Litecoin<\/p>\n
Litecoin fell by 0.76% on Monday. Following on from a 2.82% slide on Sunday, Litecoin ended the day at $57.10.<\/p>\n
A bearish start to the day saw Litecoin fall to an early afternoon intraday low $55.71 before finding support.<\/p>\n
Steering clear of the first major support level at $54.43, Litecoin struck a late afternoon intraday high $58.19.<\/p>\n
Falling well short of the first major resistance level at $61.60, Litecoin eased back to $57 levels and into the red.<\/p>\n
At the time of writing, Litecoin was up by 0.30% to $57.27. A mixed start to the day saw Litecoin fall to an early morning low $56.86 before striking a high $57.32.<\/p>\n
Litecoin left the major support and resistance levels untested early on.<\/p>\n
Litecoin would need to steer clear of sub-$57.00 levels to support a run at the first major resistance level at $58.29.<\/p>\n
Support from the broader market would be needed for Litecoin to move back through $58 levels.<\/p>\n
Barring a broad-based crypto rally, however, the first major resistance level and Mondays high $58.19 would likely limit any upside.<\/p>\n
Failure to steer clear of sub-$57.00 levels would likely see Litecoin spend the day in the red.<\/p>\n
A fall back through to $56.50 levels would bring the first major support level at $55.81 into play.<\/p>\n
Barring a crypto meltdown, however, Litecoin should steer clear of sub-$55 levels on the day.<\/p>\n
Major Support Level: $55.81<\/p>\n
Major Resistance Level: $58.29<\/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 rallied by 4.19% on Monday. Reversing a 1.87% fall from Sunday, Stellars Lumen to end the day at $0.062675.<\/p>\n
A relatively bearish start to the day saw Stellars Lumen fall to an early morning intraday low $0.059469.<\/p>\n
Steering clear of the first major support level at $0.05687, Stellars Lumen rallied to a late morning intraday high $0.064878.<\/p>\n
Stellars Lumen came up against the first major resistance level at $0.06472 before easing back to $0.061 levels.<\/p>\n
Story continues<\/p>\n
In the mid-afternoon, Stellars Lumen tested the first major resistance level for a 2nd time with a high $0.064777 before easing back.<\/p>\n
At the time of writing, Stellars Lumen was up by 0.43% to $0.062945. A mixed start to the day saw Stellars Lumen fall to an early morning low $0.062030 before rising to a high $0.062945.<\/p>\n
Stellars Lumen left the major support and resistance levels untested early on.<\/p>\n
Stellars Lumen would need to move through to $0.063 levels to support a run at the first major resistance level at $0.06521.<\/p>\n
Support from the broader market would be needed for Stellars Lumen to break out from the Mondays high $0.064878.<\/p>\n
Barring a broad-based crypto rally, however, Stellars Lumen would likely come up short of $0.065 levels on the day.<\/p>\n
Failure to move back through to sub-$0.063 levels could see Stellars Lumen struggle throughout the day.<\/p>\n
A fall back through to sub-$0.06230 would bring the first major support level at $0.05980 into play.<\/p>\n
Barring a broad-based crypto sell-off, however, Stellars Lumen should steer well clear of sub-$0.0600 levels.<\/p>\n
Major Support Level: $0.05980<\/p>\n
Major Resistance Level: $0.06521<\/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 ended the day flat on Monday. Following a 5.93% slide from Sunday, Trons TRX ended the day at $0.016649.<\/p>\n
A mixed start to the day saw Trons TRX rise to an early morning intraday high $0.016745 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $0.01781, Trons TRX slid to an early afternoon intraday low $0.016195.<\/p>\n
Steering clear of the first major support level at $0.01569, Trons TRX recovered to $0.01670 levels before easing back.<\/p>\n
At the time of writing, Trons TRX was down by 0.41% to $0.016580. A bearish start to the day saw Trons TRX fall from an end of Monday $0.016649 to a low $0.016580.<\/p>\n
Trons TRX left the major support and resistance levels untested early on.<\/p>\n
Trons TRX would need to steer clear of sub-$0.01650 levels to support a run at the first major resistance level at $0.016860.<\/p>\n
Support from the broader market would be needed, however, for Trons TRX to break out from Mondays high $0.016754.<\/p>\n
Barring a broad-based crypto rally, Mondays high and first major resistance level would likely cap any upside.<\/p>\n
Failure to steer clear of sub-$0.01650 levels could see Trons TRX fall deeper into the red.<\/p>\n
A fall back through to $0.01640 levels would bring the first major support level at $0.01631 into play<\/p>\n
Barring an extended sell-off, however, Trons TRX should steer clear of sub-$0.016 levels and the second major support level at $0.01598.<\/p>\n
Major Support Level: $0.01631<\/p>\n
Major Resistance Level: $0.01686<\/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 the original here:<\/p>\n
Litecoin, Stellars Lumen, and Trons TRX Daily Analysis 21\/01\/20 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Litecoin Litecoin fell by 0.76% on Monday. Following on from a 2.82% slide on Sunday, Litecoin ended the day at $57.10. A bearish start to the day saw Litecoin fall to an early afternoon intraday low $55.71 before finding support Continue reading