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Daily analysis of Bitcoin Cash, Litecoin and Ripple Daily – 09/23/18

Bitcoin Cash Sees Red

Bitcoin Cash fell 3.4% on Saturday, partially reversing Friday's rally by 10.28%, to close the day at $ 485.5.

A bullish start to the day saw Bitcoin Cash hit a $ 512 intraday high before hitting the reversal, the high of the day fell to the first major resistance level at $ 527.97.

Withdrawn in the morning, Bitcoin Cash dropped to an intraday low of $ 469.7, exceeding the first level of main support at $ 463.87 before partially recovering late

At the time of writing, Bitcoin Cash was dropped 0.78% to $ 482.3, an early move to a high intraday of $ 488.1 reaching below the first main resistance level at $ 508.43 before hitting the reverse, with Bitcoin Cash falling to a low early morning $ 477.3, a clear advantage of the first level of main support of the day at $ 466.13, to return to the levels of $ 470.

For the next day, go back to the Morning highs and keeping $ 490 levels through the lat The morning would have supported another $ 500 run to bring the first resistance level higher to $ 508.43, with minor losses at the start supporting an upward move.

Failure to move to $ 490 could see Bitcoin Cash's great success later in the day, with a $ 477.3 morning decline leading to $ 460 levels and the first major day support level for $ 466.13 at stake, improbable heavier losses excluding materially negative news affecting the cryptographic wires.

<img src = "https://www.tradingview.com/x/oDPocJkA/" data-zoom-target = "https://www.tradingview.com/x/oDPocJkA/" alt = "{alt } [19659009] Litecoin remains on

On Saturday, after the 7.69% rally on Friday, Litecoin slipped by just 0.43%

Following the broader market trend, Litecoin slipped to late morning intraday to $ 58.1 before finding support, the main levels of support of the day were not tested.An afternoon recovery saw the conversion of Litecoin to $ 61 before shrinking, a start of the day with a maximum of $ 61.68 short of the first main resistance level at $ 63.67.

At the time of writing, Litecoin was up 1.06% to $ 61.17, with Litecoin recovering from a low morning of $ 59.83 to $ 61 and a morning high $ 61.2, sub- $ 60 levels of incoming support, while the main levels of support and resistance were not tested in the early hours.

the day on ccessive, staying at $ 61 levels until morning, would sustain a $ 62 level run to bring the first major resistance level of the day to $ 62.13, although we can expect Litecoin to cope with a lot of resistance to block any attempt

Failure to reach $ 61 in the morning could see Litecoin contract later in the day, with a pullback to levels below $ 60 bringing the first major support level of the day to $ 58.56 in play before any recovery, Litecoin expected to maintain the $ 60 levels by the end of the day, unless materially negative news hits the wires.

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Ripple Bucks the Trend

Ripple & # 39; s XRP gained 2.12% on Saturday, after its 26.4% rally on Friday, to end the day at $ 0.57748.

A slow start to the day saw Ripple's XRP slide on a low intraday first day of $ 0.49211 before recovery, the first slide to continue the profit-taking on Friday afternoon

L & # 39; Ripple's XRP recovered to a daily intraday peak of $ 0.627 before passing in the afternoon to levels below $ 0.60, the passages during the day leaving the main levels of support and resistance of the day tested.

At At the time of writing, Ripple's XRP rose 2.76% to $ 0.58997, with Ripple's XRP recovering from an early bar to a low $ 0 morning , 55921 to reach a morning peak of $ 0.5967, before turning back, the day's moves leaving the major support and resisting levels not yet tested.

For the day ahead, a $ 0.5967 return for the morning high will support another day of strong earnings, with the first resistance level higher at $ 0.639 at stake if the news threads remain encrypted, The only question is whether Ripple's XRP can maintain the levels of $ 0.60 by the end of the day, in the case of another rally, at the end of the day the profit brought the recoveries to levels less than $ 0.60 on Fridays and Saturdays.

Do not go back in the morning high levels from $ 0.5967 to $ 0.60 could see Ripple's XRP pick up a hit later in the day, with a pullback of up to $ 0.55921 leading to $ 0 , 54 levels in play, although we expect Ripple's XRP to avoid the first major support of the day at $ 0.5041 and levels below $ 0.50, except for the particularly negative news affecting the wires .

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