Bitcoin Cash – Daily Analysis ABC, Litecoin and Ripple – 19/12/18

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Bitcoin Cash – ABC Back in $ 100

Bitcoin Cash ABC recovered 16.41% on Tuesday, after a hike of 11.98% on Monday, to close the day at $ 103.65.

A late morning of low intraday $ 84.18 was the only bearish move of the day, the Bitcoin Cash ABC steering was clear compared to the first major support level at $ 80.59, before finding support from the most broad criptomercato.

<p class = "canvas-text canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Through the 2ND Half the day, Bitcoin Cash ABC reached a late-day high end of $ 105, surpassing the first resistance level at $ 93.7 and the second resistance level at $ 98.9 to keep the $ 100 at the end of the day . "data-reactid =" 14 "> Through the 2ND Half the day, Bitcoin Cash ABC reached a maximum of $ 105 at the end of the day, surpassing the first resistance level at $ 93.7 and the second resistance level at $ 98.9 to keep the $ 100 at the end of the day .

At the time of publication, Bitcoin Cash ABC had risen by 10.92% to $ 114.97, the first moves seeing Bitcoin ABC Cash overcome the first major resistance level at $ 111.04, with an increase from a low $ 101 morning. , 99 to a high morning $ 117 before going back.

For the next day, staying above the first resistance level by the morning would support another run at the second resistance level of $ 118.43, with the support of the broader market needed for Bitcoin Cash ABC to exit from $ 118 levels to bring $ 120 levels into playing later in the day.

Failure to hold above the first level of resistance could see Bitcoin Cash ABC hit back in the day, a low rollback in the morning of $ 101.99 bringing in $ 100 into play, with the first major level support for $ 90.22 at stake in the event of a large sales encryption.

Litecoin holds on $ 30

Litecoin gained 4.29% on Tuesday, after the rally on Monday 14.51%, to end the day at $ 30.12.

A relatively slow day saw Litecoin drop to a late-morning intraday at $ 27.71 before resuming $ 28 during the afternoon, while Litecoin remained well above the first level of main support at $ 25.86. .

All this was reduced to a large-scale encryption at the end of the day, with Litecoin reaching an intraday high of $ 30.20, not exceeding the first main resistance level at $ 31.19, maintaining the levels of $ 30.

At the time of writing, Litecoin was up 1.79% to $ 30.66, with moves in the early hours that saw Litecoin rise from a low day from $ 29.6 to a high morning $ 31, 38, Litecoin break through the first main resistance level at $ 30.98, before going back.

For the next day, an upkeep of $ 30 until the morning will support another move through the first main resistance level at $ 31 to bring the second highest resistance level into play at $ 31.83 and $ 32. , although Litecoin will need the broader market support for a $ 31.8 breakout later in the day.

Failure to keep the $ 30 levels could see Litecoin returning back during the low morning of $ 29.6, down $ 29.3 bringing $ 28 levels and the first level of support to $ 28.49 in play before of any recovery, underperforming $ 28 unlikely levels of support in play on the day.

Ripple Back in $ 0.35

Ripple's XRP gained 7.02% on Tuesday after the 15.42% Monday rally to end the day at $ 0.0.36182.

Following the broader market, Ripple's XRP touched the morning high at $ 0.35398 before going down to a late morning intraday of $ 0.33151, leaving maximum support and resistance levels untested until in the morning.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "A relatively large limit 2ND half a day also saw Ripple's XRP moving away from major support and resistance levels before a large cryptomarket rally, Ripple's XRP climbed to an intraday high of $ 0.36183 at the end of the day, surpassing the first resistance level at $ 0.3612 along the way. "data-reactid =" 72 "> A relatively large limit 2ND half a day also saw Ripple's XRP moving away from major support and resistance levels before a large cryptomarket rally, Ripple's XRP climbed to an intraday high of $ 0.36183 at the end of the day, surpassing the first resistance level at $ 0.3612 along the way.

At the time of writing, Ripple's XRP was up 5.3% to $ 0.3810, with the Tuesday rally continued until the early hours, Ripple's XRP which exceeded the first level of resistance to $ 0.3719 and the second resistance level to $ 0.3820 before reaching $ 0.3833 before turning back.

For the day ahead, an uptrend on $ 0.38 levels until the morning would signal more to arrive later in the day, with a large crypt to support a $ 0.40 race to bring the third resistance level greater than $ 0.4124 before any pullback.

The inability to maintain the $ 0.38 levels during the morning could see Ripple's XRP subtract some of the morning gains, while we expect Ripple's XRP to avoid a pullback at levels below $ 36, apart from a wide sell-off, the Ripple XRP tracking of the broader market during the first half of the week, with the bears very much in the driver's seat.

<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 =" 96 "> 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 =" 97 "> This article was originally published on FX Empire

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