n
23.6% FIB Retracement Level: $0.1051<\/p>\n
38% FIB Retracement Level: $0.1433<\/p>\n
62% FIB Retracement Level: $0.2050<\/p>\n
Trons TRX slid by 7.01% on Tuesday. Following on from a 3.99% fall on Monday, Trons TRX ended the day at $0.01249.<\/p>\n
A mixed start to the day saw Trons TRX fall from an early intraday high $0.013443 to a mid-morning $0.013261.<\/p>\n
Steering clear of the major support and resistance levels, Trons TRX recovered to $0.01343 levels before hitting reverse.<\/p>\n
The reversal saw Trons TRX slide through the first major support level at $0.01308 and second major support level at $0.01273 to an intraday low $0.012281.<\/p>\n
At the time of writing, Trons TRX was up by 1.88% to $0.012725. A bullish start to the day saw Trons TRX rise from an early morning low $0.012470 to a high $0.012797.<\/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 $0.01280 levels to support a run at the first major resistance level at $0.01321.<\/p>\n
Support from the broader market would be needed, however, for Trons TRX to break back through to $0.013 levels.<\/p>\n
Barring a broad-based crypto rebound, the first major resistance level would likely leave Trons TRX short of Tuesdays high $0.013443.<\/p>\n
Failure to move back through to $0.01280 levels could see Trons TRX hit reverse.<\/p>\n
A fall back through the morning low $0.012470 would bring the first major support level at $0.01204 into play.<\/p>\n
Barring an extended sell-off, however, Trons TRX should steer clear of sub-$0.012 support levels.<\/p>\n
Major Support Level: $0.01308<\/p>\n
Major Resistance Level: $0.01389<\/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
<\/p>\n
Continue reading here:<\/p>\n
Litecoin, Stellars Lumen, and Trons TRX Daily Analysis 18\/12\/19 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Litecoin Litecoin slid by 7.39% on Tuesday. Following on from an 8.13% tumble on Monday, Litecoin ended the day at $36.98. A bearish start to the day saw Litecoin fall from an early morning intraday high $40.06 to an early afternoon low $37.87. Continue reading