Bitcoin Cash – ABC back in $ 100
Bitcoin Cash ABC gained 7.11% on Sunday, reversing the 4.29% drop on Saturday to close the day at $ 105.72. The partial recovery on Sunday left Bitcoin Cash ABC down 37.72% for the week.
Bearish for most of the day, Bitcoin Cash ABC recovered from a first day intraday of $ 97.71, surpassing the first resistance level at $ 107.14 to hit a intraday intraday in the late afternoon of $ 110 before turning back.
Bitcoin Cash ABC managed to maintain the first level of main support at $ 93.15 with a minimum of $ 97.71 per day, a second day of steering devoid of significant levels of support after some heavy losses at the start of the week.
At the time of writing, Bitcoin Cash ABC was down 1.6% to $ 104.04, with a bullish start to the day, reversing, Bitcoin Cash ABC falling from a high morning $ 107.89 to a morning low $ 103.2 before finding support, the higher levels of support and resistance left untested soon.
For the day ahead, a return to $ 104.5 and early afternoon will support an afternoon pick to bring $ 107.89 into play in the morning, while sentiment in the broader market will have to materially improve to make sure that Bitcoin Cash ABC at the first major resistance level at $ 111.24.
The non-relegation up to $ 104.5 and waiting for the afternoon could see the withdrawal of Bitcoin Cash ABC deeper, with a fall of the morning of $ 103.2 bringing levels below $ 100 and the first important level of support of the day at $ 98.95 in play before any shot.
Litecoin finds support
Litecoin gained 4.63% on Sunday, reversing Saturday's loss of 2.34%, to close the week down 24.12% to $ 25.3.
Following the broader market, Litecoin recovered from an intraday start to a low of $ 24.06 a late afternoon intraday high $ 26.62 before returning to $ 25 at the end of the day.
The moves in the day saw Litecoin break through the first major resistance level at $ 26.28, leaving the first level of main support at $ 22.53 untested the day.
At the time of writing, Litecoin was down 1.5% to $ 24.92, with Litecoin declining from $ 25.65 to a low morning $ 24.82, the first moves that made it untested. greater levels of support and resistance of the day.
For the day ahead, a $ 25.65 return move in the morning would bring $ 26 levels into play and the first main resistance level of the day to $ 26.69 in play before any retreat. Excluding a large market rally, Litecoin will probably not exceed $ 26.62 on Sunday, in order to avoid a break from the first higher level of resistance.
Failure to move from $ 25.33 to the maximum this morning could see Litecoin come back later in the day, with a decline during the morning of $ 24.82 bringing the first level of main support to $ 24.03 and $ 23. in play before any shooting.
The second major level of support for the day at $ 22.77 could be tested later in the day in the event of persistent negative injury.
Ripple avoids sub- $ 0.30
Ripple's XRP rose 2.05% on Sunday, after a 1.65% gain on Saturday, to end the day at $ 0.31697. The upward momentum over the weekend saw Ripple's XRP cut the weekly deficit to 14.77%.
In contrast to Ripple's larger XRP market, a relatively small morning saw Ripple's XRP ease at a late-morning intraday of $ 0.30476, driving well away from the first major support level at $ 0.2896.
An afternoon rebound saw Ripple's XRP rally reach a maximum intraday of $ 0.3295, not exceeding the first main resistance level at $ 0.3363, before returning to $ 0.31.
At the time of writing, Ripple's XRP was down 0.37% to $ 0.3158, a morning high of $ 0.32178 and the morning low of $ 0.3148, leaving the main levels of support and resistance not tested at the beginning.
For the next day, a move backwards of $ 0.3171 would signal another run at $ 0.32 levels to bring the first main resistance level to $ 0.3294 and $ 0.33 in play before any pullback, with # 39; $ 0.3295 high on Sunday which will probably limit the upside in the day, unless the cryptomarket rebound on a broad basis.
Non-relegation up to $ 0.3171 could see Ripple's XRP return to as low as $ 0.3148 to bring the $ 0.30 level and the first main support level to $ 0.3047 in play before any recovery, support sub-registrations $ 0.30 unlikely to test news affecting the wires.
