Bitcoin Cash – ABC Slides
Bitcoin Cash ABC fell 4.3% on Friday, following a decline of 4.87% on Thursday, to close the month down 37.9% to $ 171, with Bitcoin Cash ABC down 5.5% for the current week.
A bullish start to the day saw Bitcoin Cash ABC hit an early morning high intraday high at $ 187.26, not reaching the first major resistance level at $ 188.23 before hitting the opposite.
Slipping in the morning, Bitcoin Cash ABC sold the first major support level of the day for $ 171.05 at an intraday low of $ 164.25 before finding support to return to $ 170 at the end of the day.
At the time of writing, Bitcoin Cash ABC was down 1.29% to $ 168.79, Bitcoin Cash ABC had risen to a maximum of $ 171.14 in the morning before moving up to a low day of $ 167, 86, the main levels of support and resistance of the day not tested at the beginning.
For the day ahead, a move from $ 174 to levels would bring $ 180 levels and the first major resistance level of the day to $ 184.09 in play, although sentiment in the broader market will have to materially improve for Bitcoin Cash ABC to run at $ 180 levels.
The non-ascent of the morning maximum at $ 170 could see Bitcoin Cash ABC coming back further into the red later in the day, a fall in the low morning $ 167.86 bringing the low of $ 164.25 on Friday and the first major level support day for $ 161.08 in play.
Litecoin keeps $ 30
Litecoin dropped 5.55% on Friday, following a 2.7% decline on Thursday, to close the month down 36% to $ 31.65, up 4% for the current week.
An intraday high early morning high of $ 34.15, the only bullish move of the day, came to a loss of the first main resistance level at $ 35.03, with a wide cryptomarket sell-off that weighs through the rest. of the day.
Litecoin sold its first main support level of $ 32.33 and its second main support level of $ 31.17 a late intraday morning at $ 30.67 before recovery, Litecoin returns to $ 31 and a relatively low wide 2ND half of the day
At the time of writing, Litecoin was down 1.61% to $ 31.14, with Litecoin down from $ 31.92 to a minimum of $ 31.07 before finding support, the main support of day and untested resistance levels.
For the next day, a hold on $ 31 levels until early morning could see Litecoin drop to $ 32 levels later in the day, with a break of $ 32.16 bringing the first major support level of the day to $ 33. 64 in play before any pullback, a move up to $ 32 needed at the start of the day to support a Litecoin rebound.
Failure to maintain $ 31 could see Litecoin's contribution to support at the first level of primary support at $ 30.16, with market sentiment dictating whether Litecoin will revisit levels below $ 30 in the event of prolonged morning sales.
Waves the struggles
Ripple's XRP slipped by 4.8% on Friday, following a 3.1% decline on Thursday to close the day at $ 0.36555, 3rd loss for the week leaving the Ripple XRP down 19.5% for November and down 4.5% for the current week.
A relatively limited start at the start of the day saw Ripple's XRP hit an intraday high of $ 0.38575 which hit the first highest resistance level at $ 0.3970 before falling victim to a clearance of the cryptomarket in late morning.
Ripple's XRP sold its first major daily support level of $ 0.3711 to an intraday low of $ 0.35517, calling support at the second main support level of $ 0.3589 to return to $ 0 , 36 Levels and an interval limit 2ND half of the day
At the time of writing this article, Ripple's XRP had fallen 0.72% to $ 0.3629, with a positive start to the morning when Ripple's XRP rose to a high of the morning for $ 0.36854 before hitting down with a fall of at least $ 0.36114, the highest levels of support and resistance left untested soon.
For the next day, a return move of up to $ 0.36854 should incur a $ 0.37 level run to bring the first resistance level higher to $ 0.3825 before any pullbacks, with Ripple XRP who has to go back until dawn and keep within the early afternoon to support a rebound.
The inability to go back during the morning could see Ripple's XRP ripping further during the day, a decline during the morning of $ 0.36114 leading to $ 0.35 levels and the first major level day support for $ 0.3519 in play before any recovery. be tested except for particularly negative news affecting the wires.
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