Litecoin<\/p>\n
Litecoin rallied by 4.19% on Monday. Following on from a 5.51% breakout on Sunday, Litecoin ended the day at $58.44.<\/p>\n
A mixed start to the day saw Litecoin rise to $57 levels before falling back to a late morning intraday low $55.83.<\/p>\n
Steering clear of the first major support level at $53.71, Litecoin rallied to a mid-afternoon intraday high $59.53.<\/p>\n
Litecoin broke through the first major resistance level at $57.49 and second major resistance level at $58.90 before easing back.<\/p>\n
At the time of writing, Litecoin was up by 3.78% to $60.65. A particularly bullish start to the day saw Litecoin rally from an early morning low $58.47 to a high $60.95.<\/p>\n
Litecoin broke through the first major resistance level at $60.05 early.<\/p>\n
Litecoin would need to break through to $61 levels to support a run at the second major resistance level at $61.66.<\/p>\n
Support from the broader market would be needed, however, for Litecoin to break out from the morning high $60.95.<\/p>\n
Barring an extended crypto rally, resistance at $61 would likely limit any upside. In the event of another crypto breakout, the 23.6% FIB of $62 could come into play later in the day.<\/p>\n
Failure to move through to $61 levels would likely see Litecoin come under pressure.<\/p>\n
A fall back through the morning low $58.47 to sub-$58 levels would bring the first major support level at $56.31 into play.<\/p>\n
Barring a crypto meltdown, however, Litecoin should steer clear of sub-$56 levels on the day.<\/p>\n
Major Support Level: $56.31<\/p>\n
Major Resistance Level: $60.05<\/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 rose by 1.87% on Monday. Following on from a 4.18% rally on Sunday, Stellars Lumen ended the day at $0.059695.<\/p>\n
Tracking the broader market, Stellars Lumen fell to a late morning intraday low $0.058045 before making a move.<\/p>\n
Steering clear of the first major support level at $0.05662, Stellars Lumen rallied to a late afternoon intraday high $0.06100.<\/p>\n
Stellars Lumen broke through the first major resistance level at $0.05947 and the second major resistance level at $0.05947.<\/p>\n
A late pullback saw Stellars Lumen wrap up the day at sub-$0.060 levels.<\/p>\n
At the time of writing, Stellars Lumen was up by 1.27% to $0.060453. A bullish start to the day saw Stellars Lumen rally from an early morning low $0.059914 to a high $0.060651.<\/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 break back through to Mondays high $0.0610 to support a run at the first major resistance level at $0.06112.<\/p>\n
Support from the broader market would be needed, however, for Stellars Lumen to break out from the morning high $0.060651.<\/p>\n
Barring an extended crypto rally, the first major resistance level and Mondays high $0.0610 should limit any upside.<\/p>\n
Failure to move back through to Mondays high $0.061 could see Stellars Lumen hit reverse.<\/p>\n
A fall through to sub-$0.05960 levels would bring the first major support level at $0.05816 into play.<\/p>\n
Barring a crypto meltdown, however, Stellars Lumen should steer well clear of sub-$0.058 levels.<\/p>\n
Major Support Level: $0.05816<\/p>\n
Major Resistance Level: $0.06112<\/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 rose by 1.09% on Monday. Following on from a 4.32% rally on Sunday, Trons TRX ended the day at $0.017113.<\/p>\n
A mixed start to the day saw Trons TRX rise to an early morning high 0.017065. Coming up against the first major resistance level at $0.01707, Trons TRX fell to a late morning intraday low $0.016765.<\/p>\n
Steering clear of the first major support level at $0.01633, Trons TRX rallied to a mid-afternoon intraday high $0.017340.<\/p>\n
Trons TRX broke back through the first major resistance level to come up against the second major resistance level at $0.01732.<\/p>\n
In spite of easing back late in the day, Trons TRX held above the first major resistance level until the day end.<\/p>\n
At the time of writing, Trons TRX was up by 1.81% to $0.017422. A bullish start to the day saw Trons TRX rise from an early morning low $0.017144 to a high $0.017493.<\/p>\n
Steering clear of the major support levels, Trons TRX broke through the first major resistance level at $0.01738.<\/p>\n
Trons TRX would need to move through to $0.01750 levels to support a run at the second major resistance level at $0.017650.<\/p>\n
Support from the broader market would be needed, however, for Trons TRX to break out from the morning high $0.017493.<\/p>\n
Barring an extended crypto rally, first major resistance level, and Mondays high would likely pin Trons TRX back.<\/p>\n
Failure to move through to $0.01750 levels could see Trons TRX hit reverse.<\/p>\n
A fall back through the morning low $0.017144 to sub-$0.01710 levels would bring the first major support level at $0.01681 into play.<\/p>\n
Barring a crypto meltdown, however, Trons TRX should steer clear of the second major support level at $0.01650 on the day.<\/p>\n
Major Support Level: $0.01681<\/p>\n
Major Resistance Level: $0.01738<\/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
<\/p>\n
See more here: <\/p>\n
Litecoin, Stellars Lumen, and Trons TRX Daily Analysis 28\/01\/20 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Litecoin Litecoin rallied by 4.19% on Monday. Continue reading