Litecoin fell by 0.71% on Tuesday after rallying by 11.77% on Monday. The crypto ended the day at $44.89. However, Litecoin started Tuesday on the bullish territory. It soared to midday intraday high $47.69 before reversing the course.
The crypto managed to break through the first major resistance level at $46.72 before sinking to a late intraday low $43.63.
Despite the decline, Litecoin recovered to $44 levels after steering clear of the first major support level at $41.94. The crypto rose by 4.00% to $46.59 at the end of the session. A bullish start of the day boosted Litecoin from an early morning low $44.27 to a high of $47.25.
Litecoin reached the first major resistance level at $47.12 early on even though it steered clear of the major support levels.
Tron’s TRX also rallied on Monday, rising by 8.36%, but like Litecoin, TRX also collapsed on Tuesday, losing 3.60% and ending the day at $0.013267.
Before that, the crypto stroke an early morning intraday high $0.014069. But it fell short of the first major resistance level at $0.01457 and dropped back to sub-$0.01350 levels before finding support.
Tron’s TRX recovered to $0.01320 levels after steering clear of the first major support level at $0.01301. The crypto was up by 3.00% to $0.013665 at last.
Despite the fallouts, Tron’s TRX soared from an early morning low $0.013039 to a high of $0.013800 during the day. It even came within the range of the first major resistance level at $0.01384.
Stellar’s Lumen gained most in Monday’s rally, rising by 14.42%. However, it lost 2.73% on Tuesday, ending the day at $0.048618.
The crypto fluctuated during the last session. It fell to an early morning low $0.04889 before hitting a noon intraday high $0.05199. But Lumen fell short of the first major resistance level at $0.05210 and slid to a late intraday low $0.04755.
The crypto recovered to $0.048 levels soon, and it was up by 2.84% to $0.05000 at last. Even though it lowered several times, Stellar’s Lumen soared from an early morning low $0.048345 to a high $0.050550 throughout the day.
Key Points: AUD/JPY broke below a rising wedge, signalling possible bearish momentum, with immediate resistance at 103.00 and support at…
Key Points EUR/JPY Rises to 168.25: Strengthened by robust Eurozone economy and steady ECB policy. Eurozone GDP Grew by 0.3%…
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…
Key Points: Ethereum fell sharply from $3,355 to a low of $2,813, reflecting high volatility and sensitivity to market dynamics.…
Key Points Nikkei 225 slightly fell by 0.1%, while the Hang Seng index surged by 2.4%. USD/JPY increased slightly, highlighting…
Key Points: Gold prices rose on MCX India to ₹71,278/10 gm and COMEX US to $2,328/oz. The US Dollar Index…
This website uses cookies.