Litecoin<\/p>\n
Litecoin fell by 1.18% on Wednesday. Following a 1.59% decline on Tuesday, Litecoin ended the day at $47.74.<\/p>\n
A bearish start to the day saw Litecoin fall to an early morning intraday low $47.00 before finding support.<\/p>\n
Litecoin fell through the first major support level at $47.53 before rebounding to a late afternoon intraday high $48.76.<\/p>\n
Falling short of the first major resistance level at $49.72, Litecoin fell back to end the day at sub-$48 levels.<\/p>\n
At the time of writing, Litecoin was up by 3.44% to $49.38. A bullish start to the day saw Litecoin rally from an early morning low $47.65 to a high $49.62.<\/p>\n
Litecoin broke through the first major resistance level at $48.67 and the second major resistance level at $49.59 early on.<\/p>\n
Litecoin would need to avoid a fall back through to sub-$49 levels to support another run at the second major resistance level at $49.59.<\/p>\n
Support from the broader market would be needed, however, for Litecoin to break back through to $49.50 levels.<\/p>\n
Barring an extended crypto rally, the second major resistance level and the morning high $49.62 would likely cap any upside.<\/p>\n
Failure to avoid a fall back through to sub-$49 levels would bring the $47.83 pivot level into play.<\/p>\n
Barring an extended sell-off on the day, however, Litecoin should steer clear of sub-$47 levels. The first major support level sits at $46.91.<\/p>\n
First Major Support Level: $46.91<\/p>\n
First Major Resistance Level: $48.67<\/p>\n
23.6% FIB Retracement Level: $<\/p>\n
38.2% FIB Retracement Level: $71<\/p>\n
62% FIB Retracement Level: $100<\/p>\n
Stellars Lumen rose by 2.73% on Wednesday. Reversing a 2.93% fall from Tuesday, Stellars Lumen ended the day at $0.079945.<\/p>\n
It was a bearish start to the day. Stellars Lumen fell to an early morning intraday low $0.07500 before making a move.<\/p>\n
The reversal saw Stellars Lumen slide through the first major support level at $0.07638.<\/p>\n
Finding support at the second major support level at $0.07493, Stellars Lumen struck a mid-day intraday high $0.081349.<\/p>\n
Story continues<\/p>\n
Stellars Lumen broke through the first major resistance level at $0.08040 before falling back to sub-$0.080 levels.<\/p>\n
At the time of writing, Stellars Lumen was up by 2.39% to $0.081854. A bullish start to the day saw Stellars Lumen rise from an early morning low $0.079449 to a high $0.082205.<\/p>\n
Stellars Lumen left the major support and resistance levels untested early on.<\/p>\n
Stellars Lumen would need to avoid a fall through the $0.07876 pivot to support another run at the first major resistance level at $0.08253.<\/p>\n
Support from the broader market would be needed, however, for Stellars Lumen to break out from the morning high $0.082205.<\/p>\n
Barring a broad-based crypto rally, the first major resistance level would like cap any upside.<\/p>\n
Failure to avoid a fall through the $0.07876 pivot level would bring the first major support level at $0.07618 into play.<\/p>\n
Barring an extended crypto sell-off, however, Stellars Lumen should steer well clear of sub-$0.076 levels. The second major support level sits at $0.07242.<\/p>\n
First Major Support Level: $0.07618<\/p>\n
First Major Resistance Level: $0.08253<\/p>\n
23.6% FIB Retracement Level: $0.09280<\/p>\n
38% FIB Retracement Level: $0.1333<\/p>\n
62% FIB Retracement Level: $0.1989<\/p>\n
Trons TRX slid by 5.15% on Wednesday. Following on from a 7.84% tumble on Tuesday, Trons TRX ended the day at $0.026393.<\/p>\n
It was a bearish day. Trons TRX fell to an early morning low $0.02658 before making a move.<\/p>\n
Trons TRX fell through the first major support level at $0.02674 before striking a mid-day intraday high $0.02992.<\/p>\n
The rebound saw Trons TRX break through the 23.6% FIB of $0.0291 and the first major resistance level at $0.02982.<\/p>\n
A bearish 2nd half of the day, however, saw Trons TRX slide to a late intraday low $0.026037.<\/p>\n
Trons TRX fell back through the first major support level at $0.02674 to wrap up the day at $0.0263 levels.<\/p>\n
At the time of writing, Trons TRX was up by 3.39% to $0.027288. A bullish start to the day saw Trons TRX rally from an early morning low $0.02623 to a high $0.02748.<\/p>\n
Trons TRX left the major support and resistance levels untested early on.<\/p>\n
Trons TRX would need to move back through the $0.02745 pivot level to support a run at the first major resistance level at $0.02886.<\/p>\n
Support from the broader market would be needed, however, for Trons TRX to break back through to $0.028 levels.<\/p>\n
Barring an extended crypto rally, the first major resistance level would likely cap any upside.<\/p>\n
Failure to move back through the $0.02745 pivot level would bring the first major support level at $0.02498 into play.<\/p>\n
Barring an extended crypto sell-off, however, Trons TRX would likely steer clear of sub-$0.024 levels. The second major support level sits at $0.02357.<\/p>\n
First Major Support Level: $0.02498<\/p>\n
First Major Resistance Level: $0.02886<\/p>\n
23.6% FIB Retracement Level: $0.0291<\/p>\n
38.2% FIB Retracement Level: $0.0428<\/p>\n
62% FIB Retracement Level: $0.0648<\/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 September 17th, 2020 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Litecoin Litecoin fell by 1.18% on Wednesday. Following a 1.59% decline on Tuesday, Litecoin ended the day at $47.74 Continue reading