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Bitcoin Cash – Daily Analysis ABC, Litecoin and Ripple – 18/01/19

Bitcoin Cash – ABC – Combines the package in red

Bitcoin Cash ABC gained 2.17% on Thursday, following a gain of 0.97% on Wednesday, to close the day at $ 129.31.

A sell-off late morning saw the Bitcoin Cash ABC crash at an intraday low of $ 123.12, calling support at the first major support level at $ 123.66 before recovering.

Recovering in the afternoon, Bitcoin Cash ABC rallied to a late afternoon intraday of $ 131.05, dropping well below the first major resistance level to $ 132.51 before returning to levels below $ 130 by the end of the day.

At the time of publication, Bitcoin Cash ABC was down 0.36% to $ 128.85, a high morning $ 129.83 and $ 128.85 low, leaving the main levels of support and resistance of the day not tested at the # 39; beginning.

For the day ahead, a return to high levels from $ 129.83 to $ 130 would bring the first resistance level higher at $ 132.53 in play before any retreat. We would expect Bitcoin Cash ABC to continue not to exceed $ 135 level, with a downward trend on daily highs that will probably impose Bitcoin Cash ABC at $ 133 in the event of a rebound.

The non-ascent of the high $ 129.83 morning could see the return of Bitcoin Cash ABC deeper into the red, with a decline of $ 127.8 bringing in the game the first level of main support at $ 124.6 before any recovery . Heavier losses are not expected in the day, unless you are selling a crypt.

Litecoin sees Red Early

Litecoin gained 0.60% on Thursday after a 1.32% rise on Wednesday to close the day at $ 31.62.

A first bearish part of the day saw Litecoin slip through the first major support level at $ 30.68 to claim support for the second highest level of support at $ 29.95, with an intraday minimum of $ 29.98, before to recover.

An afternoon rally saw Litecoin hit at the end of the day intraday $ 31.73 before slowing, the high of the day rose from the first big resistance level to $ 32.14.

At the time of writing, Litecoin was down 0.35% to $ 31.51, with moves that passed early in the morning seeing Litecoin drop from a start of a day high $ 31.7 to $ 31.29 low before stabilize, the main levels of support and resistance not tested at the beginning.

For the next day, a hold greater than $ 31.2 in the morning will support an uptrend of $ 31.7 to bring $ 32 levels and the first resistance level to $ 32.24 in play before any pullback, Litecoin likely will continue to not exceed $ 33 levels on the day.

Failure to hold more than $ 31.2 could see Litecoin pullback through $ 31.29 to $ 30 in the morning, bringing the first major support level into play for $ 30.49. Sentiment in the broader market will play a hand in the day, with red across the board that will likely lead to levels below $ 30 and the second level of support greater than $ 29.36 in play before any recovery.

Ripple fighting in tight intervals

Ripple's XRP rose 0.27% on Thursday, after a gain of 0.59% on Wednesday, to close the day at $ 0.33457.

Following the broader market, Ripple's XRP dropped to a late-morning intraday of $ 0.3265, calling support at the first major support level at $ 0.3274 before returning to $ 0 levels, 33.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "An afternoon recovery saw the Ripple XRP hit in the late afternoon high intraday $ 0.33788, not higher than the first main resistance level at $ 0.3404 and $ 0.34 levels for the first time since 9th "Data-reactid =" 64 "> An afternoon session saw Ripple's XRP hit an intraday high in the afternoon of $ 0.33788, rising from the first resistance level to $ 0.3404 and $ 0, 34 levels for the first time since 9th January, before going back.

At the time of writing, Ripple's XRP was down 0.39% to $ 0.33327, with Ripple's XRP falling from a high day start at $ 0.33513 to a low of $ 0.33235 before stabilizing. Restricted ranges at the beginning left the main levels of support and resistance not tested.

For the next day, an upkeep of $ 0.333 up in the morning would have supported a $ 0.33513 high morning move to bring the first resistance level higher at $ 0.3395, with broader market support necessary to bring back $ 0.34 into play. Except for a major rebound in the cryptomarket, we expect Ripple's XRP to continue not to exceed $ 0.35 levels, with the second resistance level higher at $ 0.3444 to block Ripple's XRP in the course of the day.

Failing to maintain the levels of $ 0.333 could see Ripple's XRP return to a minimum of $ 0.33235 to test the first major support level of the day at $ 0.3281 before any recovery, the second level of support at $ 0.3216 it is unlikely that it is at stake due to a serious crypt.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Buy & amp; Sell ​​Cryptocurrency instantly"data-reactid =" 84 "> Buy and Sell Cryptocurrency instantly

<p class = "canvas-text canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "This article it was originally published on FX Empire "data-reactid =" 86 "> This article was originally published on FX Empire

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