Litecoin<\/p>\n
Litecoin rose by 4.61% on Tuesday. Following on from a 10.91% rally on Monday, Litecoin ended the day at $55.85.<\/p>\n
It was a mixed start to the day. Litecoin rose to an early morning high $54.68 before falling to a late morning intraday low $51.71.<\/p>\n
Steering clear of the first major support level at $48.12, Litecoin rallied to a late afternoon intraday high $57.99.<\/p>\n
Litecoin broke through the first major resistance level at $57.46 before easing back.<\/p>\n
At the time of writing, Litecoin was up by 0.21% to $55.97. A mixed start to the day saw Litecoin rise to an early morning high $56.28 before falling to a low $55.22.<\/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 $55.18 pivot to support a run at the first major resistance level at $58.66.<\/p>\n
Support from the broader market would be needed, however, for Litecoin to break out from Tuesdays high $57.99.<\/p>\n
Barring another crypto rally, the first major resistance level would likely cap any upside.<\/p>\n
Failure to avoid a fall through the $55.18 pivot would bring the first major support level at $52.38 into play.<\/p>\n
Barring an extended crypto sell-off, however, Litecoin should steer clear of sub-$50 levels. The second major support level sits at $48.90.<\/p>\n
First Major Support Level: $52.38<\/p>\n
First Major Resistance Level: $58.66<\/p>\n
23.6% FIB Retracement Level: $54<\/p>\n
38.2% FIB Retracement Level: $78<\/p>\n
62% FIB Retracement Level: $104<\/p>\n
Stellars Lumen rose by 3.66% on Tuesday. Partially reversing a 4.75% slide from Monday, Stellars Lumen ended the day at $0.097659.<\/p>\n
It was a bearish start to the day. Stellars Lumen fell to an early morning intraday low $0.093592 before making a move.<\/p>\n
Steering clear of the first major support level at $0.08854, Stellars Lumen rallied to a late intraday high $0.098536.<\/p>\n
Falling short of the first major resistance level at $0.10061, Stellars Lumen eased back to end the day at $0.097 levels.<\/p>\n
At the time of writing, Stellars Lumen was up 0.33% to $0.097977. A mixed start to the day saw Stellars Lumen fall to an early morning low $0.096459 before rising to a high $0.098268.<\/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 $0.09660 pivot to support a run at the first major resistance level at $0.9960.<\/p>\n
Support from the broader market would be needed, however, for Stellars Lumen to break out from Tuesdays high $0.0.098536.<\/p>\n
Barring a broad-based crypto rally, the first major resistance level would likely limit any upside.<\/p>\n
Failure to avoid a fall through the $0.09660 pivot would bring the first major support level at $0.09466 into play.<\/p>\n
Barring another extended crypto sell-off, however, Stellars Lumen should steer well clear of the second major support level at $0.09165.<\/p>\n
First Major Support Level: $0.09466<\/p>\n
First Major Resistance Level: $0.09660<\/p>\n
23.6% FIB Retracement Level: $0.09960<\/p>\n
38% FIB Retracement Level: $0.14336518<\/p>\n
62% FIB Retracement Level: $0.2050<\/p>\n
Trons TRX rose by 2.26% on Tuesday. Following on from a 0.94% gain on Monday, Trons TRX ended the day at $0.019179.<\/p>\n
It was a mixed start to the day. Trons TRX rose to an early morning high $0.019031 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $0.019040, Trons TRX slid to a late morning intraday low $0.018233.<\/p>\n
Steering clear of the first major support level at $0.01791, Trons TRX rallied to a late intraday high $0.019500.<\/p>\n
Trons TRX broke through the first major resistance level at $0.01940 before falling back to sub-$0.019 levels.<\/p>\n
Finding late support, however, Trons TRX recovered to end the day at $0.019 levels.<\/p>\n
At the time of writing, Trons TRX was up by 2.15% to $0.019591. A mixed start to the day saw Trons TRX rise fall to an early morning low $0.018989 before rising to a high $0.019729.<\/p>\n
Trons TRX broke through the first major resistance level at $0.019710 early on.<\/p>\n
Trons TRX would need to avoid a fall through the $0.01897 pivot level to support another run at the first major resistance level at $0.01971.<\/p>\n
Support from the broader market would be needed, however, for Trons TRX to break out from the morning high $0.019729.<\/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 $0.01897 pivot level would bring the first major support level at $0.01844 into play.<\/p>\n
Barring an extended crypto sell-off, Trons TRX should steer clear of sub-$0.018 levels. The second major support level sits at $0.01770.<\/p>\n
First Major Support Level: $0.01844<\/p>\n
First Major Resistance Level: $0.01971<\/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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Continued here:<\/p>\n
Litecoin, Stellars Lumen, and Trons TRX Daily Analysis July 29th, 2020 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Litecoin Litecoin rose by 4.61% on Tuesday. Following on from a 10.91% rally on Monday, Litecoin ended the day at $55.85. It was a mixed start to the day Continue reading