Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – July 2nd, 2020

Litecoin

Litecoin rose by 1.55% on Wednesday. Partially reversing a 1.70% slide from Tuesday, Litecoin ended the day at $41.80.

A bearish start to the day saw Litecoin fall to an early morning afternoon intraday low $40.96 before making a move.

Steering clear of the first major support level at $40.58, Litecoin rallied to a late afternoon intraday high $42.02.

Litecoin broke through the first major resistance level at $41.91 before falling back to sub-$41.60 levels.

Finding late support, Litecoin revisited $42 levels before easing back. The first major resistance level capped the upside on the day.

At the time of writing, Litecoin was down by 0.26% to $41.69. A mixed start to the day saw Litecoin rise to an early morning high $41.91 before falling to a low $41.66.

Litecoin left the major support and resistance levels untested early in the day.

LTC/USD 02/07/20 Daily Chart

For the day ahead

Litecoin would need to avoid a fall through the $41.60 pivot to support a run at the first major resistance level at $42.23.

Support from the broader market would be needed, however, for Litecoin to break out from Wednesday’s high $42.02.

Barring another crypto rally, the first major resistance level and Wednesday’s high $42.02 would likely cap any upside.

Failure to avoid a fall through the $41.60 pivot could see Litecoin struggle on the day.

A fall back through to sub-$41.50 levels would bring the first major support level at $41.17 into play.

Barring an extended crypto sell-off, Litecoin should steer clear of sub-$40 levels. The second major support level at $40.53 should limit any downside.

Looking at the Technical Indicators

Major Support Level: $41.17

Major Resistance Level: $42.23

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellar’s Lumen

Stellar’s Lumen rose by 1.96% on Wednesday. Following on from a 2.85% rally on Tuesday, Stellar’s Lumen ended the day at $0.068009.

A bearish start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.066166.

Steering clear of the first major support level at $0.06518, Stellar’s Lumen rallied to a late afternoon intraday high $0.069447.

Stellar’s Lumen broke through the first major resistance level at $0.06816 and the second major resistance level at $0.06816.

A late pullback saw Stellar’s Lumen fall back to sub-$0.068 levels before recovering to $0.068 levels. The first major resistance level at $0.06816 capped the upside late in the day.

At the time of writing, Stellar’s Lumen was up by 2.50% to $0.069707. A bullish start to the day saw Stellar’s Lumen rally from an early morning low $0.069377 to a high $0.069707.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLM/USD 02/07/20 Daily Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.06790 pivot to support a run at the first major resistance level at $0.06958.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from the morning high $0.069707.

Barring another broad-based crypto rally, the first major resistance level would likely limit any upside.

A fall through the $0.06790 pivot could see Stellar’s Lumen struggle throughout the day.

A pullback through to sub-$0.067 levels would bring the first major support level at $0.06630 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.06459.

Looking at the Technical Indicators

Major Support Level: $0.06630

Major Resistance Level: $0.06958

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.14336518

62% FIB Retracement Level: $0.2050

Tron’s TRX

Tron’s TRX rallied by 3% on Wednesday. Following on from a 1.17% gain on Tuesday, Tron’s TRX ended the day at $0.016845.

A bearish start to the day saw Tron’s TRX fall to an early morning intraday low $0.016241 before making a move.

Steering clear of the first major support level at $0.01620, Tron’s TRX rallied to a late afternoon intraday high $0.017036.

Tron’s TRX broke through the first major resistance level at $0.01662 and the second major resistance level at $0.01684.

A late pullback saw Tron’s TRX fall back to sub-$0.01680 levels before revisiting $0.01695 levels.

The second major resistance level at $0.01684 pinned Tron’s TRX back late in the day.

At the time of writing, Tron’s TRX was up by 1.32% to $0.017068. A bullish start to the day saw Tron’s TRX rise from an early morning low 0.016901 to a high $0.017136.

Tron’s TRX left the major support and resistance levels untested early on.

TRX/USD 02/07/20 Daily Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall through the $0.01670 pivot to support a run at the first major resistance level at $0.01717.

Support from the broader market would be needed, however, for Tron’s TRX to break out from the morning high $0.017136.

Barring another broad-based crypto rally, the first major resistance level would likely cap any upside.

Failure to avoid a fall through the $0.01670 pivot would bring the first major support level at $0.01638 into play.

Barring another extended crypto sell-off, Tron’s TRX should steer clear of sub-$0.016 levels. The second major support level sits at $0.01591.

Looking at the Technical Indicators

Major Support Level: $0.01638

Major Resistance Level: $0.01717

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – July 1st, 2020

Litecoin

Litecoin slid by 1.70% on Tuesday. Reversing a 1.28% gain from Monday, Litecoin ended June down by 9.66% to $41.17. While down for the month, Litecoin gained 5.03% in the 2nd quarter.

It was a mixed start to the day. Litecoin rose to an early morning high $42.06 before hitting reverse.

Falling short of the first major resistance level at $42.55, Litecoin fell to an early afternoon intraday low $40.73.

Finding support at the first major support level at $40.88, Litecoin recovered to $41.5 levels before easing back.

At the time of writing, Litecoin was down by 0.29% to $41.05. A bearish start to the day saw Litecoin fall from an early morning high $41.16 to a low $40.96.

Litecoin left the major support and resistance levels untested early in the day.

LTC/USD 01/07/20 Daily Chart

For the day ahead

Litecoin would need to move through the $41.35 pivot to support a run at the first major resistance level at $41.91.

Support from the broader market would be needed, however, for Litecoin to break out from $41.50 levels.

Barring another crypto rally, the first major resistance level and Tuesday’s high $42.06 would likely cap any upside.

Failure to move through the $41.35 pivot could see Litecoin struggle on the day.

A fall back through to sub-$41 levels would bring the first major support level at $40.58 into play.

Barring an extended crypto sell-off, Litecoin should steer clear of sub-$40 levels. The second major support level at $40 should limit any downside.

Looking at the Technical Indicators

Major Support Level: $40.58

Major Resistance Level: $41.91

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellar’s Lumen

Stellar’s Lumen rallied by 2.85% on Tuesday. Following on from a 0.69% gain on Monday, Stellar’s Lumen ended June down by 4.18% to $0.67013. While down for the month, Stellar’s Lumen surged by 65.45% in the 2nd quarter.

A mixed start to the day saw Stellar’s Lumen rise an early morning high $0.06520 before hitting reverse.

Falling short of the major resistance levels, Stellar’s Lumen fell to a late morning intraday low $0.06449.

Steering clear of the first major support level at $0.06338, Stellar’s Lumen rallied to a late intraday high $0.06747.

Stellar’s Lumen broke through the first major resistance level at $0.06580 and the second major resistance level at $0.06682.

At the time of writing, Stellar’s Lumen was down by 0.79% to $0.06649. A bearish start to the day saw Stellar’s Lumen fall from an early morning high $0.06670 to a low $0.06636

Stellar’s Lumen left the major support and resistance levels untested early on.

XLM/USD 01/07/20 Daily Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.06635 pivot to support a run at the first major resistance level at $0.06816.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Tuesday’s high $0.067468.

Barring another broad-based crypto rally, the first major resistance level and Tuesday’s high would likely limit any upside.

A fall through the $0.06635 pivot could see Stellar’s Lumen struggle throughout the day.

A pullback through to sub-$0.066 levels would bring the first major support level at $0.06518 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.06334.

Looking at the Technical Indicators

Major Support Level: $0.06518

Major Resistance Level: $0.06816

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Tron’s TRX

Tron’s TRX rose by 1.17% on Tuesday. Following on from a 2.52% rally on Monday, Tron’s TRX ended June up by 3.82% to $0.016409. In the 2nd quarter, Tron’s TRX rallied by 41.46%.

A mixed start to the day saw Tron’s TRX fall to an early morning intraday low $0.016205 before making a move.

Steering clear of the first major support level at $0.01586, Tron’s TRX rallied to a late afternoon intraday high $0.016628.

Tron’s TRX broke through the first major resistance level at $0.01645 before easing back to sub-$0.01640 levels.

Finding late support, Tron’s TRX briefly broke back through the first major resistance level before wrapping up the month at $0.016409.

At the time of writing, Tron’s TRX was down by 0.45% to $0.016335. A bearish start to the day saw Tron’s TRX fall from an end of Tuesday 0.016409 to a low $0.016241.

Tron’s TRX left the major support and resistance levels untested early on.

TRX/USD 01/07/20 Daily Chart

For the Day Ahead

Tron’s TRX would need to move through the $0.01640 pivot to support a run at the first major resistance level at $0.01662.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.0166 levels.

Barring another broad-based crypto rally, the first major resistance level and Tuesday’s high $0.016628 would likely cap any upside.

Failure to move through the $0.01640 pivot would bring the first major support level at $0.01620 into play.

Barring another extended crypto sell-off, Tron’s TRX should steer clear of sub-$0.016 levels. The second major support level at $0.016 should limit any downside.

Looking at the Technical Indicators

Major Support Level: $0.01620

Major Resistance Level: $0.01662

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – June 30th, 2020

Litecoin

Litecoin rose by 1.28% on Monday. Following on from a 0.71% gain on Sunday, Litecoin ended the day at $41.87.

It was a mixed start to the day. Litecoin rose to an early morning high $41.53 before sliding to a late morning intraday low $40.57.

Coming within range of the first major support level at $40.47, Litecoin rallied to a late intraday high $42.24.

Litecoin broke through the first major resistance level at $42.11 before easing back to sub-$42 levels.

At the time of writing, Litecoin was down by 0.05% to $41.85. A mixed start to the day saw Litecoin rise to an early morning high $41.99 before falling to a low $41.78.

Litecoin left the major support and resistance levels untested early in the day.

LTC/USD 30/06/20 Daily Chart

For the day ahead

Litecoin would need to avoid a fall through the $41.56 pivot to support a run at the first major resistance level at $42.55.

Support from the broader market would be needed, however, for Litecoin to break out from Monday’s high $42.24.

Barring another crypto rally, the first major resistance level would likely cap any upside.

Failure to avoid a fall through the $41.56 pivot could see Litecoin struggle on the day.

A fall through to sub-$41 levels would bring the first major support level at $40.88 into play.

Barring an extended crypto sell-off, Litecoin should steer clear of the second major support level at $39.89.

Looking at the Technical Indicators

Major Support Level: $40.88

Major Resistance Level: $42.55

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellar’s Lumen

Stellar’s Lumen rose by 0.69% on Monday. Following on from a 2.39% rally on Sunday, Stellar’s Lumen ended the day at $0.06478.

Tracking the broader market, Stellar’s Lumen rose to an early morning high $0.06494 before hitting reverse.

Falling short of the major resistance levels, Stellar’s Lumen fell to a late morning intraday low $0.06300.

Steering clear of the first major support level at $0.06226, Stellar’s Lumen rallied to a late intraday high $0.065420.

Stellar’s Lumen came within range of the first major resistance level at $0.06544 before easing back to sub-$0.065 levels.

