Home / Litecoin / Bitcoin Cash, Litecoin and Ripple Daily Analysis – 09/29/18

Bitcoin Cash, Litecoin and Ripple Daily Analysis – 09/29/18

Bitcoin Cash Sees Red

Bitcoin Cash fell by 5.15% on Friday, partially reversed Thursday's 10.14% rally to end the day at $ 537.4, the moves through the week seeing Bitcoin Cash up 9.67% Monday through Friday.

Bitcoin Cash Falling from the beginning of the day intraday low $ 531.1, the moves will be over the day leaving the day's major support levels untested.

With a cash-in-the-counter recovery, the Bitcoin Cash is easing back to $ 530 levels by the day's end.

Bitcoin Cash was down 3.45% to $ 520.9, with the downward trend going through the morning, Bitcoin Cash falling from a morning low $ 539.5 to a morning low $ 510.6 before steadying.

Bitcoin Cash is the first to sell off.

For the day ahead, a move back through the morning $ 539.5 to $ 540 levels would be supported to move through to $ 550 levels later in the day, while the day's first major resistance level at $ 565.9 will likely remain untested, barring particularly positive news hitting the wires to spur another rally.

Bitcoin Cash pullback through the morning $ 510.6 to bring the day's second major support level at $ 502.6 into play, while we would expect Bitcoin Cash to avoid falling through to sub- $ 500 levels barring materially negative news hitting the wires.

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Litecoin Pinned Back

Litecoin slipped by 2.38% on Friday, partially reversing Thursday's 10.29% rally, to end the day at $ 61.6, the weekends through the week leading to 0.49% gain, Monday through Friday.

Lituroin hit a late morning intraday high $ 64.68 before hitting reverse, litecoin sliding back to call on support at $ 60. A late afternoon intraday low $ 60.12 saw Litecoin bounce back to $ 61 levels by the day's end, the day's major support and resistance levels left untested.

At the time of writing, Litecoin was down 3.04% to $ 59.87, with Litecoin tracking the broader market into the red, falling from a start of a day high $ 61.75 to a morning low $ 59.25, calling on support at the first major support level at $ 59.59 before steadying.

$ 62.75 to bring $ 62 levels to play $ 62.75 to bring $ 62 levels to play $ 62.75 to bring $ 62 levels to be played later in the day, while the day is the first major support level at $ 64.15 will be unlikely be tested.

Back to the $ 60 levels and see it back to the top of the bank. $ 59.59 to bring $ 58 levels and the day's second major support level at $ 57.57 before any recovery.

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Ripple Falls Back

Ripple's XRP slipped by just 0.55% on Friday, following Thursday's 5.8% gain, to end the day at $ 0.54, the moves through the week leaving Ripple's XRP lose 5.38% Monday through Friday.

Ripple's XRP's late morning reversal saws fall to an intraday low $ 0.51227 before recovering through the afternoon to an intraday high $ 0.55243. Ripple's XRP pulled back to $ 0.52 levels late in the day before breaking back to $ 0.54 levels by the day's end,

Ripple's XRP was down 1.98% to $ 0.52931, a broad based market sell-offs seeing Ripple's XRP fall from a start of a morning high $ 0.54101 to a low $ 0.523, Ripple's XRP major support level at $ 0.5174 in the early hours.

First time for $ 0.5349 to $ 0.54 levels and the first high resistance level at $ 0.55, with any breakout from the support of the broader market, the second major resistance level at $ 0.5751 out of play should sentiment not materially improve through the morning.

In the day, with a pullback through the morning, a low price of $ 0.5349 in the day, with a pullback through the morning. unlikely to be tested barring particularly negative news hitting the wires.

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