Litecoin<\/p>\n
Litecoin rose by 2.83% on Wednesday. Following a 4.53% rally on Tuesday, Litecoin ended the day at $45.02.<\/p>\n
It was a mixed start to the day. Litecoin rose to an early morning high $44.00 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $44.66, Litecoin fell to a late morning intraday low $43.22.<\/p>\n
Steering clear of the first major support level at $42.45, Litecoin recovered to a late intraday high $45.17.<\/p>\n
Litecoin fell broke through the first major resistance level at $44.66 to wrap up the day at $45 levels.<\/p>\n
At the time of writing, Litecoin was up by 1.00% to $45.47. A bullish start to the day saw Litecoin rise from an early morning low $44.96 to a high $45.75.<\/p>\n
Litecoin came up against the first major resistance level at $45.72 earl in the day.<\/p>\n
Litecoin would need to avoid a fall through the $44.50 pivot to support another run at the first major resistance level at $45.72.<\/p>\n
Support from the broader market would be needed, however, for Litecoin to break back through to $45.70 levels.<\/p>\n
Barring another crypto rally, the first major resistance level and the morning high $45.75 would likely cap any upside.<\/p>\n
Failure to avoid a fall through the $44.50 pivot would bring the first major support level at $43.77 into play.<\/p>\n
Barring an extended crypto sell-off, however, Litecoin should steer clear of sub-$43 levels. The second major support level sits at $42.52.<\/p>\n
First Major Support Level: $43.77<\/p>\n
First Major Resistance Level: $45.72<\/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 gained 1.10% on Wednesday. Following on from a 2.59% rally on Tuesday, Stellars Lumen ended the day at $0.097241.<\/p>\n
It was a mixed start to the day. Stellars Lumen rose to an early morning high $0.096339 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $0.09887, Stellars Lumen slid to a late morning intraday low $0.094291.<\/p>\n
Finding support the first major support level at $0.09439, Stellars Lumen rallied to a late intraday high $0.098196.<\/p>\n
Coming up short of the first major resistance level at $0.09887, Stellars Lumen eased back to sub-$0.09750 levels.<\/p>\n
At the time of writing, Stellars Lumen was up by 2.12% to $0.099306. A bullish start to the day saw Stellars Lumen rise from an early morning low $0.09737 to a high $0.099396.<\/p>\n
Stellars Lumen broke through the first major resistance level at $0.09886.<\/p>\n
Story continues<\/p>\n
Stellars Lumen would need to avoid a fall through the first major resistance level to support a run at the second major resistance level at $0.10048.<\/p>\n
Support from the broader market would be needed, however, for Stellars Lumen to break out from the morning high $0.099306.<\/p>\n
Barring another broad-based crypto rally, the second major resistance level would likely limit any upside.<\/p>\n
Failure to avoid a fall through the first major resistance level at $0.9886 would bring sub-$0.097 levels into play.<\/p>\n
Barring an extended crypto sell-off, however, Stellars Lumen should avoid the pivot level at $0.09658. The first major support level sits at $0.09496.<\/p>\n
First Major Support Level: $0.09496<\/p>\n
First Major Resistance Level: $0.09886<\/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 2.25% on Wednesday. Following a 2.42% rally on Tuesday, Trons TRX ended the day at $0.017984.<\/p>\n
It was a mixed start to the day. Trons TRX rose to an early morning high $0.017630 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $0.01786, Trons TRX fell to a mid-morning intraday low $0.017425.<\/p>\n
Steering clear of the first major support level at $0.01732, Trons TRX rallied to a late intraday high $0.018001 before easing back.<\/p>\n
Trons TRX broke through the first major resistance level at $0.01786 before easing back to sub-$0.018 levels.<\/p>\n
The second major resistance level at $0.01807 capped the upside on the day.<\/p>\n
At the time of writing, Trons TRX was up by 0.42% to $0.018059. A bullish start to the day saw Trons TRX rise from an early morning low $0.017968 to a high $0.018100.<\/p>\n
Trons TRX left the major support and resistance levels untested early on.<\/p>\n
Trons TRX would need to avoid a fall through the $0.01780 pivot level to support another run at the first major resistance level at $0.018180.<\/p>\n
Support from the broader market would be needed, however, for Trons TRX to break out from the morning high $0.01810.<\/p>\n
Barring an extended crypto rally, the first major resistance level and morning high would likely cap any upside.<\/p>\n
Failure to avoid a fall through the $0.01780 pivot level would bring the first major support level at $0.01761 into play.<\/p>\n
Barring another extended crypto sell-off, Trons TRX should steer clear of sub-$0.01720 levels. The second major support level at $0.01723 should limit any downside.<\/p>\n
First Major Support Level: $0.01761<\/p>\n
First Major Resistance Level: $0.01818<\/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 July 23rd, 2020 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Litecoin Litecoin rose by 2.83% on Wednesday. Following a 4.53% rally on Tuesday, Litecoin ended the day at $45.02 Continue reading