At the time of writing, Stellar’s Lumen was down by 0.22% to $0.064938. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.065175 before sliding to a low $0.064882.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLM/USD 30/06/20 Daily Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.06440 pivot to support a run at the first major resistance level at $0.06580.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Monday’s high $0.065420.

Barring another broad-based crypto rally, the first major resistance level and Monday’s high would likely limit any upside.

Failure to avoid a fall through the $0.06440 pivot could see Stellar’s Lumen struggle throughout the day.

A fall back through to sub-$0.064 levels would bring the first major support level at $0.06338 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.060 levels. The second major support level at $0.06198 should limit any downside on the day.

Looking at the Technical Indicators

Major Support Level: $0.06338

Major Resistance Level: $0.06580

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Tron’s TRX

Tron’s TRX rallied by 2.52% on Monday. Following on from a 1.94% gain on Sunday, Tron’s TRX ended the day at $0.01619.

Bullish throughout the day, Tron’s TRX rallied from an early morning intraday low $0.015786 to a late intraday high $0.016380.

Steering clear of the major support levels, Tron’s TRX broke through the first major resistance level at $0.01602.

Coming up against the second major resistance level at $0.01631, Tron’s TRX eased back to sub-$0.01620 levels.

At the time of writing, Tron’s TRX was up by 0.19% to $0.016220. A relatively bullish start to the day saw Tron’s TRX rise from an end of Sunday $0.01619 to an early high $0.01622

Tron’s TRX left the major support and resistance levels untested early on.

TRX/USD 30/06/20 Daily Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall through the $0.01612 pivot to support a run at the first major resistance level at $0.01645.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Monday’s high $0.01638.

Barring another broad-based crypto rally, the first major resistance level and Monday’s high would likely cap any upside.

Failure to avoid a fall through the $0.01612 pivot would bring the first major support level at $0.01586 into play.

Barring another extended crypto sell-off, Tron’s TRX should steer clear of sub-$0.015 levels. The second major support level at $0.01552 should limit any downside.

Looking at the Technical Indicators

Major Support Level: $0.01586

Major Resistance Level: $0.01645

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – June 29th, 2020

Litecoin

Litecoin rose by 0.71% on Sunday. Partially reversing a 4.67% slide from Saturday, Litecoin ended the week down by 3.82% to $41.32.

A bearish start to the day saw Litecoin fall to an early morning intraday low $40.40 before making a move.

Steering clear of the first major support level at $39.12, Litecoin rallied to a late afternoon intraday high $42.04.

Falling well short of the first major resistance level at $43.01, Litecoin eased back to $41 levels.

At the time of writing, Litecoin was flat at $41.32. A mixed start to the day saw Litecoin fall to an early morning low $41.15 before rising to a high $41.48.

Litecoin left the major support and resistance levels untested early in the day.

LTC/USD 29/06/20 Daily Chart

For the day ahead

Litecoin would need to avoid a fall through the $41.25 pivot to support a run at the first major resistance level at $42.11.

Support from the broader market would be needed, however, for Litecoin to break back through to $42 levels.

Barring another crypto rally, the first major resistance level and Sunday’s high $42.04 would likely cap any upside.

Failure to avoid a fall through the $41.25 pivot could see Litecoin struggle on the day.

A fall back through to sub-$41 levels would bring the first major support level at $40.47 into play.

Barring an extended crypto sell-off, Litecoin should steer clear of the second major support level at $39.61.

Looking at the Technical Indicators

Major Support Level: $40.47

Major Resistance Level: $42.11

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellar’s Lumen

Stellar’s Lumen rose by 2.39% on Sunday. Partially reversing a 5.73% slide from Saturday, Stellar’s Lumen ended the week down by 7.25% to $0.064041.

Tracking the broader market, Stellar’s Lumen fell to an early morning intraday low $0.061872 before finding support.

Steering clear of the first major support level at $0.05883, Stellar’s Lumen rallied to a late afternoon intraday high $0.06506.

Falling short of the first major resistance level at $0.06712, Stellar’s Lumen fell back to sub-$0.065 levels.

At the time of writing, Stellar’s Lumen was up by 1.40% to $0.06494. A bullish start to the day saw Stellar’s Lumen rise from an early morning low $0.064337 to a high $0.064940.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLM/USD 29/06/20 Daily Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.06370 pivot to support a run at the first major resistance level at $0.06544.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Sunday’s high $0.06506.

Barring another broad-based crypto rally, the first major resistance level and Sunday’s high would likely limit any upside.

Failure to avoid a fall through the $0.06370 pivot could see Stellar’s Lumen struggle later in the day.

A fall back through to sub-$0.064 levels would bring the first major support level at $0.06226 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.060 levels. The second major support level at $0.06047 should limit any downside on the day.

Looking at the Technical Indicators

Major Support Level: $0.06226

Major Resistance Level: $0.06544

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Tron’s TRX

Tron’s TRX rose by 1.94% on Sunday. Reversing a 1.97% loss from Saturday, Tron’s TRX ended the week down by 0.78% to $0.015729.

A bearish start to the day saw Tron’s TRX fall to an early intraday low $0.015326 before making a move.

Steering clear of the first major support level at $0.01494, Tron’s TRX rallied to a late intraday high $0.015961.

Falling short of the first major resistance level at $0.01604, Tron’s TRX fell back to $0.01570 levels late in the day.

At the time of writing, Tron’s TRX was up by 0.95% to $0.015878. A bullish start to the day saw Tron’s TRX rise from an early morning low $0.015786 to a high $0.016053.

Tron’s TRX tested the first major resistance level at $0.01602 early on.

TRX/USD 29/06/20 Daily Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall through the $0.01570 pivot to support another run at the first major resistance level at $0.01602.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.016 levels.

Barring another broad-based crypto rally, the first major resistance level and Sunday’s high would likely cap any upside.

Failure to avoid a fall through the $0.01570 pivot would bring the first major support level at $0.01538 into play.

Barring another extended crypto sell-off, Tron’s TRX should steer clear of sub-$0.015 levels. The second major support level at $0.01504 should limit any downside.

Looking at the Technical Indicators

Major Support Level: $0.01538

Major Resistance Level: $0.01602

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – June 25th, 2020

Litecoin

Litecoin slid by 3.62% on Wednesday. Following on from a 0.45% decline on Tuesday, Litecoin ended the day at $42.56.

A bullish start to the day saw Litecoin rally to a mid-morning intraday high $44.60 before hitting reverse.

Litecoin broke through the first major resistance level at $44.45 before tumbling to a mid-afternoon intraday low $42.00.

The sell-off saw Litecoin fall through the major support levels of the day before steadying.

In spite of a partial recovery, however, Litecoin failed to break back through the third major support level at $43.01.

At the time of writing, Litecoin was up by 0.49% to $42.77. A mixed start to the day saw Litecoin fall to an early morning low $42.38 before striking a high $42.79.

Litecoin left the major support and resistance levels untested early in the day.

LTC/USD 25/06/20 Daily Chart

For the day ahead

Litecoin would need to move through the $43.0 pivot to support a run at the first major resistance level at $44.01.

Support from the broader market would be needed, however, for Litecoin to break back through to $44 levels.

Barring another crypto rally, the first major resistance level and Wednesday’s high $44.45 would likely cap any upside.

Failure to move through the $43.0 pivot could see Litecoin struggle on the day.

A fall back through Wednesday’s low $42.00 would bring the first major support level at $41.56 into play.

Barring another extended crypto sell-off, Litecoin should steer clear of sub-$40 levels. The second major support level at $40.55 should limit any downside.

Looking at the Technical Indicators

Major Support Level: $41.56

Major Resistance Level: $44.01

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellar’s Lumen

Stellar’s Lumen slid by 4.53% on Wednesday. Following on from a 1.13% decline on Tuesday, Stellar’s Lumen ended the day at $0.068936.

Tracking the broader market, Stellar’s Lumen struck an early morning intraday high $0.072724 before hitting reverse.

Stellar’s Lumen broke through the first major resistance level at $0.07239 before sliding to a mid-afternoon intraday low $0.068275.

The sell-off saw Stellar’s Lumen fall through the first major support level at $0.07007 and second major support level at $0.06902.

Late in the day, Stellar’s Lumen briefly broke back through the second major support level before sliding back.

At the time of writing, Stellar’s Lumen was down by 0.31% to $0.068723. A bearish start to the day saw Stellar’s Lumen fall from an early morning high $0.068942 to a low $0.068618.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLM/USD 25/06/20 Daily Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.070 pivot to support a run at the first major resistance level at $0.07168.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.071 levels.

Barring another broad-based crypto rally, the first major resistance level would likely limit any upside.

Failure to move through the $0.070 pivot could see Stellar’s Lumen struggle throughout the day.

A fall back through this morning low $0.068618 would the first major support level at $0.06723 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer well clear of the second major support level at $0.06553.

Looking at the Technical Indicators

Major Support Level: $0.06723

Major Resistance Level: $0.07168

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Tron’s TRX

Tron’s TRX slid by 3.44% on Wednesday. Reversing a 0.54% gain from Tuesday, Tron’s TRX ended the day at $0.015959.

A bullish start to the day saw Tron’s rally to a mid-morning intraday low $0.016841 before hitting reverse.

Coming up against the first major resistance level at $0.01681, Tron’s TRX slid to an early afternoon intraday low $0.015704.

Tron’s TRX fell through the first major support level at $0.01623 and the second major support level at $0.01594.

Finding late support, Tron’s TRX briefly moved back through to $0.016 levels before easing back.

The second major support level at $0.01594 limited the downside late in the day.

At the time of writing, Tron’s TRX was down by 0.38% to $0.015899. A bearish start to the day saw Tron’s TRX fall from an early morning high $0.015929 to a low $0.015899.

Tron’s TRX left the major support and resistance levels untested early on.

TRX/USD 25/06/20 Daily Chart

For the Day Ahead

Tron’s TRX would need to move through the $0.01620 pivot to support a run at the first major resistance level at $0.01663.

Support from the broader market would be needed, however, for Tron’s TRX to break out from $0.01650 levels.

Barring another broad-based crypto rally, the first major resistance level and Wednesday’s high $0.016841 would likely cap any upside.

In the event of another breakout, $0.017 levels and the second major resistance level at $0.01731 would come into play.

Failure to move through the $0.01620 pivot would bring the first major support level at $0.01550 into play.

Barring another extended crypto sell-off, Tron’s TRX should steer clear of the second major support level at $0.01503.

Looking at the Technical Indicators

Major Support Level: $0.01550

Major Resistance Level: $0.01663

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – June 24th, 2020

Litecoin

Litecoin fell by 0.45% on Tuesday. Partially reversing a 3.12% gain from Monday, Litecoin ended the day at $44.16.

A bearish start to the day saw Litecoin fall from an early morning high $44.45 to a mid-morning intraday low $43.88.

Steering clear of the first major support level at $43.25, Litecoin bounced back to an early afternoon intraday high $44.46.

