Daily analysis of Bitcoin Cash, Litecoin and Ripple Daily – 11/3/18

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Money reimbursements in Bitcoins

Bitcoin Cash recovered 8.98% on Friday, after a rise of 0.09% on Thursday, to close the day at $ 465.8, 4 consecutive days of gains that reversed Monday's sales to give Bitcoin Cash a 5.24% gain for the current week.

A limited series of the first half of the day saw Bitcoin Cash return to an intraday low of $ 426.2, holding above the first major support level at $ 424.5. A mid-day rally pushed Bitcoin Cash through the main resistance levels of the day to a high intraday of $ 476 before returning to $ 460 levels, with Bitcoin Cash managing to maintain the third resistance level at $ 437.8 at the end of the day.

At the time of writing, Bitcoin Cash dropped 0.2% to $ 464.9, with Bitcoin Cash moving from a low morning to $ 462.5 to a maximum of $ 467 in the morning before shrinking, a range that has start the day leaving the major levels of support and resistance of the day uncovered.

For the next day, keeping the $ 460 levels by midnight will support an upward move until the morning to bring back $ 470, while we expect Bitcoin Cash to fall to $ 480 and the first resistance level to $ 485, 8, unless important cryptographic exchanges announce the support for BCH in 15th November rigid fork.

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Litecoin sees other gains

Litecoin gained 1.93% on Friday, after a 1.43% rise on Thursday, to close the day at $ 51.13, 4 consecutive days of gains that reduced losses for the week to only 0.8%.

A start day of $ 50.08 has seen Litecoin move away from the first major support level to $ 49.58, with an initial rally that sees Litecoin break through the first major resistance level at $ 50.63 with a maximum of $ 50.9 in the morning before slowing down.

The second half of the day was more bullish, with Litecoin topping the first major resistance level at $ 50.63 and the second main resistance level at $ 51.06 at a high intraday $ 51.66 before turning back .

At the time of writing, Litecoin was down 0.31% to $ 50.97, with a range range from early on the eve that saw the start of a Litecoin day high of $ 51.3 and a minimum of $ 50.94 in the morning leaving maximum support of the day and untested resistance levels.

For the next day, keeping above the levels below $ 50.9 until the morning will support the return to $ 51 to bring the first major resistance level of the day to $ 51.83, while we expect Litecoin to continue to fall for less than $ 52 levels on the day.

Failure to reach $ 50.9 during the morning could see Litecoin collect more success throughout the day, with the first major level of support of the day at $ 50.25 in the day, below the $ 50 unlikely support levels to be tested excluding the negative news affecting the wires.

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Resolve the struggles

Ripple's XRP gained 0.35% on Friday, after a 1.49% increase on Thursday, to close the day at $ 0.46266, the day's gain reducing the loss for the week to just 0.35%.

One day more choppier than normal he saw Ripple's XRP slide at a daily low of $ 0.459, keeping the first major support level at $ 0.4537 before finding support from the broader market. Ripple's XRP outperformed its first resistance level at $ 0.4647 to an intraday high of $ 0.46792 before slowing down at the end of the day, maintaining levels of $ 0.46.

At the time of writing, Ripple's XRP was down 0.43% to $ 0.46067, with a bearish start to the day when Ripple's withdrawal into XRP from a high day start $ 0.46455 at a low of $ 0.45987, before returning to $ 0.46 levels, the main levels of support and resistance of the day were not tested in the beginning.

For the day ahead, a $ 0.4632 relegation by late morning will hold another run at the first major resistance level at $ 0.4674, with $ 0.47 levels and the second resistance level at $ 0.4721 at stake if Ripple's XRP will make its move at the start of the day, although keeping the $ 0.47 levels by the end of the day could be a challenge.

The non-relegation of $ 0.4632 by late morning could see Ripple's XRP pick up a bigger hit later in the day, with a $ 0.45987 decline in the morning bringing in the first important level of support at $ 0.4585 before recovery, the second largest support of the day level at $ 0.4543 unlikely to be tested.

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