Litecoin<\/p>\n
Litecoin fell by 2.82% on Sunday. Following on from a 2.61% fall from Saturday, Litecoin ended the week up 11.98% to $57.57.<\/p>\n
A bullish start to the day saw Litecoin rise to an early morning intraday high $62.50 before hitting reverse.<\/p>\n
Litecoin broke through the first major resistance level at $61.81 and 23.6% FIB of $62 before sliding to a mid-day intraday low $55.33.<\/p>\n
The reversal saw Litecoin slide through the first major support level at $57.33.<\/p>\n
Finding support at the second major support level at $55.39, Litecoin broke back through the first major support level to reduce the loss on the day.<\/p>\n
At the time of writing, Litecoin was down by 0.56% to $57.25. A mixed start to the day saw Litecoin rise to an early morning high $57.84 before falling to a low $56.78.<\/p>\n
Litecoin left the major support and resistance levels untested early on.<\/p>\n
Litecoin would need to break through to $58.50 levels to support a run at the first major resistance level at $61.60.<\/p>\n
Support from the broader market would be needed for Litecoin to move back through $60 levels.<\/p>\n
Barring a broad-based crypto rebound, however, resistance at $60 would likely limit any upside on the day.<\/p>\n
Failure to move back through to $58.50 levels would likely see Litecoin spend the day in the red.<\/p>\n
A fall back through Sundays low $55.33 would bring the first major support level at $54.47 into play.<\/p>\n
Barring a crypto meltdown, however, Litecoin should steer clear of sub-$54 levels on the day.<\/p>\n
Major Support Level: $54.43<\/p>\n
Major Resistance Level: $61.60<\/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 1.87% on Sunday. Reversing a 1.27% gain from Saturday, Stellars Lumen end the week up 22.70% to $0.06010.<\/p>\n
A bullish start to the day saw Stellars Lumen rally to a late morning intraday high $0.066108 before hitting reverse.<\/p>\n
Stellars Lumen broke through the first major resistance level at $0.06568 before sliding to a mid-day intraday low $0.05826.<\/p>\n
Steering clear of the first major support level at $0.05722, Stellars Lumen found support through the 2nd half of the day.<\/p>\n
Stellars Lumen moved back through to $0.061 levels before easing back.<\/p>\n
At the time of writing, Stellars Lumen was down by 1.05% to $0.059469. A mixed start to the day saw Stellars Lumen rise to an early morning high $0.060162 before falling to a low $0.059469.<\/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 $0.06150 levels to support a run at the first major resistance level at $0.06472.<\/p>\n
Support from the broader market would be needed for Stellars Lumen to break out from the morning high to $0.061 levels<\/p>\n
Barring a broad-based crypto rebound, however, Stellars Lumen would likely come up short of the morning high $0.060162.<\/p>\n
Failure to move back through to $0.06150 levels could see Stellars Lumen struggle throughout the day.<\/p>\n
A fall back through Sundays low $0.05826 would bring the first major support level at $0.05687 into play.<\/p>\n
Barring a crypto meltdown, however, Stellars Lumen should steer well clear of sub-$0.0580 levels.<\/p>\n
Major Support Level: $0.05687<\/p>\n
Major Resistance Level: $0.06472<\/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 5.93% on Sunday. Reversing a 1.06% gain from Saturday, Trons TRX ended the week up by 10.64% to $0.016613.<\/p>\n
A bullish start to the day saw Trons TRX rise to an early morning intraday high $0.018081 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $0.01820, Trons TRX fell to a mid-day intraday low $0.015964.<\/p>\n
Trons TRX fell through the first major support level at $0.01723 and the second major support level at $0.01674.<\/p>\n
Through the 2nd half of the day, Trons TRX moved back through to $0.0166 levels to cut the deficit on the day. In spite of the partial recovery, Trons TRX failed to break back through the support levels.<\/p>\n
At the time of writing, Trons TRX was down by 0.23% to $0.016574. A mixed start to the day saw Trons TRX move to an early morning high $0.016704 before falling to a low $0.016514.<\/p>\n
Trons TRX left the major support and resistance levels untested early on.<\/p>\n
Trons TRX would need to move through to $0.01690 levels to bring the first major resistance level at $0.01781 into play.<\/p>\n
Support from the broader market would be needed, however, for Trons TRX to break out from $0.01700 levels.<\/p>\n
Barring a broad-based crypto rebound, resistance at $0.017 would likely cap any upside.<\/p>\n
Failure to move back through to $0.01690 levels could see Trons TRX fall deeper into the red<\/p>\n
A fall back through to Sundays low $0.015964 would bring the first major support level at $0.01569 into play<\/p>\n
Barring a crypto meltdown, however, Trons TRX should steer clear of sub-$0.015 levels and the second major support level at $0.01477.<\/p>\n
Major Support Level: $0.01569<\/p>\n
Major Resistance Level: $0.01781<\/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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Litecoin, Stellars Lumen, and Trons TRX Daily Analysis 20\/01\/20 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Litecoin Litecoin fell by 2.82% on Sunday. Following on from a 2.61% fall from Saturday, Litecoin ended the week up 11.98% to $57.57. Continue reading