Falling well short of the first major resistance level at $45.00, Litecoin fell back to sub-$44 levels. Finding support in the final hour, Litecoin recovered to $44 levels to limit the loss on the day.

At the time of writing, Litecoin was up by 0.11% to $44.21. A mixed start to the day saw Litecoin fall to an early morning low $44.12 before rising to a high $44.25.

Litecoin left the major support and resistance levels untested early in the day.

LTC/USD 24/06/20 Daily Chart

For the day ahead

Litecoin would need to avoid a fall back through the $44.20 pivot to support a run at the first major resistance level at $44.45.

Support from the broader market would be needed, however, for Litecoin to break out from the morning high $44.25.

Barring another crypto rally, the first major resistance level and Tuesday’s high $44.46 would likely cap any upside.

Failure to avoid a fall back through the $44.20 pivot could see Litecoin struggle on the day.

A fall back through to sub-$44 levels would bring the first major support level at $43.87 into play.

Barring an extended crypto sell-off, Litecoin should steer clear of sub-$43 levels. The second major support level at $43.59 should limit any downside.

Looking at the Technical Indicators

Major Support Level: $43.87

Major Resistance Level: $44.45

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellar’s Lumen

Stellar’s Lumen fell by 1.13% on Tuesday. Partially reversing a 4.14% rally from Monday, Stellar’s Lumen ended the day at $0.071124.

It was a bearish day for Stellar’s Lumen. Stellar’s Lumen slid to a late morning intraday low $0.070281 before making a move.

Steering clear of the first major support level at $0.06988, Stellar’s Lumen rallied to an early afternoon intraday high $0.07260.

Falling short of the first major resistance level at $0.07310, Stellar’s Lumen slid back to a low $0.071059 before steadying.

At the time of writing, Stellar’s Lumen was up by 0.25% to $0.071289. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.070806 before striking a high $0.071687.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLM/USD 24/06/20 Daily Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.07135 pivot to support a run at the first major resistance level at $0.07239.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.072 levels.

Barring another broad-based crypto rally, the first major resistance level and Tuesday’s high $0.07260 would likely limit any upside.

Failure to move through the $0.07135 pivot could see Stellar’s Lumen struggle throughout the day.

A fall back through to sub-$0.071 levels would the first major support level at $0.07007 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.06902.

Looking at the Technical Indicators

Major Support Level: $0.07007

Major Resistance Level: $0.07239

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Tron’s TRX

Tron’s TRX rose by 0.54% on Tuesday. Following on from a 3.37% rally on Monday, Tron’s TRX ended the day at $0.016528.

A bearish start to the day saw Tron’s fall to a mid-morning intraday low $0.016224 before making a move.

Steering clear of the first major support level at $0.016000, Tron’s TRX rallied to a late intraday high $0.01680.

Tron’s TRX broke through the first major resistance level at $0.01662 before sliding back to sub-$0.0166 levels.

The second major resistance level at $0.01685 pinned Tron’s TRX back late in the day.

At the time of writing, Tron’s TRX was up by 0.10% to $0.016544. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.016522 before striking a high $0.016544.

Tron’s TRX left the major support and resistance levels untested early on.

TRX/USD 24/06/20 Daily Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall through the $0.01650 pivot to support a run at the first major resistance level at $0.01681.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Tuesday’s high $0.01680.

Barring another broad-based crypto rally, the first major resistance level and Tuesday’s high $0.01680 would likely cap any upside.

In the event of another breakout, $0.017 levels and the second major resistance level at $0.01709 would come into play.

Failure to avoid the $0.01650 pivot would bring the first major support level at $0.01623 into play.

In the event of an extended crypto sell-off, Tron’s TRX would likely test the second major support level at $0.01594 before any recovery.

Looking at the Technical Indicators

Major Support Level: $0.01623

Major Resistance Level: $0.01681

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – June 23rd, 2020

Litecoin

Litecoin rose by 3.12% on Monday. Reversing a 1.38% loss from Sunday, Litecoin ended the day at $44.30.

A bullish start to the day saw Litecoin rise from an early morning intraday low $42.91 to a mid-morning high $43.93.

Litecoin broke through the first major resistance level at $43.55 before easing back to sub-$43.50 levels.

Finding support from the broader market, however, Litecoin rallied to a late intraday high $44.66 before easing back.

Breaking back through the first major resistance level, Litecoin broke through the second major resistance level at $44.15.

In spite of easing back late in the day, Litecoin held above the second major resistance level to the day end.

At the time of writing, Litecoin was down by 0.52% to $44.07. A mixed start to the day saw Litecoin rise to an early morning high $44.45 before falling to a low $43.96

Litecoin left the major support and resistance levels untested early in the day.

LTC/USD 23/06/20 Daily Chart

For the day ahead

Litecoin would need to avoid a fall through the $43.96 pivot to support a run at the first major resistance level at $45.00.

Support from the broader market would be needed, however, for Litecoin to break out from Monday’s high $44.66.

Barring another crypto rally, the first major resistance level and Monday’s high would likely cap any upside.

Failure to avoid a fall through the $43.96 pivot could see Litecoin struggle on the day.

A fall back through to sub-$44 levels would bring the first major support level at $43.25 into play.

Barring an extended crypto sell-off, Litecoin should steer clear of sub-$43 and the second major support level at $42.21.

Looking at the Technical Indicators

Major Support Level: $43.25

Major Resistance Level: $45.00

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellar’s Lumen

Stellar’s Lumen rallied by 4.14% on Monday. Reversing a 1.90% loss from Sunday, Stellar’s Lumen ended the day at $0.071908.

It was a bullish day for Stellar’s Lumen. Stellar’s Lumen rallied from an early morning intraday low 0.069048 to a late intraday high $0.072149.

Avoiding the major support levels, Stellar’s Lumen broke through the first major resistance level at $0.06971 and the second major resistance level at $0.07083.

Coming up short of the third major resistance level at $0.07250, Stellar’s Lumen slipped back to sub-$0.072 levels.

At the time of writing, Stellar’s Lumen was down by 1.26% to $0.071000. A bearish start to the day saw Stellar’s Lumen fall from an early morning high $0.071935 to a low $0.071000.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLM/USD 23/06/20 Daily Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.071 pivot to support a run at the first major resistance level at $0.07310.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Monday’s high $0.07226.

Barring another broad-based crypto rally, the first major resistance level would likely limit any upside.

Failure to avoid the $0.071 pivot could see Stellar’s Lumen struggle throughout the day.

A fall through to sub-$0.071 levels would the first major support level at $0.06988 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.06786.

Looking at the Technical Indicators

Major Support Level: $0.06988

Major Resistance Level: $0.07310

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Tron’s TRX

Tron’s TRX rallied by 3.37% on Monday. Reversing a 0.76% decline from Sunday, Tron’s TRX ended the day at $0.016386.

A bullish start to the day saw Tron’s rise from an early intraday low $0.015851 to an early afternoon high $0.016387.

Tron’s TRX broke through the day’s major resistance levels before easing back to an afternoon low $0.016164.

The pullback saw Tron’s TRX fall back through the third major resistance level at $0.01625 before resuming the breakout.

Finding support from the broader market, Tron’s TRX rallied to a late intraday high $0.016469.

Tron’s TRX broke back through and held above the third major resistance level at $0.01625 to the day end.

At the time of writing, Tron’s TRX was down by 0.37% to $0.016326. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.016468 before falling to a low $0.016274.

Tron’s TRX left the major support and resistance levels untested early on.

TRX/USD 23/06/20 Daily Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall through the $0.01625 pivot to support a run at the first major resistance level at $0.01662.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Monday’s high $0.016469.

Barring another broad-based crypto rally, the first major resistance level would likely cap any upside.

In the event of another breakout, the second major resistance level at $0.01684 and $0.017 levels would come into play.

Failure to avoid the $0.01625 pivot would bring the first major support level at $0.01600 into play.

In the event of an extended crypto sell-off, Tron’s TRX would likely test the second major support level at $0.01562 before any recovery.

Looking at the Technical Indicators

Major Support Level: $0.01600

Major Resistance Level: $0.01662

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – June 22nd, 2020

Litecoin

Litecoin fell by 1.38% on Sunday. Partially reversing a 1.80% gain from Saturday, Litecoin ended the week down by 2.27% to $42.96.

A bullish start to the day saw Litecoin rise to an early morning intraday high $43.82 before hitting reverse.

Falling short of the first major resistance level at $44.20, Litecoin slid to a late intraday low $42.90.

Steering clear of the first major support level at $42.56, Litecoin briefly revisited $43 levels before easing back.

At the time of writing, Litecoin was up by 0.30% to $43.09. A mixed start to the day saw Litecoin fall to an early morning low $42.91 before rising to a high $43.14.

Litecoin left the major support and resistance levels untested early in the day.

LTC/USD 22/06/20 Daily Chart

For the day ahead

Litecoin would need to move through the $43.25 pivot to support a run at the first major resistance level at $43.55.

Support from the broader market would be needed, however, for Litecoin to break back through the morning high $43.14.

Barring broad-based crypto rebound, the first major resistance level and Sunday’s high $43.82 would likely cap any upside.

Failure to move through the $43.25 pivot could see Litecoin struggle on the day.

A fall back through the morning low $42.91 would bring the first major support level at $42.63 into play.

Barring another extended crypto sell-off, Litecoin should steer clear of sub-$42 levels. The second major support level sits at $42.31 should limit the downside.

Looking at the Technical Indicators

Major Support Level: $42.63

Major Resistance Level: $43.55

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellar’s Lumen

Stellar’s Lumen slid by 1.90% on Sunday. Following on from a 0.17% loss on Saturday, Stellar’s Lumen ended the week down by 2.93% to $0.06860.

It was a choppy day for Stellar’s Lumen. Stellar’s Lumen rose to an early morning intraday high $0.070271 before hitting reverse.

Coming up short of the first major resistance level at $0.070390, Stellar’s Lumen slid to an early afternoon low $0.069298.

Steering clear of the first major support level at $0.06856, Stellar’s Lumen recovered to $0.0696 levels before a late pull back.

The pullback saw Stellar’s Lumen fall to an intraday low $0.0686. Support at the first major support level at $0.06856 limited the downside at the day end.

At the time of writing, Stellar’s Lumen was up by 0.69% to $0.069070. A bullish start to the day saw Stellar’s Lumen rise from an end of Sunday $0.06860 to an early morning high $0.069070.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLM/USD 22/06/20 Daily Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.06920 pivot to support a run at the first major resistance level at $0.06971.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.06950 levels.

Barring a broad-based crypto rally, the first major resistance level and Sunday’s high $0.070271 would likely limit any upside.

Failure to move through the $0.06920 pivot could see Stellar’s Lumen struggle throughout the day.

A fall through the morning low $0.069048 would the first major support level at $0.06804 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.067 levels. The second major support level at $0.06749 should limit any downside.

