Bitcoin cash: ABC makes the difference
Bitcoin Cash ABC slid 0.43% on Sunday, partially reversing 0.92% on Saturday, to close the week down by 6.05% to $ 170.01.
The first half of the day, relatively mixed, saw the return of Bitcoin Cash ABC to a mid-week intraday low of $ 167.65 before finding support, while the Bitcoin Cash ABC junction was at the first major support level for $ 164.83.
Coming back from the intraday low, Bitcoin Cash ABC rallied to a late morning intraday high of $ 176.7, comparing it to the first major resistance level of the day at $ 176.34 before returning to $ 171 at the end of the day. .
At the time of writing, Bitcoin Cash ABC was down 4.09% to $ 163.05, with a particularly bearish start to the day that saw the Bitcoin Cash ABC crash from the start of a day high $ 169.74 to a low morning $ 162.92 before settling down, the reversal that saw Bitcoin Cash ABC slides through the first major support level at $ 166.21 to re-enter the range of the second highest support level for $ 162.4.
For the next day, a return to the first major support level at $ 166.21 would signal the start of a possible recovery, with Bitcoin Cash ABC needing to break up to $ 170 levels to signal a rebound to bring $ 175 levels and the first big resistance level at $ 175.26.
Failure to recover the first major level of support could see Bitcoin Cash ABC succeeding later in the day, with a $ 162.92 pullback in the morning bringing the second highest level of support for the day to $ 162. , 4 and $ 161 before any recovery.
Litecoin goes to the complete circle
Litecoin dropped 1.27% on Sunday, partially reversing the 6.7% increase on Saturday, closing the week up 9.56% to $ 33.34.
A bullish start to the day saw Litecoin shift to an early morning intraday high at $ 34.6 before hitting the reversal, the first major resistance level of the day at $ 35.37 was not tested on the day.
The morning reversal saw Litecoin drop to a late 32.78 intraday morning, steering well away from the first major support level at $ 31.59, before returning to $ 33 and a rather limited afternoon.
At the time of writing, Litecoin was down 4.5% to $ 31.84, a large cryptomarket that saw Litecoin go down from a high day $ 33.45 to a low morning $ 31.52, Litecoin which fell within the first major support level at $ 32.55 and second support level higher at $ 31.75 before stabilizing.
For the next day, it would be necessary to go back through the main support levels to signal a possible 2ND half of the day rebounded, with Litecoin having to cross the morning of $ 33.45 to bring $ 34 levels and the first resistance level higher at $ 34.37 at stake.
The inability to go back through the main levels of support could see Litecoin fighting for the rest of the day, with a fall during the morning of $ 31.52 bringing the $ 30.00 levels in play before any recovery , under $ 30 unlikely support levels to test the day.
Ripple Hits Reverse
Ripple's XRP fell 1.25% on Sunday, partially reversing the 3.24% gain on Saturday, closing the week down 2.82% to $ 0.37191.
A bullish start to the day saw Ripple's XRP shift to an early morning intraday high of $ 0.38585 before hitting the opposite, the high of the day rising from the first main resistance level to $ 0.3874.
The reversal of the morning saw Ripple's XRP slip up to a late intraday morning at $ 0.3666, falling within the range of the first main support level at $ 0.3623 before returning to $ 0.37 and an interval limit 2ND half of the day
At the time of writing this article, Ripple's XRP was down 2.8% to $ 0.36150, with the wave of morning sales that saw the XRP wave of Ripple from the start of a day high $ 0.37252 to a minimum of $ 0.358. The reversal saw that Ripple's XRP exceeded its first major support level at $ 0.3637 to request support for the second highest level of support at $ 0.3555 before recovering to $ 0, 36.
For the day ahead, a return to the first major support level at $ 0.36370 would allow a return to levels of $ 0.37, with Ripple's XRP needing to move to $ 0.3750 to support a run at the first resistance level at $ 0.3830 later in the day.
The inability to go back through the first major level of support will likely weigh on Ripple's XRP throughout the day, with a pullback of up to $ 0.358 bringing in $ 0.34 before any recovery, the third largest support of the day at $ 0.3363 unlikely to be tested on the day.
Buy and Sell Cryptocurrency instantly
