Cryptocurrencies

Litecoin climbed up on Monday. How did Tron’s TRX fare?

Litecoin collapsed by 4.08% on Sunday, ending the week 3.75% lower, at $42.06. The crypto hit a mid-morning intraday high of $44.56 before reversing course. However, after coming up against the first major resistance level at $44.53, it dropped to a late afternoon low of $42.50.

Furthermore, Litecoin dropped through the first major support level at $43.46, as well as the second major support level at $43.04. But it briefly recovered to $43.45 levels after finding support. Despite that, the crypto fell through the second major support level to an intraday low of $42.02 due to sell-offs.

Litecoin soared by 1.05% to $42.50 on Monday. The crypto jumped from an early morning low of $41.76 to a high of $42.70. But it left the major support and resistance levels untested.

Meanwhile, Tron’s TRX plummeted down by 5.15% on Sunday. The crypto hit a mid-morning intraday high of $0.015300 before declining. It dropped to a late afternoon low of $0.014464 after falling short of the first major resistance level at $0.01546. Tron’s TRX also dropped through the first major support level at $0.01469 before briefly rebounding to $0.01470 levels. The crypto ended the week down by 5.43% to $0.014200.

Related Post

On Monday, Tron’s TRX gained 1.80% to $0.014456. TRX soared from an early morning low of $0.014117 to a high of $0.014456.

What about Stellar’s Lumen?

Stellar’s Lumen also ended in the red on Sunday, tumbling down by 4.74%. After a bullish start of the day, the crypto skyrocketed to an early morning intraday high of $0.068167 before lowering again. It also fell short of the first major resistance level at $0.06856 and plummeted down to a late afternoon low of $0.065418.

While the crypto managed to recover to levels around $0.066 briefly, it slid to an intraday low of $0.063814 after a final hour sell-off. Furthermore, Stellar’s Lumen fell through the first major support level at $0.06629, as well as the second major support level at $0.06537. All in all the crypto lost 7.04% during last week, falling to $0.064001.

On Monday, Stellar’s Lumen rose by 1.18% to $0.064755. After a bullish start of the day, the crypto jumped from an early morning low of $0.063783 to a high of $0.064896.

Recent Posts

AUD/JPY Climbs Back to 102.20, Halting Losses

Key Points: AUD/JPY broke below a rising wedge, signalling possible bearish momentum, with immediate resistance at 103.00 and support at…

1 day ago

EUR/JPY Hit 168.25, Boosted by 0.3% Q1 GDP Growth

Key Points EUR/JPY Rises to 168.25: Strengthened by robust Eurozone economy and steady ECB policy. Eurozone GDP Grew by 0.3%…

1 day ago

Chinese Electric Vehicle Market: Nio Stock Up 20%

Key Points: Nio's shares hit 44.20 HKD, up 20%, with electric vehicle deliveries up 134.6% year-on-year to 15,620. BYD leads…

2 days ago

Ethereum Price Dips Below $3,120 Amid Market Slump

Key Points: Ethereum fell sharply from $3,355 to a low of $2,813, reflecting high volatility and sensitivity to market dynamics.…

2 days ago

Stock Markets: Nikkei Down 0.1%, Hang Seng Up 2.4%

Key Points Nikkei 225 slightly fell by 0.1%, while the Hang Seng index surged by 2.4%. USD/JPY increased slightly, highlighting…

2 days ago

Gold Price Increases to ₹71,278 and $2,328

Key Points: Gold prices rose on MCX India to ₹71,278/10 gm and COMEX US to $2,328/oz. The US Dollar Index…

3 days ago

This website uses cookies.