Litecoin<\/p>\n
Litecoin fell by 0.62% on Wednesday. Following on from a 0.59% decline on Tuesday, Litecoin ended the day at $40.08.<\/p>\n
A bearish start to the day saw Litecoin fall from an early morning high $40.38 to a late morning intraday low $39.36.<\/p>\n
Steering clear of the major resistance levels, Litecoin fell through the first major support level at $39.50 before striking a mid-day intraday high $40.39.<\/p>\n
Through the 2nd half of the day, Litecoin found support at the first major support level for a 2nd time before recovering to $40 levels to limit the loss on the day.<\/p>\n
At the time of writing, Litecoin was down by 0.6% to $39.84. A bearish start to the day saw Litecoin fall from an early morning high $40.13 to a low $39.76.<\/p>\n
Litecoin left the major support and resistance levels untested early on.<\/p>\n
Litecoin would need to move back through to $40.00 levels to support a run at the first major resistance level at $40.53.<\/p>\n
Litecoin would need the support of the broader market to break out from the morning high $40.13.<\/p>\n
Barring a crypto rally, however, the first major resistance at $40.53 and Wednesdays high $40.39 would likely cap any upside.<\/p>\n
Failure to move back through to $40.00 levels could see Litecoin slide deeper into the red.<\/p>\n
A fall back through the morning low $39.76 would bring the first major support level at $39.50 into play.<\/p>\n
Barring an extended sell-off, however, Litecoin should steer clear the second major support level at $38.91.<\/p>\n
Major Support Level: $39.50<\/p>\n
Major Resistance Level: $40.53<\/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 fell by 1.17% on Wednesday. Reversing a 0.24% gain from Tuesday, Stellars Lumen ended the day at $0.044534.<\/p>\n
A bullish start to the day saw Stellars Lumen strike an early morning intraday high $0.045080 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $0.04565, Stellars Lumen slid to a mid-afternoon intraday low $0.044037.<\/p>\n
Stellars Lumen fell through the first major support level at $0.04461 and the second major support level at $0.04413 before finding support.<\/p>\n
In the late part of the day, Stellars Lumen broke back through the major support levels before falling back through the first major support level.<\/p>\n
At the time of writing, Stellars Lumen down by 0.33% to $0.044388. A bearish start to the day saw Stellars Lumen fall to an early morning low $0.044284 before striking a high $0.044388<\/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 move through to $0.04455 levels to support a run at the first major resistance level at $0.04506.<\/p>\n
Support from the broader market would be needed, however, for Stellars Lumen to break through to $0.045 levels.<\/p>\n
Barring a broad-based crypto rally, however, the first major resistance level at $0.04506 levels would likely pin Stellars Lumen back on the day.<\/p>\n
Failure to move through to $0.04455 levels could see Stellars Lumen slide deeper into the red.<\/p>\n
A fall through the morning low $0.044284 would bring the first major support level at $0.04402 into play.<\/p>\n
Barring a crypto meltdown, however, Stellars Lumen should steer clear of the second major support level at $0.04351.<\/p>\n
Major Support Level: $0.04402<\/p>\n
Major Resistance Level: $0.04506<\/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 2.22% on Wednesday. Following on from a 1.15% decline on Tuesday, Trons TRX ended the day at $0.013282.<\/p>\n
A bearish start to the day saw Trons TRX fall from an early morning intraday high $0.013601 to a late afternoon intraday low $0.013043.<\/p>\n
Steering clear of the major resistance levels, Trons TRX fell through the first major support level at $0.01328.<\/p>\n
Finding support late on, Trons TRX bounced back to $0.01340 levels before sliding back. The first major support level limited the downside on the day.<\/p>\n
At the time of writing, Trons TRX was down by 0.44% to $0.013224. A bearish start to the day saw Trons TRX fall from an early morning high $0.013234 to a low $0.013224.<\/p>\n
Trons TRX left the major support and resistance levels untested early on.<\/p>\n
Trons TRX would need to move through to $0.01330 levels to support a run at the first major resistance level at $0.01387.<\/p>\n
Support from the broader market would be needed, however, for Trons TRX to break out from the morning high $0.013234.<\/p>\n
Barring a broad-based crypto rally, the first major resistance level would likely leave Trons TRX short of $0.014 levels.<\/p>\n
Failure to move through to $0.01330 levels could see Trons TRX fall deeper into the red.<\/p>\n
A fall through to sub-$0.01315 levels would bring the first major support level at $0.013020 into play.<\/p>\n
Barring an extended sell-off, however, Trons TRX should steer clear of the second major support level at $0.01275.<\/p>\n
Major Support Level: $0.01302<\/p>\n
Major Resistance Level: $0.01387<\/p>\n
23.6% FIB Retracement Level: $0.0322<\/p>\n
38.2% FIB Retracement Level: $0.0452<\/p>\n
62% FIB Retracement Level: $0.0663<\/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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Read more from the original source: <\/p>\n
Litecoin, Stellars Lumen, and Trons TRX Daily Analysis 26\/12\/19 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Litecoin Litecoin fell by 0.62% on Wednesday. Following on from a 0.59% decline on Tuesday, Litecoin ended the day at $40.08. A bearish start to the day saw Litecoin fall from an early morning high $40.38 to a late morning intraday low $39.36. Continue reading