Looking at the Technical Indicators

Major Support Level: $0.06804

Major Resistance Level: $0.06971

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Tron’s TRX

Tron’s TRX fell by 0.76% on Sunday. Partially reversing a 1.19% gain from Saturday, Tron’s TRX ended the week down by 1.55% to $0.015831.

A bullish start to the day saw Tron’s rise to an early morning intraday $0.016033 before hitting reverse.

Coming up short of the first major resistance level at $0.01616, Tron’s TRX slid to a late intraday low $0.015825.

Steering clear of the first major support level at $0.01578, Tron’s TRX recovered to $0.01583 levels to limit the loss on the day.

At the time of writing, Tron’s TRX was up by 0.21% to $0.015864. A bullish start to the day saw Tron’s TRX rise from an end of Sunday $0.015831 to an early morning high $0.015864.

Tron’s TRX left the major support and resistance levels untested early on.

TRX/USD 22/06/20 Daily Chart

For the Day Ahead

Tron’s TRX would need to move through the $0.01590 pivot to support a run at the first major resistance level at $0.01596.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.01590 levels.

Barring a broad-based crypto rally, the first major resistance level and Sunday’s high $0.016033 would likely cap any upside.

Failure to move through the $0.01590 pivot would bring the first major support level at $0.01578 into play.

In the event of an extended crypto sell-off, Tron’s TRX would likely test the second major support level at $0.01574 before any recovery.

Looking at the Technical Indicators

Major Support Level: $0.01578

Major Resistance Level: $0.01596

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – June 18th, 2020

Litecoin

Litecoin rose by 0.30% on Wednesday. Following on from a 0.23% gain on Tuesday, Litecoin ended the day at $44.02.

It was a mixed start to the day. Litecoin fell to an early morning low $43.43 before rallying to an early afternoon intraday high $45.05.

Litecoin broke through the first major resistance level at $44.27 and second major resistance level at $44.69 before hitting reverse.

The reversal saw Litecoin slide to a late intraday low $42.97 before bouncing back to $44 levels and into the green.

Falling through the first major support level at $43.38, Litecoin found support at the second major support level at $42.91.

At the time of writing, Litecoin was up by 0.14% to $44.08. A mixed start to the day saw Litecoin fall to an early morning low $43.90 before striking a high $44.09.

Litecoin left the major support and resistance levels untested early in the day.

LTC/USD 18/06/20 Daily Chart

For the day ahead

Litecoin would need to avoid a fall back through the $44 pivot to support a run at the first major resistance level at $45.06.

Support from the broader market would be needed, however, for Litecoin to break back through to $45 levels.

Barring broad-based crypto rebound, the first major resistance level and Wednesday’s high $45.05 would likely cap any upside.

Failure to avoid a fall through the $44 pivot could see Litecoin struggle on the day.

A fall back through the morning low $43.90 would bring the first major support level at $42.98 into play.

In the event of another extended crypto sell-off, Litecoin should steer clear of sub-$42 levels. The second major support level sits at $41.93.

Looking at the Technical Indicators

Major Support Level: $42.98

Major Resistance Level: $45.06

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellar’s Lumen

Stellar’s Lumen rose by 0.91% on Wednesday. Following on from a 1.24% gain on Tuesday, Stellar’s Lumen ended the day at $0.071769.

It was a choppy day for Stellar’s Lumen and the broader market. Stellar’s Lumen fell to an early morning low $0.070303 before making a move.

Steering clear of the first major support level at $0.06985, Stellar’s Lumen rallied to an early afternoon intraday high $0.074263.

Stellar’s Lumen broke through the first major resistance level at $0.0719 and the second major resistance level at $0.07297.

A late sell-off, however, saw Stellar’s Lumen slide to an intraday low $0.069801 before rebounding.

Finding support at the first major support level at $0.06985, Stellar’s Lumen bounced back to a high $0.071875 before easing back.

The first major resistance level at $0.07190 pinned Stellar’s Lumen back late in the day.

At the time of writing, Stellar’s Lumen was up by 0.16% to $0.071883. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.071779 before rising to a high $0.071883.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLM/USD 18/06/20 Daily Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.07194 pivot to support a run at the first major resistance level at $0.07409.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.074 levels.

Barring a broad-based crypto rally, the first major resistance level and Wednesday’s high $0.074263 would likely limit any upside.

Failure to move through the $0.07194 pivot could see Stellar’s Lumen struggle throughout the day.

A fall through to sub-$0.070 levels would the first major support level at $0.06963 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.06748.

Looking at the Technical Indicators

Major Support Level: $0.06963

Major Resistance Level: $0.07409

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Tron’s TRX

Tron’s TRX rose by 1.00% on Wednesday. Following on from a 0.06% gain on Tuesday, Tron’s TRX ended the day at $0.016240.

It was a mixed start to the day. Tron’s TRX fell to an early morning low $0.016007 before making a move.

Finding support at the first major support level at $0.01601, Tron’s TRX rallied to an early afternoon intraday high $0.016460.

Tron’s TRX broke through the first major resistance level at $0.01629 before hitting reverse.

Coming up against the second major resistance level at $0.01642, Tron’s TRX slid to a late intraday low $0.015879.

The sell-off saw Tron’s TRX fall through the first major support level at $0.01601 before recovering.

Finding support at the second major support level at $0.01586, Tron’s TRX bounced back to a high $0.016240.

At the time of writing, Tron’s TRX was down by 0.10% to $0.016223. A bearish start to the day saw Tron’s TRX fall from an early morning high $0.016223 to a low $0.016204.

Tron’s TRX left the major support and resistance levels untested early on.

TRX/USD 18/06/20 Daily Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall through the $0.01620 pivot to support a run at the first major resistance level at $0.01651.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.01640 levels.

Barring a broad-based crypto rally, the first major resistance level and Wednesday’s high $0.01646 would likely cap any upside.

Failure to avoid a fall through the $0.01620 pivot would bring the first major support level at $0.01593 into play.

In the event of an extended crypto sell-off, Tron’s TRX would likely test the second major support level at $0.01561 before any recovery.

Looking at the Technical Indicators

Major Support Level: $0.01593

Major Resistance Level: $0.01651

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – June 17th, 2020

Litecoin

Litecoin rose by 0.23% on Tuesday. Partially reversing a 0.50% fall from Monday, Litecoin ended the day at $43.86.

It was a mixed start to the day. Litecoin fell to an early morning low $43.43 before rising to an early intraday high $44.21.

Falling short of the first major resistance level at $44.63, Litecoin fell to a midday intraday low $43.32

Steering clear of the first major support level at $42.30, Litecoin found support late on to end the day in the green.

At the time of writing, Litecoin was down by 0.93% to $43.45. A bearish start to the day saw Litecoin fall from an early morning high $43.90 to a low $43.43.

Litecoin left the major support and resistance levels untested early in the day.

LTC/USD 17/06/20 Daily Chart

For the day ahead

Litecoin would need to move through the $43.80 pivot to support a run at the first major resistance level at $44.27.

Support from the broader market would be needed, however, for Litecoin to break back through to $44 levels.

Barring broad-based crypto rebound, the first major resistance level would likely cap any upside.

Failure to move back through the $43.80 pivot could see Litecoin fall further back into the red.

A fall back through the morning low $43.43 would bring the first major support level at $43.38 into play.

In the event of another extended crypto sell-off, the second major support level at $42.91 would likely come into play.

Looking at the Technical Indicators

Major Support Level: $43.38

Major Resistance Level: $44.27

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellar’s Lumen

Stellar’s Lumen rose by 1.24% on Tuesday. Reversing a 0.15% fall from Monday, Stellar’s Lumen ended the day at $0.070824.

It was a bullish start to the day. Stellar’s Lumen rose from an early morning intraday low $0.069558 to a late morning intraday high $0.07200.

Falling short of the first major resistance level at $0.07283, Stellar’s Lumen fell back to a low $0.070084.

Finding support from the broader market, however, Stellar’s Lumen revisited $0.071 levels before easing back.

At the time of writing, Stellar’s Lumen was down by 0.42% to $0.070524. A bearish start to the day saw Stellar’s Lumen fall from an early morning high $0.071123 to a low $0.070524.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLM/USD 17/06/20 Daily Chart

For the day ahead

Stellar’s Lumen would need to move back through the $0.07090 pivot to support a run at the first major resistance level at $0.07190.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.071 levels.

Barring a broad-based crypto rally, the first major resistance level and Tuesday’s high $0.072 would likely limit any upside.

Failure to move through the $0.07090 pivot could see Stellar’s Lumen struggle throughout the day.

A fall through to sub-$0.070 levels would the first major support level at $0.06985 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.06889.

Looking at the Technical Indicators

Major Support Level: $0.06985

Major Resistance Level: $0.07190

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Tron’s TRX

Tron’s TRX gained just 0.06% on Tuesday. Following a 0.29% rise on Monday, Tron’s TRX ended the day at $0.016157.

It was a relatively bullish start to the day. Tron’s TRX rose an early morning intraday high $0.016275 before hitting reverse.

Falling short of the first major resistance level at $0.01654, Tron’s TRX slid to an early afternoon intraday low $0.015993.

Steering clear of the first major support level at $0.01538, Tron’s TRX recovered to $0.0165 levels to end the day flat.

At the time of writing, Tron’s TRX was down by 0.93% to $0.016007. A bearish start to the day saw Tron’s TRX fall from an early morning high $0.016102 to a low $0.016007.

Tron’s TRX left the major support and resistance levels untested early on.

TRX/USD 17/06/20 Daily Chart

For the Day Ahead

Tron’s TRX would need to move through the $0.01614 pivot to support a run at the first major resistance level at $0.01629.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Tuesday’s high $0.016275.

Barring a broad-based crypto rally, the first major resistance level and Tuesday’s high would likely cap any upside.

Failure to move back through the $0.01614 pivot would bring the first major support level at $0.01601 into play.

In the event of an extended crypto sell-off, Tron’s TRX would likely test the second major support level at $0.01586 before any recovery.

Looking at the Technical Indicators

Major Support Level: $0.01601

Major Resistance Level: $0.01629

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – June 16th, 2020

Litecoin

Litecoin fell by 0.50% on Monday. Following on from a 2.42% decline on Sunday, Litecoin ended the day at $43.74.

It was a bearish start to the day. Litecoin slid from an early morning high $44.04 to a mid-morning intraday low $41.75.

Litecoin fell through the first major support level $43.33 and second major support level at $42.66.

Finding late support in the late morning, Litecoin broke back through the major support levels to a late intraday high $44.08.

Falling short of the first major resistance level at $44.87, Litecoin eased back to sub-$44 and into the red.

At the time of writing, Litecoin was down by 0.55% to $43.50. A bearish start to the day saw Litecoin fall from an early morning high $43.85 to a low $43.43.

Litecoin left the major support and resistance levels untested early in the day.

LTC/USD 16/06/20 Daily Chart

For the day ahead

Litecoin would need to avoid a fall through the $43.19 pivot to support a run at the first major resistance level at $44.63.

