The Cryptocurrencies have rallied in recent days after the majority of them lowered significantly. Litecoin jumped by 4.07% on Tuesday. The crypto has already increased by 10.38% on Monday, ending the day at $40.70.
It fluctuated in the early morning trade, falling to an intraday low of $38.39 before making a move. The crypto steered clear of the first major support level of $35.71. However, it soon struck a morning high of $40.89 before dropping back to levels of $39.
Litecoin found support from the broader market and rallied to a final hour intraday high of $41.05. After that, it came within close range of the first major resistance level at $41.34 but soon eased back. Litecoin fell by 2.46% to $39.70 and then again to a low of $39.60 at the end of the session. It has left the major support and resistance levels untested so far.
How did the Stellar’s Lumen and Tron’s TRX fare?
Stellar’s Lumen was also boosted by 1.71% on Tuesday. It ended the day at $0.040389, following an 8.24% rally on Monday. However, the crypto had a mixed start on Wednesday morning. It fluctuated from a $0.039372 low to a late morning high of $0.040574.
It fell short of the first major resistance level at $0.04070 and lowered to $0.039243 during late afternoon intraday trading. But the crypto rallied to a late intraday high of $0.040692 until it eased back only after it had missed the first major resistance level of $0.04079.
All in all, Stellar’s Lumen had a bearish start in the day. The crypto dropped from an early morning high of $0.040095 to a low of $0.040088, leaving the major support and resistance levels untested.
Meanwhile, Tron’s TRX increased by 0.86% on Tuesday. The crypto rallied by 10.63% on Monday, ending the day at $0.011559.
Tron’s TRX rose to a late morning intraday high of $0.011724 from an early morning low of $0.011300 on Wednesday. After falling again to a late afternoon intraday low of $0.011161, it bounced back to finish the day at levels around $0.0115.
- Trading Instrument