Daily analysis of Bitcoin Cash, Litecoin and Ripple – 11/02/18

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Bitcoin Cash Cash sees a start from November to November

Bitcoin cash earned just 0.09% on Thursday, after a 0.84% ​​increase on Wednesday, to close the day at $ 427.4.

Starting in the month, Bitcoin Cash returned to a late-morning intraday range of $ 424.1 before finding support, rising from a maximum of $ 429.5 at the end of the day, before returning at the end of the day.

The squeeze varied during the day left maximum support and untested resistance levels.

At the time of writing, Bitcoin Cash rose 0.59% to $ 429.9, a first move up to a maximum of $ 432.9 to see the Bitcoin Cash exceed the first resistance level at $ 429.9 to test the second highest resistance level of the day at $ 432.4 before returning to under-$ 430 levels.

For the next day, a shift to levels of $ 430 will support another run at the second-highest resistance level of $ 432.9, while we can expect Bitcoin Cash to take a lot of resistance to recover further material gains throughout the day.

Failure to return to $ 430 levels could see Bitcoin Cash returning later in the day, with a decline of a minimum of $ 427.4 in the morning to bring the first major support level of the day to $ 424.5 in the game before any recovery, the second main support level of the day at $ 421.6 is unlikely to be in play apart from the particularly negative news affecting the wires.

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Litecoin Back in $ 50

Litecoin gained 1.43% on Thursday after a 1.06% rise on Wednesday to close the day at $ 50.19.

A range from the start of the day saw Litecoin rise from a low intraday of $ 49.4, holding well above the first level of main support at $ 47.94, despite failing to exceed $ 50 before a rally of the second half of a day that saw Litecoin rise to a delay in the day intraday high $ 50.45.

While managing to keep the $ 50 levels by the end of the day, Litecoin faced a lot of resistance fleeing the first major resistance level of the day at $ 50.66, blocking Litecoin against other material gains throughout the day.

At the time of writing, Litecoin rose 0.94% to $ 50.66, a bullish start on the day Litecoin moves from a low morning to $ 50.08 a morning high $ 50.90 before slowing down, Litecoin exceeds the first resistance level at $ 50.63 to re-enter second-tier resistance level at $ 51.06, leaving the first main resistance level at $ 49.58 untested.

For the day ahead, an uptrend of $ 50.9 will hold another run of $ 51 and the second resistance level of the day at $ 51.06, while we expect Litecoin to continue to fall to $ 52. , a $ 50 outlet through the morning had to support another move in the day.

Failure to return during the morning may see Litecoin fall to a low of $ 50.08 in the morning, while we expect Litecoin to avoid support levels below $ 50 during the day, excluding particularly bad news affecting news.

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Ripple in movement

Ripple's XRP gained 1.49% on Thursday after a 1.46% increase on Wednesday to close the day at $ 0.46105.

By monitoring the broader market during the morning, the first half of the day saw Ripple's XRP rise from a day start to a low of $ 0.4501, failing to exceed $ 0.46, the first moves leaving the main levels of support tested.

A second bullish half of the day saw Ripple's XRP rise to an intraday high of $ 0.46112 at the end of the day, not exceeding the first main resistance level at $ 0.4641, managing to keep $ 0, 46 at the end of the day.

At the time of writing, Ripple's XRP rose 0.33% to $ 0.46256, a positive start to the day when Ripple's XRP rose from a low of $ 0.46053 to a maximum of $ 0.46693, Ripple's XRP exceeded the first resistance level at $ 0.4647 before loosening back.

For the day ahead, a return move of up to $ 0.46693 would bring the second resistance level to $ 0.4684 and $ 0.47 into play, with Ripple's XRP needing to maintain levels of $ 0.46 until the morning to support a second half of the day, although we can expect a lot of resistance at $ 0.47 to block the Ripple XRP from any major rally.

The inability to go back during the morning could see Ripple's XRP renouncing its first gains, with a $ 0.4574 downgrade bringing the day's first major support level into play for $ 0.4537 before any recovery, substantial unlikely substantial losses by excluding the terrible news affecting the threads of the crypt.

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