Bitcoin Cash – ABC meets new lows …
Bitcoin Cash ABC fell 8.02% on Friday after a 9.91% drop on Thursday to close the day at $ 79.09. A 4th the day in red for the current week left the ABC Cash Bitcoin down 25.62% from Monday to Friday.
The first morning pass to an intraday high of $ 88 was the only bullish move of the day, the Bitcoin Cash ABC stood at the first major resistance level at $ 93.43 before hitting the opposite.
A day's crash saw Bitcoin Cash ABC outperforming the first major support level at $ 82.69 and the second main support level at $ 78.84 at an intraday low and new low at $ 75.89 before turning back in the second highest level of support by the end of the day.
At the time of publication, Bitcoin Cash ABC rose 0.75% to $ 79.69, a relatively limited start at the start of the day due to the rise in Bitcoin Cash ABC from a low $ 78 morning, 11 to a maximum of $ 80.44 in the morning before slowing down, the main support and resistance levels of the day left untested soon.
For the day ahead, a backtrack between the highs of the morning at $ 81 would signal an afternoon rally, bringing the first level of resistance higher at $ 86.10 before any pullbacks, $ 90 levels and the second level of resistance. greater than $ 93.10. far the day.
Failure to transition to the $ 81 levels by early afternoon could see Bitcoin Cash ABC hit back later in the day, with a pullback in the morning low $ 78.11 taking the low $ 75.89 on Friday and the first level of primary support for $ 73.99 in play before any recovery.
Litecoin caresses the trend
Litecoin earned 1.44% on Friday, partially reversing the 4.91% slide on Thursday to close the day at $ 23.17. In contrast, a 2ND day in green for the left week Litecoin down 8.38% from Monday to Friday.
A downtrodden start to the day saw Litecoin slip into an infra-day low and a new fluctuation of $ 22.17, while Litecoin dropped its first major support level to $ 22.29 before moving to a late-afternoon highs of $ 23. , 46.
Short of the main resistance levels of the day, Litecoin slipped back to 2ND half of a day fell to $ 22.30, calling support at the first major support level at $ 22.29 to return to $ 23 levels.
At the time of writing, Litecoin had grown by 2.16% to $ 23.67, with Litecoin recovering from an early start to a low of $ 22.92 in the morning to beat a maximum of $ 23.83 the morning before to slow down, Litecoin against the first major resistance level at $ 23.7 at the start of the day.
For the next day, a return to the first major resistance level would sustain a run of $ 24 levels and the second highest resistance level of $ 24.22 before any retreat, with Litecoin likely to face much resistance at $ 24 levels.
The inability to break the first major resistance level could see Litecoin increasing morning gains in the day, a pullback of up to $ 22 levels bringing in the first major level of support at $ 22.41, with a & # 39; inversion that could lead to heavier losses and a second main support level test at $ 21.64 before any recovery.
Ripple Unable to avoid sub- $ 0.30 levels
Ripple's XRP fell 3.37% on Friday, after a 2.77% decline on Thursday, to close the day at $ 0.29382, a 4th day in red leaving the Ripple XRP down 7.39% for the current week.
Reached the morning, a late-afternoon sell-off brought Ripple's XRP to a low intraday of $ 0.28804, Ripple's XRP surpassed the first support level at $ 0.2983 and the second support level at $ 0.2926 before recovering to $ 0.29 levels
At the time of writing, Ripple's XRP was up 0.46% to $ 0.29516, with Ripple's XRP picking up from a low start of the day to $ 0.29417 to a maximum. $ 0,29549 in the morning before slowing down, the main levels of support and resistance of the day not tested at the start.
For the next day, a return to the highs of the morning at $ 0.296 would have supported a run at $ 0.30 levels to bring the first level of resistance higher at $ 0.3032 before any pullback, an important rebound of the cryptomarket needed to give X1 a run at $ 0.31 levels and the second resistance level higher at $ 0.3132.
Failing to move up to $ 0.296 levels could see Ripple's XRP suffer pressure during the day, with a morning low drop of $ 0.29417 likely to see Ripple's XRP call on support at the first level of main support at $ 0.2861 before any recovery, $ 0.27 support levels unlikely to be tested excluding materially negative news affecting the wires.
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