Litecoin<\/p>\n
Litecoin fell by 1.31% on Sunday. Reversing a 0.22% gain from Saturday, Litecoin ended the week up by 0.60% to $41.59.<\/p>\n
A mixed start to the day saw Litecoin rise to an early morning intraday high $42.22 before hitting reverse.<\/p>\n
Litecoin broke through the first major resistance level at $42.55 before hitting reverse.<\/p>\n
The reversal saw Litecoin slide to a late intraday low $40.75.<\/p>\n
Litecoin fell through the first major support level at $41.08 before recovering to $41.5 levels.<\/p>\n
At the time of writing, Litecoin was up by 0.46% to $41.78. A mixed start to the day saw Litecoin fall to an early morning low $41.53 before rising to a high $41.82.<\/p>\n
Litecoin left the major support and resistance levels untested early in the day.<\/p>\n
Litecoin would need to avoid a fall through the $41.5 pivot to support a run at the first major resistance level at $42.29.<\/p>\n
Support from the broader market would be needed, however, for Litecoin to break back through to $42 levels.<\/p>\n
Barring another crypto rally, the first major resistance level and Sundays high $42.22 would likely cap any upside.<\/p>\n
Failure to avoid a fall through the $41.15 pivot would bring the first major support level at $40.82 into play.<\/p>\n
Barring an extended crypto sell-off, Litecoin should steer clear of sub-$40 levels. The second major support level at $40.05 should limit any downside.<\/p>\n
Major Support Level: $40.82<\/p>\n
Major Resistance Level: $42.29<\/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 fell by 0.95% on Sunday. Reversing a 0.61% gain from Saturday, Stellars Lumen ended the week up by 4.40% to $0.067170.<\/p>\n
A mixed start to the day saw Stellars Lumen rise to an early morning intraday high $0.067813 before taking a hit.<\/p>\n
Coming up short of the first major resistance level at $0.06860, Stellars Lumen fell to a late intraday low $0.065227.<\/p>\n
Stellars Lumen fell through the first major support level at $0.06684 and the second major support level at $0.06588.<\/p>\n
Finding late support, Stellars Lumen move back through the major support levels to wrap up the week at $0.067 levels.<\/p>\n
At the time of writing, Stellars Lumen was down by 0.12% to $0.067092. A bearish start to the day saw Stellars Lumen fall from an early morning high $0.067239 to a low $0.067092.<\/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 avoid a fall through the $0.06675 pivot to support a run at the first major resistance level at $0.06824.<\/p>\n
Support from the broader market would be needed, however, for Stellars Lumen to break out from Sundays high $0.067813.<\/p>\n
Barring another broad-based crypto rally, the first major resistance level and Sundays high would likely limit any upside.<\/p>\n
Failure to avoid a fall through the $0.06675 pivot could see Stellars Lumen struggle throughout the day.<\/p>\n
A pullback through to sub-$0.066 levels would bring the first major support level at $0.06565 into play.<\/p>\n
Barring an extended crypto sell-off, however, Stellars Lumen should steer clear of the second major support level at $0.06415.<\/p>\n
Major Support Level: $0.06565<\/p>\n
Major Resistance Level: $0.06824<\/p>\n
23.6% FIB Retracement Level: $0.1051<\/p>\n
38% FIB Retracement Level: $0.14336518<\/p>\n
62% FIB Retracement Level: $0.2050<\/p>\n
Trons TRX rose by 0.79% on Sunday. Following on from a 1.06% gain on Saturday, Trons TRX ended the week up by 7.56% to $0.016983.<\/p>\n
Tracking the broader market, Trons TRX rose to an early morning high $0.016850 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $0.01694, Trons TRX slid to a late morning intraday low $0.016355.<\/p>\n
Trons TRX fell through the first major support level at $0.01661 and the second major support level at $0.01643.<\/p>\n
A choppy 2nd half of the day saw Trons TRX fall back from $0.0166 levels to sub-$0.0164 levels before a late rebound. The rebound saw Trons TRX strike an intraday high $0.017001 before easing back.<\/p>\n
Trons TRX broke through the first major resistance level at $0.01694 in the final hour.<\/p>\n
At the time of writing, Trons TRX was up by 3.87% to $0.017639. A particularly bullish start to the day saw Trons TRX rally from an early morning low $0.016980 to a high $0.017649.<\/p>\n
Trons TRX broke through the first major resistance level at $0.01720 and the second major resistance level at $0.01743 early on.<\/p>\n
Trons TRX would need to avoid a fall back through the second major resistance to support a run at the third major resistance level at $0.01807.<\/p>\n
Support from the broader market would be needed, however, for Trons TRX to break through to $0.018 levels.<\/p>\n
Barring an extended crypto rally, the third major resistance level would likely cap any upside.<\/p>\n
Failure to avoid a fall through the second major resistance level would bring sub-$0.017 levels back into play.<\/p>\n
Barring another extended crypto sell-off, Trons TRX should steer clear of the first major support level at $0.01656.<\/p>\n
Major Support Level: $0.01656<\/p>\n
Major Resistance Level: $0.01720<\/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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Here is the original post:<\/p>\n
Litecoin, Stellars Lumen, and Trons TRX Daily Analysis July 6th, 2020 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Litecoin Litecoin fell by 1.31% on Sunday. Reversing a 0.22% gain from Saturday, Litecoin ended the week up by 0.60% to $41.59. A mixed start to the day saw Litecoin rise to an early morning intraday high $42.22 before hitting reverse. Continue reading