Bitcoin Cash – ABC Bounces
Bitcoin ABC Cash fell by 0.12% on Tuesday, following a 3% slide on Monday, to end the day at $ 175.86.
High-end resistance at $ 199.15.
Reversing through the morning, BCH ABC slipped to an early afternoon low down $ 165 before the support of the broader market.
BCH ABC was up to 3.7% to $ 182.38, with a bullish start to the day seeing $ 186.13 pinning BCH ABC back from more material gains.
For the day ahead, the first major resistance should be supported at run at $ 190 levels, although we can expect BCH ABC to fall short of $ 200 levels in the event of an afternoon rally, the second major resistance level at $ 196.39 likely to limit more material gains on the day.
BW ABC pullback through the morning $ 173.25 to bring sub- $ 170 levels into play, while we would expect the day's first major support level at $ 165.31 to be left untested on the day, barring materially negative news hitting the wires.
Litecoin Eyeing the $ 40s
Litecoin rallied by 6.05% on Tuesday, reversing on Monday's 4.18% loss with interest, to end the day at $ 30.85.
A good start to the day saw Litecoin pullback from a morning high $ 29.93 to a late morning low $ 28.23 before finding support, Litecoin holding well above the first major support level at $ 27.17.
High-risk resistance at $ 31.32, falling short of the first major resistance level at $ 31.41 before easing back to $ 31 levels by the day's end.
Litecoin was up 4.93% to $ 32.37, a bullish morning seeing Litecoin move from a morning to $ 30.71 to a high morning $ 32.9 before easing back, Litecoin breaking through and holding the first major resistance level at $ 32.04.
For the day ahead, holding onto $ 32 levels to test the day's first major resistance level at $ 33.22 before pulling back, while $ 34 levels are unlikely to be touched on the day.
$ 30 levels into the day, with a pullback through the morning $ 30.71 bringing sub- $ 30 levels into play, while we would expect Litecoin to steer clear of the day's first major support level at $ 28.95.
Ripple on the Move
Ripple's XRP gained 0.76% on Tuesday, partially reversing on Monday's 4.74% slide, to end the day at $ 0.36618.
Ripple's XRP is a low-cost, low-cost, high-quality, low-cost, low-cost, low-cost, low-cost, and low-cost credit card.
High intraday $ 0.3922 first came to be well short of the first major resistance level at $ 0.3932 before easing back to $ 0.36 levels by the day's end.
Ripple's XRP was up 4.49% to $ 0.38262, a rally in the early hours seeing Ripple's XRP move from a start of a day to a low $ 0.36606 to a high-end $ 0.389 before easing back, the day's first major resistance level at $ 0.3814 pinning Ripple's XRP back from a break through to $ 0.39 levels.
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In the morning, the first time you get the chance to see the ripple, you can see the ripple of the morning with a small amount of $ 0.36606 bringing in $ 0.35 and taking it to the end of the morning.
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