Support from the broader market would be needed, however, for Litecoin to break out from Monday’s high $44.08.

Barring broad-based crypto rebound, the first major resistance level would likely cap any upside.

Failure to avoid a fall through the $43.19 pivot could see Litecoin fall further back.

A fall back through to sub-$43 levels would bring the first major support level at $42.30 into play.

Barring another extended crypto sell-off, however, Litecoin should steer clear of sub-$40 levels. The second major support level at $40.86 should limit any downside.

Looking at the Technical Indicators

Major Support Level: $42.30

Major Resistance Level: $44.63

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellar’s Lumen

Stellar’s Lumen fell by 0.15% on Monday. Following on from a 3.72% slide on Sunday, Stellar’s Lumen ended the day at $0.070564.

A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.070855 before hitting reverser.

Falling short of the first major resistance level at $0.07315, Stellar’s Lumen slid to a mid-morning intraday low $0.065800.

Stellar’s Lumen fell through the first major support level at $0.06987 and the second major support level at $0.06861.

Steering clear of the third major support level at $0.06533, Stellar’s Lumen rallied to a late intraday high $0.071578.

Falling well short of the first major resistance level at $0.07315, Stellar’s Lumen eased back into the red.

At the time of writing, Stellar’s Lumen was down by 0.85% to $0.069962. A bearish start to the day saw Stellar’s Lumen fall from an early morning high $0.069962 to a low $0.069958

Stellar’s Lumen left the major support and resistance levels untested early on.

XLM/USD 16/06/20 Daily Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.06930 pivot to support a run at the first major resistance level at $0.07283.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Monday’s high $0.071578.

Barring a broad-based crypto rally, resistance at $0.072 would likely leave Stellar’s Lumen short of the first major resistance level.

Failure to avoid a fall through the $0.06931 pivot could see Stellar’s Lumen struggle throughout the day.

A fall through the pivot would the first major support level at $0.06705 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.06354.

Looking at the Technical Indicators

Major Support Level: $0.06705

Major Resistance Level: $0.07283

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Tron’s TRX

Tron’s TRX rose by 0.29% on Monday. Following on from a 2.64% fall on Sunday, Tron’s TRX ended the day at $0.016126.

It was a bearish start to the day. Tron’s TRX slid from an early morning high $0.016080 to a mid-morning intraday low $0.015058.

Tron’s TRX fell through the first major support level at $0.01589 and the second major support level at $0.01556.

Finding support at $0.015, Tron’s TRX rallied to a late intraday high $0.016220 before easing back into the red.

At the time of writing, Tron’s TRX was down by 0.46% to $0.016052. A bearish start to the day saw Tron’s TRX fall from an early morning high $0.016147 to a low $0.016042.

Tron’s TRX left the major support and resistance levels untested early on.

TRX/USD 16/06/20 Daily Chart

For the Day Ahead

Tron’s TRX would need to avoid sub-$0.01580 levels to support a run at the first major resistance level at $0.01654.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Monday’s high $0.016220.

Barring a broad-based crypto rally, the first major resistance level and Monday’s high $0.016220 would likely cap any upside.

Failure to avoid a fall through the $0.01580 pivot would bring the first major support level at $0.01538 into play.

Barring another extended crypto sell-off, however, Tron’s TRX should steer well clear of the second major support level at $0.01464.

Looking at the Technical Indicators

Major Support Level: $0.01538

Major Resistance Level: $0.01654

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – June 15th, 2020

Litecoin

Litecoin fell by 2.42% on Sunday. Reversing a 0.85% gain from Saturday, Litecoin ended the week down by 5.68% to $43.99.

It was a bearish start to the day, with Litecoin sliding from an early morning intraday high $45.08 to a late intraday low $43.54.

Litecoin fell through the first major support level $44.48 and second major support level at $43.89.

Finding late support, Litecoin broke back through the second major support level to briefly revisit $44 levels.

At the time of writing, Litecoin was down by 1.59% to $43.29. A bearish start to the day saw Litecoin fall from an early morning high $44.04 to a low $43.12.

Litecoin fell through the first major support level at $43.33 early in the day.

LTC/USD 15/06/20 Daily Chart

For the day ahead

Litecoin would need to move through to $44.20 levels to support a run at the first major resistance level at $44.87.

Support from the broader market would be needed, however, for Litecoin to break out from the first major support level.

Barring another extended crypto rally, the first major resistance level and Sunday’s high $45.08 should limit any upside.

Failure to move through the $44.20 pivot could see Litecoin fall deeper into the red.

A fall back through the morning low $43.12 levels would bring sub-$43 levels into play before any recovery.

Barring an extended crypto sell-off, however, Litecoin should steer clear of the second major support level at $42.66.

Looking at the Technical Indicators

Major Support Level: $43.33

Major Resistance Level: $44.87

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellar’s Lumen

Stellar’s Lumen slid by 3.72% on Sunday. Reversing a 2.10% gain from Saturday, Stellar’s Lumen ended the week down by 9.98% to $0.071133.

Bearish through the day, Stellar’s Lumen slid from an early morning intraday high $0.073894 to a late intraday low $0.070618.

Stellar’s Lumen fell through the first major support level at $0.07229 and the second major support level at $0.070890.

Finding late support, Stellar’s Lumen moved back through to $0.07230 levels before falling back through the first major support level.

At the time of writing, Stellar’s Lumen was down by 2.46% to $0.069382. A bearish start to the day saw Stellar’s Lumen fall from an early morning high $0.070855 to a low $0.069280.

Stellar’s Lumen fell through the first major support level at $0.069870 early on.

XLM/USD 15/06/20 Daily Chart

For the day ahead

Stellar’s Lumen would need to move through to $0.7190 levels to support a run at the first major resistance level at $0.07315.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through the first major support level.

Barring an extended crypto rally, resistance at $0.072 would likely leave Stellar’s Lumen short of the major resistance levels.

Failure to move through to $0.07190 levels could see Stellar’s Lumen fall deeper into the red.

A fall through the morning low $0.069280 would bring sub-$0.069 levels into play before any recovery.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.06861.

Looking at the Technical Indicators

Major Support Level: $0.06987

Major Resistance Level: $0.07315

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Tron’s TRX

Tron’s TRX fell by 2.64% on Sunday. Reversing a 1.62% gain from Saturday, Tron’s TRX ended the week down by 10.78% to $0.016223.

It was a mixed start to the day. Tron’s TRX rose to an early morning intraday high $0.016678 before hitting reverse.

Falling short of the first major resistance level at $0.01688, Tron’s TRX slid to a mid-afternoon intraday low $0.015953.

Tron’s TRX fell through the first major support level at $0.01634 and the second major support level at $0.01598.

Finding late support, Tron’s TRX briefly recovered to 0.01636 levels before revisiting sub-$0.016 levels.

Falling back through the first major support level, Tron’s TRX found support at the second major support level late on.

At the time of writing, Tron’s TRX was down by 2.56% to $0.015807. A bearish start to the day saw Tron’s TRX slide from an early morning high $0.016080 to a low $0.015765.

Tron’s TRX fell through the first major support level at $0.01589 early on.

TRX/USD 15/06/20 Daily Chart

For the Day Ahead

Tron’s TRX would need to move through to $0.01628 levels to support a run at the first major resistance level at $0.01662.

Support from the broader market would be needed, however, for Tron’s TRX to break out from the first major support level at $0.01589.

Barring a broad-based crypto rally, resistance at $0.016 would likely leave Tron’s TRX short of the first major resistance level.

Failure to move through the $0.01628 pivot would bring the second major support level at $0.01556 into play.

Barring an extended crypto sell-off, however, Tron’s TRX should steer well clear of the third major support level at $0.01483.

Looking at the Technical Indicators

Major Support Level: $0.01589

Major Resistance Level: $0.01662

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – June 11th, 2020

Litecoin

Litecoin rose by 1.79% on Wednesday. Reversing a 1.23% fall from Tuesday, Litecoin ended the day at $46.71.

A mixed start to the day saw Litecoin rise to a mid-morning high $46.30 before hitting reverse.

Falling short of the first major resistance level at $46.74, Litecoin slid to a late morning intraday low $45.64.

Steering clear of the first major support level at $45.26, Litecoin rallied to a late afternoon intraday high $47.15.

Litecoin broke through the first major resistance level at $46.74 before falling back to a low $46.01.

Finding support late on, Litecoin moved back through to $46.70 levels to deliver the upside on the day. The first major resistance level at $46.74 pinned Litecoin back late on.

At the time of writing, Litecoin was up by 0.13% to $46.77. A mixed start to the day saw Litecoin fall to an early morning low $46.64 before rising to a high $46.85

Litecoin left the major support and resistance levels untested early on.

LTC/USD 11/06/20 Daily Chart
LTC/USD 11/06/20 Daily Chart

For the day ahead

Litecoin would need to avoid sub-$46.50 levels to support a run at the first major resistance level at $47.36.

Support from the broader market would be needed, however, for Litecoin to break out from Wednesday’s high $47.15.

Barring another extended crypto rally, the first major resistance level at $47.36 and Wednesday high should limit any upside.

Failure to avoid sub-$46.50 levels could see Litecoin cough up Wednesday’s gain.

A fall back through the morning low to sub-$46.50 levels would bring the first major support level at $45.85 into play.

Barring an extended crypto sell-off, however, Litecoin should steer clear of the second major support level at $44.99.

Looking at the Technical Indicators

Major Support Level: $45.85

Major Resistance Level: $47.36

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellar’s Lumen

Stellar’s Lumen rose by 1.11% on Wednesday. Partially reversing a 1.76% fall from Tuesday, Stellar’s Lumen ended the day at $0.079034.

It was a mixed start to the day. Stellar’s Lumen fell to an early morning intraday low $0.077879 before finding support.

Steering clear of the first major support level at $0.07730, Stellar’s Lumen rose to a late morning high $0.078987.

Coming up short of the major resistance levels, Stellar’s Lumen fell back to sub-$0.078 levels before making a move.

Through the late afternoon, Stellar’s Lumen struck a high $0.079028 before easing back.

Falling short of the first major resistance level at $0.08007, Stellar’s Lumen fell back to sub-$0.078 levels before finding late support.

A relatively bullish end to the day delivered the upside on the day and a final hour intraday high $0.079034.

At the time of writing, Stellar’s Lumen was up by 0.43% to $0.079377. A bullish start to the day saw Stellar’s Lumen rise from an early morning low $0.079218 to a high $0.079377.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLM/USD 11/06/20 Daily Chart
XLM/USD 11/06/20 Daily Chart

For the day ahead

Stellar’s Lumen would need to avoid sub-$0.07870 levels to support a run at the first major resistance level at $0.07942.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from the morning high $0.079377.

In the event of an extended crypto rally, the second major resistance level at $0.07980 would likely limit any upside.

Failure to avoid sub-$0.07870 levels could see Stellar’s Lumen give up Wednesday’s gain.

A fall through the $0.07865 pivot would bring the first major support level at $0.07827 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear sub-$0.077 levels. The second major support level at $0.07750 should limit any downside.

