Litecoin<\/p>\n
Litecoin rose by 1.09% on Tuesday. Partially reversing a 4.80% slide from Monday, Litecoin ended the day at $40.70.<\/p>\n
It was a mixed start to the day. Litecoin rose to a mid-morning high $41.06 before sliding to a late morning intraday low $40.15.<\/p>\n
Steering clear of the first major support level at $38.76, Litecoin rallied to a late afternoon intraday high $41.40.<\/p>\n
Falling short of the first major resistance level at $42.56, Litecoin fell back to sub-$41 levels late in the day.<\/p>\n
At the time of writing, Litecoin was flat at $40.70. A mixed start to the day saw Litecoin fall to an early morning low $40.33 before striking a high $40.96.<\/p>\n
Litecoin left the major support and resistance levels untested early on.<\/p>\n
Litecoin would need to move back through to $40.80 levels to support a run the first major resistance level at $41.35.<\/p>\n
Support from the broader market would be needed, however, for Litecoin to breakout out from the morning high $40.96.<\/p>\n
Barring an extended crypto rally, the first major resistance level at $41.35 would likely limit any upside on the day.<\/p>\n
Failure to move through to $40.80 levels could see Litecoin struggle later in the day.<\/p>\n
A fall through the morning low $40.33 would bring the first major support level at $40.10 into play.<\/p>\n
Barring a broad-based crypto sell-off, however, Litecoin should steer clear of the second major support level at $39.50.<\/p>\n
Major Support Level: $40.10<\/p>\n
Major Resistance Level: $41.35<\/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 1.52% on Tuesday. Following on from a 0.94% gain on Monday, Stellars Lumen end the day at $0.051014.<\/p>\n
A mixed start to the day saw Stellars Lumen rise to an early morning high $0.050722 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $0.05162, Stellars Lumen slid to a late morning intraday low $0.049320.<\/p>\n
Steering clear of the first major support level at $0.04805, Stellars Lumen rallied to a late intraday high $0.051774.<\/p>\n
Stellars Lumen broke through the first major resistance level at $0.05162 before easing back to sub-$0.05110 levels.<\/p>\n
At the time of writing, Stellars Lumen was up by 1.54% to $0.051798. A bullish start to the day saw Stellars Lumen rise from an early morning low $0.050892 to a high $0.052117.<\/p>\n
Steering clear of the major support levels, Stellars Lumen tested the first major resistance level at $0.05209 early on.<\/p>\n
Story continues<\/p>\n
Stellars Lumen would need to move back through the first major resistance level at $0.05209 to take a run at $0.053 levels.<\/p>\n
Support from the broader market would be needed, however, for Stellars Lumen to breakout from the morning high $0.052117.<\/p>\n
Barring a broad-based crypto rebound, the first major resistance level would likely limit any upside on the day.<\/p>\n
Failure to move back through the first major resistance level could see Stellars Lumen hit reverse.<\/p>\n
A fall back through to sub-$0.05070 levels would bring the first major support level at $0.04963 into play.<\/p>\n
Barring a broad-based crypto sell-off, however, Stellars Lumen should steer clear of sub-$0.050 levels.<\/p>\n
Major Support Level: $0.04963<\/p>\n
Major Resistance Level: $0.05209<\/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 0.84% on Tuesday. Partially reversing a 3.38% slide from Monday, Trons TRX ended the day at $0.012512.<\/p>\n
A bullish start to the day saw Trons TRX rise to an early morning high $0.012611 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $0.01303, Trons TRX tumbled to a late morning intraday low $0.012346.<\/p>\n
Steering clear of the first major support level at $0.01208, Trons TRX rallied to a late afternoon intraday high $0.012715. Falling short of the first major resistance level at $0.01303, Trons TRX slid back to wrap up the day at $0.01250 levels.<\/p>\n
At the time of writing, Trons TRX was up by 0.55% to $0.012581. A mixed start to the day saw Trons TRX fall to an early morning low $0.012462 before rising to a high $0.012592.<\/p>\n
Trons TRX left the major support and resistance levels untested early on.<\/p>\n
Trons TRX would need to move through to $0.012580 levels to support a run at the first major resistance level at $0.01270.<\/p>\n
Support from the broader market would be needed, however, for Trons TRX to break out from the morning high $0.012592.<\/p>\n
Barring a crypto rally, the first major resistance level at $0.01270 would likely limit any upside.<\/p>\n
Failure to move through to $0.012580 could see Trons TRX hit reverse.<\/p>\n
A fall back through to sub-$0.01252 levels would bring the first major support level at $0.01233 into play.<\/p>\n
Barring an extended crypto sell-off, however, Trons TRX should steer clear of sub-$0.012 levels. The second major support level at $0.01216 should limit any downside.<\/p>\n
Major Support Level: $0.01222<\/p>\n
Major Resistance Level: $0.01270<\/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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Link: <\/p>\n
Litecoin, Stellars Lumen, and Trons TRX Daily Analysis 22\/04\/20 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Litecoin Litecoin rose by 1.09% on Tuesday. Partially reversing a 4.80% slide from Monday, Litecoin ended the day at $40.70 Continue reading