Cryptocurrencies

Litecoin edged up on Monday. What about Stellar’s Lumen?

Litecoin suffered significant losses during the weekend. The crypto fell by 1.66% on Saturday and plummeted down by 10.22% on Sunday. All in all, it ended the week down 12.48% to $42.15.

Litecoin slumped from an intraday high $47.00 to a first hour low $40.03 on Sunday. Then it dropped through the major support levels before briefly recovering to $43 levels. Thanks to the partial recovery, the crypto managed to break through the third major support level at $42.65 before falling to a late afternoon intraday low $39.98.

Litecoin ended the day at $42 levels. However, the crypto gained 0.28% to $42.27 on Monday. While it soared from an early morning low $42.03 to a high $43.14, Litecoin left the major support and resistance levels untested so far.

Stellar’s Lumen also collapsed by 10.00% on Sunday. The crypto ended the day lower by 12.28% to $0.064198. It fell from an intraday high $0.071329 to an intraday low $0.058794. Later Stellar’s Lumen dropped through the major support levels as well before rising through the morning to $0.065 levels.

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However, the crypto slid back to $0.060 levels after the second sell-off. Despite finding late support, Stellar’s Lumen failed to break through the third major support level at $0.06815.
Still, it jumped by 0.33% to $0.064411 on Monday. Lumen hit to an early morning high $0.065014 before falling to a low $0.064000.

How did Tron’s TRX fare?

Tron’s TRX declined by 10.77% on Sunday. It ended the week down 10.50% to $0.014323. The crypto dropped from an intraday high $0.016052 to an intraday low $0.01300. Then it slid through the day’s major support levels before rebounding to $0.014 levels.

Tron’s TRX fell short of the third major support level at $0.01522 as well and lowered to $0.01350 levels before finding late support.

However, Tron’s TRX jumped to an early morning high $0.014441 before falling to a low $0.014258 on Monday. The crypto traded higher by 0.14% to $0.014343 at last.

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