Looking at the Technical Indicators

Major Support Level: $0.07827

Major Resistance Level: $0.07942

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Tron’s TRX

Tron’s TRX rose by 0.60% on Wednesday. Partially reversing a 2.34% slide from Tuesday, Tron’s TRX ended the day at $0.017625.

A mixed start to the day saw Tron’s TRX rise to a mid-morning high $0.017669 before hitting reverse.

Falling short of the first major resistance level at $0.01787, Tron’s TRX slid to a late morning low $0.017351.

Steering clear of the major support levels, Tron’s TRX struck a late afternoon intraday high $0.017669 before easing back.

Coming up short of the first major resistance level at $0.01787, Tron’s TRX fell to a late intraday low $0.017249 and into the red.

Finding support at the first major support level at $0.017310, Tron’s TRX bounced back to wrap up the day at $0.0176 levels.

At the time of writing, Tron’s TRX was up by 0.27% to $0.017673. A relatively bullish start to the day saw Tron’s TRX rise from an early morning low $0.017612 to a high $0.017673.

Tron’s TRX left the major support and resistance levels untested early on.

TRX/USD 11/06/20 Daily Chart
TRX/USD 11/06/20 Daily Chart

For the Day Ahead

Tron’s TRX would need to avoid sub-$0.01750 levels to support a run at the first major resistance level at $0.01778.

Support from the broader market would be needed, however, for Tron’s TRX to break out from the morning high $0.017673.

Barring a broad-based crypto rally, the first major resistance level at $0.01778 would likely limit any upside.

Failure to avoid sub-$0.01750 levels would bring the first major support level at $0.01736 into play.

Barring an extended crypto sell-off, however, Tron’s TRX should steer well clear of sub-$0.017 levels. The second major support level at $0.01709 should limit any downside.

Looking at the Technical Indicators

Major Support Level: $0.01736

Major Resistance Level: $0.01778

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – June 10th, 2020

Litecoin

Litecoin fell by 1.23% on Tuesday. Following on from a 0.36% decline on Monday, Litecoin ended the day at $45.93.

It was a particularly choppy start to the day. Within the 1st hour, Litecoin struck an early morning intraday high $46.87 before hitting reverse.

Coming up against the first major resistance level at $46.83, Litecoin slid to a low $45.50.

The reversal saw Litecoin fall through the first major support level at $46.05 and the second major support level at $45.62.

Finding support in the late morning, Litecoin recovered to $46.5 levels before sliding back into the deep red.

Litecoin fell back through the first and second major support levels to a late intraday low $45.39.

Finding late support from the broader market, Litecoin briefly recovered to $46 levels before easing back. The first major support level at $46.05 pinned Litecoin back in the final hour.

At the time of writing, Litecoin was up by 0.20% to $46.02. A mixed start to the day saw Litecoin fall to an early morning low $45.84 before rising to a high $46.03.

Litecoin left the major support and resistance levels untested early on.

LTC/USD 10/06/20 Daily Chart

For the day ahead

Litecoin would need to move through to $46.10 levels to support a run at the first major resistance level at $46.74.

Support from the broader market would be needed, however, for Litecoin to break out from the morning high $46.03.

Barring another extended crypto rally, the first major resistance level and Tuesday high $46.87 should limit any upside.

Failure to move through to $46.10 levels could leave Litecoin in the red for a 4th consecutive day.

A fall back through to sub-$46 levels would bring the first major support level at $45.26 into play.

Barring an extended crypto sell-off, however, Litecoin should steer clear of the second major support level at $44.58.

Looking at the Technical Indicators

Major Support Level: $45.26

Major Resistance Level: $46.74

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellar’s Lumen

Stellar’s Lumen fell by 1.76% on Tuesday. Reversing a 0.61% gain from Monday, Stellar’s Lumen ended the day at $0.07860.

It was a mixed start to the day. Stellar’s Lumen rose to an early morning high $0.080246 before hitting reverse.

Coming up short of the first major resistance level at $0.080430, Stellar’s Lumen slid to a late intraday low $0.077468.

Stellar’s Lumen fell through the first major support level at $0.07859 and the second major support level at $0.07767.

Finding late support from the broader market, however, Stellar’s Lumen recovered to $0.0788 levels before easing back.

At the time of writing, Stellar’s Lumen was down by 0.17% to $0.078467. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.078122 before rising to a high $0.078467.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLM/USD 10/06/20 Daily Chart

For the day ahead

Stellar’s Lumen would need to move through to $0.07880 levels to support a run at the first major resistance level at $0.08007.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.080 levels.

Barring another broad-based crypto rally, the first major resistance level and Tuesday’s high $0.080246 would likely limit any upside.

Failure to move through to $0.07880 levels could see Stellar’s Lumen spend another day in the red.

A fall through the morning low $0.078122 would bring the first major support level at $0.07730 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.07599.

Looking at the Technical Indicators

Major Support Level: $0.07730

Major Resistance Level: $0.08007

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Tron’s TRX

Tron’s TRX slid by 2.34% on Tuesday. Following on from a 1.41% fall on Monday, Tron’s TRX ended the day at $0.017523.

A mixed start to the day saw Tron’s TRX rise to an early morning intraday high $0.018005 before hitting reverse.

Falling short of the first major resistance level at $0.01844, Tron’s TRX slid to an early morning intraday low $0.017439.

Tron’s TRX fell through the first major support level at $0.01758 before recovering to $0.01780 levels.

A bearish 2nd half of the day, however, saw Tron’s TRX fall back to 0.01750 levels before finding support.

The first major support level at $0.01758 limited the downside late in the day.

At the time of writing, Tron’s TRX was up by 0.47% to $0.017606. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.017505 before rising to a high $0.017606.

Tron’s TRX left the major support and resistance levels untested early on.

TRX/USD 10/06/20 Daily Chart

For the Day Ahead

Tron’s TRX would need to move back through to $0.01770 levels to support a run at the first major resistance level at $0.017870.

Support from the broader market would be needed, however, for Tron’s TRX to break out from the morning high $0.017606.

Barring a broad-based crypto rally, the first major resistance level and Tuesday’s high would likely limit any upside.

Failure to move through to $0.01770 levels would bring the first major support level at $0.01731 into play.

Barring an extended crypto sell-off, however, Tron’s TRX should steer well clear of sub-$0.017 levels. The second major support level at $0.01709 should limit any downside.

Looking at the Technical Indicators

Major Support Level: $0.01731

Major Resistance Level: $0.01787

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – June 9th, 2020

Litecoin

Litecoin fell by 0.36% on Monday. Following on from a 0.30% decline on Sunday. Litecoin ended the day at $46.67.

Another mixed start to the day saw Litecoin rise to an early morning intraday high $46.76 before hitting reverse.

Falling short of the first major resistance level at $47.38, Litecoin slid to a mid-afternoon intraday low $45.98.

Steering clear of the first major support level at $45.48, bounced back in a final hour rebound to limit the loss on the day.

At the time of writing, Litecoin was down by 0.99% to $46.01. A choppy start to the day saw Litecoin rise to an early morning high $46.87 before falling to a low $45.50.

Litecoin came up against the first major resistance level at $46.83 before hitting reverse. The reversal saw Litecoin fall through the first major support level at $46.05 and the second major support level at $45.62.

LTC/USD 09/06/20 Daily Chart

For the day ahead

Litecoin would need to move through to $46.40 levels to support another run at the first major resistance level at $46.83.

Support from the broader market would be needed, however, for Litecoin to break out from the first major support level at $46.05.

Barring another extended crypto rally, the first major resistance level and morning high should limit any upside.

Failure to move through to $46.40 levels could see Litecoin see red for a 3rd consecutive day.

A fall back through to sub-$46 levels would bring the second major support level at $45.62 back into play.

Barring an extended crypto sell-off, however, Litecoin should steer clear of sub-$45 levels. The second major support level at $45.62 should limit any downside.

Looking at the Technical Indicators

Major Support Level: $46.05

Major Resistance Level: $46.83

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellar’s Lumen

Stellar’s Lumen rose by 0.61% on Monday. Partially reversing a 1.85% from Sunday, Stellar’s Lumen ended the day at $0.79501.

It was a mixed start to the day. Stellar’s Lumen rose to an early morning high $0.079369 before hitting reverse.

Coming up short of the first major resistance level at $0.08082, Stellar’s Lumen slid to a mid-morning intraday low $0.078594.

Steering clear of the first major support level at $0.07619, Stellar’s Lumen rallied to an early afternoon intraday high $0.080435.

Coming up short of the first major resistance level at $0.08082, Stellar’s Lumen fell back to sub-$0.079 levels.

Finding late support from the broader market, however, Stellar’s Lumen move back through to $0.079 levels and into the green.

At the time of writing, Stellar’s Lumen was down by 0.15% to $0.079382. A choppy start to the day saw Stellar’s Lumen rise to an early morning high $0.080246 before falling to a low $0.078524.

Falling short of the major resistance levels, Stellar’s Lumen tested the first major support level at $0.07859 early on.

XLM/USD 09/06/20 Daily Chart

For the day ahead

Stellar’s Lumen would move through to $0.07950 levels to take another run at the first major resistance level at $0.08043.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.080 levels.

Barring another broad-based crypto rally, the first major resistance level and Monday’s high $0.08043 would likely limit any upside.

Failure to move through to $0.07950 levels could see Stellar’s Lumen give up Monday’s gain.

A fall through the first major support level at $0.07859 would bring sub-$0.078 levels into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.07767.

Looking at the Technical Indicators

Major Support Level: $0.07859

Major Resistance Level: $0.08043

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Tron’s TRX

Tron’s TRX fell by 1.41% on Monday. Partially reversing a 6.86% rally from Sunday, Tron’s TRX ended the day at $0.017926.

A mixed start to the day saw Tron’s TRX fall to an early morning low $0.017993 before making a move.

Steering clear of the major support levels, Tron’s TRX rallied to a mid-morning intraday high $0.018604 before hitting reverse.

Tron’s TRX broke through the first major resistance level at $0.01859 before sliding to a mid-afternoon intraday low $0.017751.

Steering clear of the first major support level at $0.01732, Tron’s TRX recovered to $0.01790 levels to limit the loss on the day.

At the time of writing, Tron’s TRX was down by 1.49% to $0.017659. It was a particularly choppy start to the day. Tron’s TRX rallied to an early morning high $0.018005 before hitting reverse.

Falling short of the major resistance levels, Tron’s TRX slid to an early morning low $0.017532. The reversal saw Tron’s TRX fall through the first major support level at $0.01758 in the 1st hour.

TRX/USD 09/06/20 Daily Chart

For the Day Ahead

Tron’s TRX would need to move through to $0.01810 levels to support another run at the first major resistance level at $0.01844.

Support from the broader market would be needed, however, for Tron’s TRX to break out from the morning high $0.018005.

Barring a broad-based crypto rally, the first major resistance level would likely limit any upside.

