Litecoin<\/p>\n
Litecoin fell by 2.55% on Sunday. Reversing a 2.15% gain from Saturday, Litecoin ended the week up by 0.30% to $56.97.<\/p>\n
It was a mixed start to the day. Litecoin rose to an early morning intraday high $58.72 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $59.21, Litecoin slid to an early afternoon intraday low $56.10.<\/p>\n
Litecoin fell through the first major support level at $57.11 before briefly moving back through to $57.40 levels.<\/p>\n
A pullback to sub-$57 levels saw Litecoin fall back through the first major support level.<\/p>\n
At the time of writing, Litecoin was up by 0.74% to $57.39. A bullish start to the day saw Litecoin rise from an early morning low $56.97 to a high $57.55.<\/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 $57.26 pivot to support a run at the first major resistance level at $58.43.<\/p>\n
Support from the broader market would be needed, however, for Litecoin to break back through to $58 levels.<\/p>\n
Barring another crypto rally, the first major resistance level and Sundays high $58.72 would likely cap any upside.<\/p>\n
A fall through the $57.26 pivot would bring the first major support level at $55.81 into play.<\/p>\n
Barring an extended crypto sell-off, however, Litecoin should steer clear of sub-$55 levels. The second major support level sits at $54.64.<\/p>\n
First Major Support Level: $55.81<\/p>\n
First Major Resistance Level: $58.43<\/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 2.03% on Sunday. Following on from a 0.97% gain from Saturday, Stellars Lumen ended the week up by 2.73% to $0.10481.<\/p>\n
A bullish start to the day saw Stellars Lumen rise to a late morning intraday high $0.10696 before hitting reverse.<\/p>\n
Stellars Lumen broke through the first major resistance level at $0.10449 and the second major resistance level at $0.10580.<\/p>\n
The reversal saw Stellars Lumen slide to a mid-afternoon intraday low $0.10253 before finding support.<\/p>\n
Steering clear of the first major support level at $0.10158, Stellars Lumen revisited $0.1050 levels before easing back.<\/p>\n
Stellars Lumen broke back through the first major resistance level at $0.10449 in the recovery.<\/p>\n
At the time of writing, Stellars Lumen was up by 1.84% to $0.10674. A bullish start to the day saw Stellars Lumen rise from an early morning low $0.10533 to a high $0.10724.<\/p>\n
Stellars Lumen tested the first major resistance level at $0.1070 early on.<\/p>\n
Story continues<\/p>\n
Stellars Lumen would need to avoid a fall through the $0.10477 pivot to support another run at the first major resistance level at $0.1070.<\/p>\n
Support from the broader market would be needed, however, for Stellars Lumen to break back through the morning high $0.10724.<\/p>\n
Barring a broad-based crypto rally, the first major resistance level would likely limit any upside.<\/p>\n
A fall through the $0.10477 pivot would bring the first major support level at $0.10257 into play.<\/p>\n
Barring another extended crypto sell-off, however, Stellars Lumen should steer of sub-$0.10 levels. The second major support level at $0.10034 should limit any downside.<\/p>\n
First Major Support Level: $0.10257<\/p>\n
First Major Resistance Level: $0.1070<\/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 fell by 0.43% on Sunday. Partially reversing a 3.19% gain from Saturday, Trons TRX ended the week up by 7.38% to $0.020401.<\/p>\n
It was a relatively bullish start to the day. Trons TRX rose to a late morning intraday high $0.020595 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $0.02078, Trons TRX slid to a mid-afternoon intraday low $0.020067.<\/p>\n
Steering clear of the first major support level at $0.01991, Trons TRX briefly revisited $0.02050 levels before falling back into the red.<\/p>\n
At the time of writing, Trons TRX was up by 2.02% to $0.020814. A bullish start to the day saw Trons TRX rise from an early morning low $0.020501 to a high $0.020828.<\/p>\n
Trons TRX broke through the first major resistance level at $0.020640 early on.<\/p>\n
Trons TRX would need to avoid a fall back through the first major resistance level at $0.02064 to support another run at the second major resistance level at $0.02088.<\/p>\n
Support from the broader market would be needed, however, for Trons TRX to break out from the morning high $0.020828.<\/p>\n
Barring an extended crypto rally, the second major resistance level would likely cap any upside.<\/p>\n
A fall back through the first major resistance level would bring the days pivot level at $0.02035 into play.<\/p>\n
Barring an extended crypto sell-off, however, Trons TRX should avoid the first major support level sits at $0.02011.<\/p>\n
First Major Support Level: $0.02011<\/p>\n
First Major Resistance Level: $0.02064<\/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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Litecoin, Stellars Lumen, and Trons TRX Daily Analysis August 10th, 2020 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Litecoin Litecoin fell by 2.55% on Sunday. Reversing a 2.15% gain from Saturday, Litecoin ended the week up by 0.30% to $56.97 Continue reading