Cryptocurrencies

Litecoin and Stellar’s Lumen skyrocketed on Monday

Litecoin surged forward by 3.12% on Monday, ending the day at $44.30. The crypto jumped from an early morning intraday low of $42.91 to a mid-morning high of $43.93. It also managed to break through the first major resistance level at $43.55 before sliding back to sub-$43.50 levels.

Furthermore, Litecoin found support from the broader market and rallied to a late intraday high of $44.66. The crypto broke through the second major resistance level at $44.15 after breaking through the first major resistance level.

Despite pulling back late in the day, Litecoin held above the second major resistance level to the end of the session.

On Tuesday, Litecoin declined by 0.52% to $44.07. The crypto rose to an early morning high of $44.45 before dropping to a low of $43.96.

Stellar’s Lumen also rallied by 4.14% on Monday, ending the day at $0.071908. The crypto skyrocketed from an early morning intraday low of $0.069048 to a late intraday high of $0.072149.

It then broke through the first major resistance level at $0.06971, as well as the second major resistance level at $0.07083. However, Lumen came up short of the third major resistance level at $0.07250 and dropped back to sub-$0.072 levels.

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On Tuesday, Stellar’s Lumen tumbled down by 1.26% to $0.071000. The crypto dropped from an early morning high of $0.071935 to a low of $0.071000.

What about Tron’s TRX?

Tron’s TRX surged forward by 3.37% on Monday, ending the day at $0.016386. The crypto jumped from an early intraday low of $0.015851 to an early afternoon high of $0.016387.

Furthermore, Tron’s TRX managed to break through the day’s major resistance levels before sliding back to an afternoon low of $0.016164. However, it found support from the broader market soon and rallied to a late intraday high of $0.016469.

The crypto broke through and held above the third major resistance level at $0.01625 to the end of the session.

On Tuesday, Tron’s TRX dropped by 0.37% to $0.016326. The crypto soared to an early morning high of $0.016468 before tumbling down to a low of $0.016274.

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