Failure to move through to $0.01810 levels would bring the first major support level at $0.01758 back into play.

Barring an extended crypto sell-off, however, Tron’s TRX should steer well clear of sub-$0.017 levels. The second major support level at $0.01724 should limit any downside.

Looking at the Technical Indicators

Major Support Level: $0.01758

Major Resistance Level: $0.01844

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – 08/06/20

Litecoin

Litecoin fell by 0.30% on Sunday. Following a flat Saturday, Litecoin ended the week up by 2.30% to $46.62.

A mixed start to the day saw Litecoin rise to an early morning intraday high $47.00 before hitting reverse.

Falling short of the first major resistance level at $47.29, Litecoin slid to an early afternoon intraday low $45.10.

Litecoin fell through the first major support level at $46.12 and the second major support level at $45.57.

Late in the day, Litecoin bounced back to a high $46.98 before easing back.

At the time of writing, Litecoin was down by 0.02% to $46.61. A mixed start to the day saw Litecoin fall to an early morning low $46.48 before striking a high $46.76.

Litecoin left the major support and resistance levels untested early on.

LTC/USD 08/06/20 Daily Chart

For the day ahead

Litecoin would need to avoid sub-$46.25 levels to support a run at the first major resistance level at $47.38.

Support from the broader market would be needed, however, for Litecoin to break out from Sunday’s high $47.00.

Barring another extended crypto rally, the first major resistance level should limit any upside.

Failure to avoid sub-$46.25 levels could see Litecoin struggle at the start of the week.

A fall back through the morning low $46.48 to sub-$46.25 levels would bring the first major support level at $45.48 into play.

Barring an extended crypto sell-off, however, Litecoin should steer clear of sub-$45 and the second major support level at $44.34.

Looking at the Technical Indicators

Major Support Level: $45.48

Major Resistance Level: $47.38

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellar’s Lumen

Stellar’s Lumen fell by 1.85% on Sunday. Reversing a 1.64% gain from Saturday, Stellar’s Lumen ended the week up by 12.65% to $0.078779.

A bullish start to the day saw Stellar’s Lumen strike an early morning intraday high $0.080267 before hitting reverse.

Coming up short of the first major resistance level at $0.081310, Stellar’s Lumen slid to an early afternoon intraday low $0.075646.

Stellar’s Lumen fell through the first major support level at $0.07837 and the second major support level at $0.07682.

Finding late support, Stellar’s Lumen recovered to $0.079 levels before easing back. In spite of the ease back, Stellar’s Lumen avoided a fall back through the first major support level.

At the time of writing, Stellar’s Lumen was down by 0.12% to $0.078681. A mixed start to the day saw Stellar’s Lumen rally to an early morning high $0.079368 before falling to low $0.078681

Stellar’s Lumen left the major support and resistance levels untested early on.

XLM/USD 08/06/20 Daily Chart

For the day ahead

Stellar’s Lumen would avoid sub-$0.07825 levels to take a run at the first major resistance level at $0.08082.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Sunday’s high $0.080267.

Barring another broad-based crypto rally, the first major resistance level would likely limit any upside on the day.

Failure to avoid sub-$0.07825 levels could see Stellar’s Lumen fall deeper into the red.

A fall through the morning low to sub-$0.07825 levels would bring the first major support level at $0.07619 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.07361.

Looking at the Technical Indicators

Major Support Level: $0.07619

Major Resistance Level: $0.08082

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Tron’s TRX

Tron’s TRX rallied by 6.86% on Sunday. Following on from a 0.94% gain on Saturday, Tron’s TRX ended the week up by 14.99% to $0.018175.

A mixed start to the day saw Tron’s TRX rise to an early morning high $0.017638 before hitting reverse.

Tron’s TRX broke through the first major resistance level at $0.01724 and the second major resistance level at $0.01750.

The reversal saw Tron’s TRX slide to a mid-afternoon intraday low $0.016877 before making a move.

Steering clear of the first major support level at $0.01662, Tron’s TRX rallied to a final hour intraday high $0.018220.

Tron’s TRX broke through the day’s major resistance levels to wrap up the day at $0.018 levels for the 1st time since March.

At the time of writing, Tron’s TRX was up by 0.25% to $0.018220. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.017993 before striking a high $0.018220.

Tron’s TRX left the major support and resistance levels untested early on.

TRX/USD 08/06/20 Daily Chart

For the Day Ahead

Tron’s TRX would need to avoid sub-$0.01770 levels to support a run at the first major resistance level at $0.01859.

Support from the broader market would be needed, however, for Tron’s TRX to break out from the morning high $0.018220.

Barring a broad-based crypto rally, the first major resistance level would likely limit any upside.

Failure to avoid sub-$0.01770 levels would bring the first major support level at $0.01732 into play.

Barring an extended crypto sell-off, however, Tron’s TRX should steer well clear of the second major support level at $0.01647.

Looking at the Technical Indicators

Major Support Level: $0.01732

Major Resistance Level: $0.01859

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – 04/06/20

Litecoin

Litecoin rose by 2.37% on Wednesday. Partially reversing a 4.68% slide from Tuesday, Litecoin ended the day at $47.13.

A bearish start to the day saw Litecoin fall to an early morning intraday low $45.28 before finding support.

Steering clear of the first major support level at $43.73, Litecoin rallied to a late afternoon intraday high $47.44.

Coming up short of the first major resistance level at $49.11, Litecoin eased back to $46.6 levels before wrapping up the day at $47 levels.

At the time of writing, Litecoin was up by 0.40% to $47.32. A mixed start to the day saw Litecoin fall to an early morning low $47.02 before striking a high $47.33.

Litecoin left the major support and resistance levels untested early on.

LTC/USD 04/06/20 Daily Chart

For the day ahead

Litecoin would need to avoid sub-$46.60 levels to support a run at the first major resistance level at $47.95.

Support from the broader market would be needed, however, for Litecoin to break out from Wednesday’s high $47.44.

Barring another extended crypto rally, the first major resistance level should limit any upside.

Failure to avoid sub-$46.60 levels could see Litecoin give up Wednesday’s gains.

A fall back through the morning low $47.02 to sub-$46.60 levels would bring the first major support level at $45.79 into play.

Barring an extended crypto sell-off, however, Litecoin should steer clear of sub-$45 and the second major support level at $44.46.

Looking at the Technical Indicators

Major Support Level: $45.79

Major Resistance Level: $47.95

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellar’s Lumen

Stellar’s Lumen rallied by 4.69% on Wednesday. Following on from a trend-bucking 3.42% gain on Tuesday, Stellar’s Lumen ended the day at $0.082848.

A bearish start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.077058 before making a move.

Steering clear of the first major support level at $0.07383, Stellar’s Lumen rallied to a late afternoon intraday high $0.083151.

Falling short of the first major resistance level at $0.08443, Stellar’s Lumen fell back to $0.081 levels before wrapping up the day at $0.082 levels.

At the time of writing, Stellar’s Lumen was up by 3.19% to $0.085489. A bullish start to the day saw Stellar’s Lumen rally from an early morning low $0.083322 to a high $0.0855064

Stellar’s Lumen broke through the first major resistance level at $0.084980 early on.

XLM/USD 04/06/20 Daily Chart

For the day ahead

Stellar’s Lumen would avoid sub-0.085 levels to take a run at the second major resistance level at $0.08711.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from the morning high $0.085506.

Barring another broad-based crypto rally, resistance at $0.086 would likely limit any upside on the day.

Failure to avoid sub-$0.085 levels could see Stellar’s Lumen hit reverse.

A fall through the morning low $0.083322 to sub-$0.081 levels would bring the first major support level at $0.07889 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.080 levels on the day.

Looking at the Technical Indicators

Major Support Level: $0.07889

Major Resistance Level: $0.08498

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Tron’s TRX

Tron’s TRX rallied by 3.21% on Wednesday. Partially reversing a 4.57% slide from Tuesday, Tron’s TRX ended the day at $0.016890.

Tracking the broader market, Tron’s TRX fell to an early morning intraday low $0.016043 before making a move.

Steering clear of the first major support level at $0.01540, Tron’s TRX rallied to a late intraday high $0.016936.

Falling short of the first major resistance level at $0.01737, Tron’s TRX eased back to wrap up the day at $0.01680 levels.

At the time of writing, Tron’s TRX was up by 1.59% to $0.017159. A bullish start to the day saw Tron’s TRX rise from an early morning low $0.016918 to a high $0.017252.

Tron’s TRX came up against the first major resistance level at $0.017252 early on.

TRX/USD 04/06/20 Daily Chart

For the Day Ahead

Tron’s TRX would need to avoid sub-$0.01662 levels to support another run at the first major resistance level at $0.01721.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.01720 levels.

Barring a broad-based crypto rally, the first major resistance level would likely limit any upside.

Failure to avoid sub-$0.01662 levels would bring the first major support level at $0.01631 into play.

Barring an extended crypto sell-off, however, Tron’s TRX should steer well clear of the second major support level at $0.01573.

Looking at the Technical Indicators

Major Support Level: $0.01631

Major Resistance Level: $0.01721

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – 03/06/20

Litecoin

Litecoin slid by 4.68% on Tuesday. Partially reversing a 5.92% rally from Monday, Litecoin ended the day at $46.03.

A bullish start to the day saw Litecoin rally to an early morning intraday high $49.90 before hitting reverse.

Litecoin broke through the first major resistance level at $49.71 before sliding to an early afternoon intraday low $44.52.

Litecoin fell through the first major support level at $46.09 before briefly hitting $46.22.

At the time of writing, Litecoin was down by 0.33% to $45.88. A mixed start to the day saw Litecoin rise to an early morning high $46.28 before falling to a low $45.58.

Litecoin left the major support and resistance levels untested early on.

LTC/USD 03/06/20 Daily Chart

For the day ahead

Litecoin would need to move through to $46.80 levels to bring the first major resistance level at $49.11 into play.

Support from the broader market would be needed, however, for Litecoin to break back through to $48 levels.

Barring another extended crypto rally, the first major resistance level should limit any upside.

Failure to move through to $46.80 levels could see Litecoin fall deeper into the red.

A fall back through the morning low $45.58 would bring the first major support level at $43.73 into play.

Barring an extended crypto sell-off, however, Litecoin should steer clear of sub-$43 and the second major support level at $41.44.

Looking at the Technical Indicators

Major Support Level: $43.7

Major Resistance Level: $49.11

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellar’s Lumen

Stellar’s Lumen rose by 3.42% on Tuesday. Following on from a 9.25% breakout on Monday, Stellar’s Lumen ended the day at $0.079017.

A bullish start to the day saw Stellar’s Lumen rally to a midday intraday high $0.084660 before hitting reverse.

Stellar’s Lumen broke through the first major resistance level at $0.07862 and the second major resistance level at $0.08085.

The reversal saw Stellar’s Lumen slide back to an early afternoon intraday low $0.074057 before bouncing back.

