Home / Litecoin / Daily analysis of Bitcoin Cash, Litecoin and Ripple Daily – 22/09/18

Daily analysis of Bitcoin Cash, Litecoin and Ripple Daily – 22/09/18

Bitcoin Cashback at $ 500

Cash Cash Cash recovered 10.28% on Friday, after the 6.66% gain on Thursday, to close the day at $ 503, Friday's rally to support # 11.6% for the current week.

A bullish start to the day saw Bitcoin Cash exceed the first major resistance level at $ 476.37 and the second main resistance level at $ 496.33 and a maximum of $ 497 before the end of the day at a maximum. intraday $ 513.8.

Despite the gains of the week, Bitcoin Cash continued to not exceed 23.6% of the FIB retracement level formed at the beginning of last May at $ 1,849.9, leaving the downtrend intact.

At the time of writing, Bitcoin Cash had dropped 3.06% to $ 487, with Bitcoin Cash finding itself from a $ 512 day start on a low morning of $ 480.1, the moves during the morning leaving the highest levels of support and resistance tested.

For the next day, a move up to $ 512 in the morning would support a run at the first major resistance level of the day at $ 527.97, although we can expect Bitcoin Cash to be very resistant to $ 500 if the sentiment on the wider market will not improve during the day.

Failure to come back in the morning could see Bitcoin Cash take a big hit later in the day, with a low fall in the morning of $ 480.1 bringing the first highest resistance level of the day to $ 463.87 in play before any shooting.

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Litecoin Back in $ 60 [19659002] Litecoin gained 7.69% on Friday, after a 4.33% increase on Thursday, to close the day at $ 60.91, with 4 consecutive days in positive territory giving Litecoin a gain of 7.16% for the week

Following the broader market, Litecoin broke through the first major resistance level of the day at $ 58 , 19 in the early part of the day before a late-day rally that saw Litecoin break through the second-highest resistance level at $ 59.75 to hit a $ 62.75 intraday high before shrinking. [19659003] Returning back to the $ 60 levels, Litecoin continued to not exceed the FIB retracement level of 23.6% of $ 79, leaving the downtrend extended to $ 182.35 intact.

At the time of writing, Litecoin was down 1.15% to $ 60.13, with Litecoin falling from a early morning high day to $ 61.68 at a low morning $ 59.29 before recovering to $ 60 levels, the largest support of the day and untested resistance levels.

For the next day, a step back through the $ 61.68 high morning will support a run at $ 62 levels, while the first major resistance level of the day at $ 63.67 will likely not be tested, except particularly good news affecting the cryptographic wires.

Failure to climb up to $ 61 levels could see Litecoin retreat later in the day, with a morning pullback of $ 59.29 carrying $ 58 levels and the first major support level of the day at $ 57.24 in game before any recovery.

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Ripple Continues to make waves

Ripple's XRP rose 26.4% on Friday, after the 38% rise on Thursday, to close the day at $ 0.56734, rallies a week giving Ripple's XRP a gain of 101.8% for the current week. [19659003Aguidareilsentimentsuunmercatopiùampiol'XRPdiRippleharadunatopertuttoilgiornofinoaunmassimointradaydi$069587conl'XRPdiRipplechehasuperatoillivellodiRetracementdel236%to$04164perpassareattraversoillivellodiRetracementdel382%FIBdi$05225pertestarelapressionedivenditaillivellodiritracciamentodel62%dellaFIBdi$06941portandoauncalodi$0660entrolafinedellagiornata

Holding on 38.2% of RIB Retracement Level of $ 0.5225 during the weekend would state the formation of a short-term uptrend.

At the time of writing, Ripple's XRP was down 9.63% to $ 0.51055, with Ripple's XRP slipping from a high day start to $ 0, 57142 to a minimum of $ 0.49211 before recovering to $ 0.50 levels, the main support of the day and untested resistance levels.

For the day ahead, a return to the morning level of $ 0.57142 will support a run of $ 0.60 levels, although sentiment in the broader market will have to improve materially so that Ripple's XRP will take the control of the day first resistance level greater than $ 0.7001, useful for contributing to early withdrawal.

Failure to return to levels of $ 0.57 could see Ripple's XRP drop further in the afternoon, with a fall to the low of $ 0.49211 which will bring $ 0.47 levels into play before any recovery unlikely that the first major level of support for the day at $ 0.4303 will be tested, excluding particularly negative news affecting the wires.

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