Steering clear of the first major support level at $0.072060, Stellar’s Lumen struck a high $0.081053 before easing back.

The late rebound saw Stellar’s Lumen break back through the first and second major resistance levels before wrapping up the day at sub-$0.080.

At the time of writing, Stellar’s Lumen was down by 1.31% to $0.077982. A bearish start to the day saw Stellar’s Lumen fall from an early morning high $0.079138 to a low $0.077058.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLM/USD 03/06/20 Daily Chart

For the day ahead

Stellar’s Lumen would need to move back through to $0.07930 levels to bring the first major resistance level at $0.08443 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.080 levels.

Barring another broad-based crypto rally, the first major resistance level would likely limit any upside.

Failure to move through to $0.07930 levels could see Stellar’s Lumen fall deeper into the red.

A fall through to sub-$0.077 levels would bring the first major support level at $0.07383 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.074 support levels.

Looking at the Technical Indicators

Major Support Level: $0.07383

Major Resistance Level: $0.08443

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Tron’s TRX

Tron’s TRX slid by 4.57% on Tuesday. Partially reversing a 7.97% rally from Monday, Tron’s TRX ended the day at $0.016313.

A bullish start to the day saw Tron’s TRX rally to an early afternoon intraday high $0.017501 before hitting reverse.

Coming up against the first major resistance level at $0.01752, Tron’s TRX slid to an early afternoon intraday low $0.015531.

Falling through the first major support level at $0.01618, Tron’s TRX found support at the second major support level at $0.01530.

Tron’s TRX broke back through the first major support level to wrap up the day at $0.01630 levels.

At the time of writing, Tron’s TRX was down by 0.57% to $0.016220. A bearish start to the day saw Tron’s TRX fall from an early morning high $0.016396 to a low $0.016115.

Tron’s TRX left the major support and resistance levels untested early on.

TRX/USD 03/06/20 Daily Chart

For the Day Ahead

Tron’s TRX would need to move through to $0.01650 levels to support a run at the first major resistance level at $0.01737.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.017 levels.

Barring a broad-based crypto rally, the first major resistance level would likely limit any upside.

Failure to move through to $0.01650 levels could see Tron’s TRX fall deeper into the red.

A fall through the morning low to sub-$0.016 levels would bring the first major support level at $0.01540 into play.

Barring an extended crypto sell-off, however, Tron’s TRX should steer well clear of the second major support level at $0.01448.

Looking at the Technical Indicators

Major Support Level: $0.01540

Major Resistance Level: $0.01737

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – 02/06/20

Litecoin

Litecoin rallied by 5.92% on Monday. Reversing a 4.48% slide from Sunday, Litecoin ended the day at $48.27.

A bullish start to the day saw Litecoin rise from an early morning intraday low $45.34 to an early morning high $46.62.

Falling short of the major resistance levels, Litecoin fell back to $45.6 levels before a 2nd half of a day breakout.

The breakout saw Litecoin surge to a final hour intraday high $48.96.

Litecoin broke through the first major resistance level at $47.17 and second major resistance level at $48.73 before easing back.

At the time of writing, Litecoin was down by 0.27% to $48.14. A bearish start to the day saw Litecoin fall from an early morning high $48.37 to a low $47.91.

Litecoin left the major support and resistance levels untested early on.

LTC/USD 02/06/20 Daily Chart

For the day ahead

Litecoin would need to avoid sub-$47.50 levels to bring the first major resistance level at $49.71 into play.

Support from the broader market would be needed, however, for Litecoin to breakout from Monday’s high $48.96.

Barring another extended crypto rally, the first major resistance level should limit any upside.

Failure to avoid sub-$47.50 levels could see Litecoin fall deeper into the red.

A fall back through the morning low to sub-$47.50 levels would bring the first major support level at $46.09 into play.

Barring an extended crypto sell-off, however, Litecoin should steer clear of sub-$45 and the second major support level at $43.90.

Looking at the Technical Indicators

Major Support Level: $46.09

Major Resistance Level: $49.71

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellar’s Lumen

Stellar’s Lumen rallied by 9.25% on Monday. Reversing a 2.61% fall from Sunday, Stellar’s Lumen ended the day at $0.076403.

Bullish through the day, Stellar’s Lumen rallied from an early morning intraday low $0.069934 to a final hour intraday high $0.076500.

Stellar’s Lumen broke through the first major resistance level at $0.07499 to wrap up the day at $0.07640 levels.

At the time of writing, Stellar’s Lumen was up by 0.03% to $0.076425. At the start of the day, Stellar’s Lumen opened at $0.076425, up from an end of Monday $0.076403.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLM/USD 02/06/20 Daily Chart

For the day ahead

Stellar’s Lumen would need to move back through to $0.077 levels to bring the first major resistance level at $0.07862 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Monday’s high $0.07650.

Barring a broad-based crypto rally, the first major resistance level would likely limit any upside.

Failure to move through to $0.077 levels could see Stellar’s Lumen hit reverse.

A fall through to sub-$0.07430 levels would bring the first major support level at $0.07206 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.070 support levels.

Looking at the Technical Indicators

Major Support Level: $0.07206

Major Resistance Level: $0.07862

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Tron’s TRX

Tron’s TRX rallied by 7.97% on Monday. Reversing a 2.99% fall from Sunday, Tron’s TRX ended the day at $0.017065.

It was a bullish start to the month. Tron’s TRX rallied from an early morning intraday low $0.015753 to a final hour intraday high $0.017096.

Steering clear of the major support levels, Tron’s TRX broke through the first major resistance level at $0.01691.

It was the first time that Tron’s TRX wrapped up the day at $0.017 levels since early March.

At the time of writing, Tron’s TRX was down by 0.45% to $0.016989. A bearish start to the day saw Tron’s TRX fall from an early morning high $0.017150 to a low $0.016989.

Tron’s TRX left the major support and resistance levels untested early on.

TRX/USD 02/06/20 Daily Chart

For the Day Ahead

Tron’s TRX would need to avoid sub-$0.01665 levels to support a run at the first major resistance level at $0.01752.

Support from the broader market would be needed, however, for Tron’s TRX to break out from the morning high $0.017150.

Barring a broad-based crypto rally, the first major resistance level would likely limit any upside.

Failure to avoid sub-$0.01665 levels could see Tron’s TRX fall deeper into the red.

A fall through the morning low to sub-$0.01665 levels would bring the first major support level at $0.01618 into play.

Barring an extended crypto sell-off, however, Tron’s TRX should steer clear of the second major support level at $0.01530.

Looking at the Technical Indicators

Major Support Level: $0.01618

Major Resistance Level: $0.01752

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – 01/06/20

Litecoin

Litecoin slid by 4.48% on Sunday. Partially reversing a 7.30% rally from Saturday, Litecoin ended the week up by 8.37% to $45.60. In spite of the week’s rally, Litecoin fell by 1.70% in May.

It was a mixed start to the day. Litecoin fell from an early morning intraday high $45.32 to an early morning low $46.22.

Steering clear of the major support levels, Litecoin recovered to $47.5 levels before hitting reverse.

Continuing to fall well short of the first major resistance level at $49.17, Litecoin slid to a final hour intraday low $45.32.

Litecoin came within range of the first major support level at $45.22 before wrapping up the day at $45.60.

At the time of writing, Litecoin was up by 0.31% to $45.74. A mixed start to the day saw Litecoin fall to an early morning low $45.34 before striking a high $45.85.

Litecoin left the major support and resistance levels untested early on.

LTC/USD 01/06/20 Weekly Chart

For the day ahead

Litecoin would need to move through to $46.30 levels to bring the first major resistance level at $47.17 into play.

Support from the broader market would be needed, however, for Litecoin to breakout from the morning high $45.85.

Barring an extended crypto rally, the first major resistance level and Sunday’s high $47.81 should limit any upside.

Failure to move through to $46.30 levels could see Litecoin hit reverse.

A fall back through the morning low $45.34 would bring the first major support level at $44.68 into play.

Barring an extended crypto sell-off, however, Litecoin should steer clear of sub-$44 and the second major support level at $43.75.

Looking at the Technical Indicators

Major Support Level: $44.68

Major Resistance Level: $47.17

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellar’s Lumen

Stellar’s Lumen fell by 2.61% on Sunday. Partially reversing a 7.81% rally from Saturday, Stellar’s Lumen ended the week up by 10.59% to $0.07073. The week’s rally delivered a 3.37% gain for the month of May.

It was a mixed start to the day. Stellar’s Lumen rallied from an early morning low $0.070166 to an early afternoon intraday high $0.076325 before hitting reverse.

Stellar’s Lumen broke through the first major resistance level at $0.07463 before sliding to a final hour intraday low $0.069143.

Steering clear of the first major support level at $0.06891, Stellar’s Lumen recovered to $0.070 levels to limit the loss.

At the time of writing, Stellar’s Lumen was up by 0.77% to $0.071278. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.069934 before striking a high $0.071371.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLM/USD 01/06/20 Daily Chart

For the day ahead

Stellar’s Lumen would need to move back through to $0.072 levels to bring the first major resistance level at $0.075 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.074 levels.

Barring a broad-based crypto rally, the first major resistance level would likely limit any upside.

Failure to move back through to $0.072 levels could see Stellar’s Lumen hit reverse.

A fall through Sunday’s low $0.069143 would bring the first major support level at $0.06781 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer well clear of the second major support level at $0.06488.

Looking at the Technical Indicators

Major Support Level: $0.06781

Major Resistance Level: $0.07500

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Tron’s TRX

Tron’s TRX slid by 2.99% on Sunday. Partially reversing a 9.26 rally from Saturday, Tron’s TRX ended the week up by 12.15% to $0.015889. The bullish week delivered a 4.11% gain for the month of May.

It was a mixed start to the day. Tron’s TRX fell to an early morning low $0.015950 before striking a midday intraday high $0.017202.

Tron’s TRX broke through the first major resistance level at $0.01685 before sliding to a final hour intraday low $0.015456

Steering clear of the first major support level at $0.01539, Tron’s TRX wrapped up the day at $0.01580 levels.

At the time of writing, Tron’s TRX was up by 0.14% to $0.015912. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.015753 before striking a high $0.016010.

Tron’s TRX left the major support and resistance levels untested early on.

TRX/USD 01/06/20 Daily Chart

For the Day Ahead

Tron’s TRX would need to move through to $0.01620 levels to support a run at the first major resistance level at $0.01691.

Support from the broader market would be needed, however, for Tron’s TRX to break out from the morning high $0.016010.

Barring a broad-based crypto rally, the first major resistance level and Sunday’s high $0.017202 would likely limit any upside.

Failure to move through to $0.01620 levels could see Tron’s TRX fall back into the red.

A fall through the morning low $0.015753 would bring the first major support level at $0.01516 into play.

Barring an extended crypto sell-off, however, Tron’s TRX should steer clear of the second major support level at $0.01444.

Looking at the Technical Indicators

Major Support Level: $0.01516

Major Resistance Level: $0.01691

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob