Litecoin fell by 4.66% on Wednesday. After dropping down by 0.36% on Tuesday, the crypto ended the day at $39.30. Litecoin began early morning trading by rising high to $41.80. But after it fell short of the first major resistance level at $41.95, the crypto dropped to a final hour intraday low of $39.12.
Furthermore, Litecoin fell through the first major support level at $40.51, as well as the second major support level at $39.79. However, it managed to break through the second major support level at the end of the day after steering clear of levels below $39.
The crypto also declined by 1.35% to $38.77 on Thursday. After fluctuating during the morning, Litecoin fell from an early morning high of $39.30 to a low of $38.00.
Stellar’s Lumen dropped, along with the Litecoin, lowering by 3.38% on Wednesday. The crypto ended the day at $0.046183. It had also lost 0.16% on Tuesday. However, Stellar’s Lumen rose to an early morning intraday high of $0.048183 on Wednesday, before reversing the course.
The crypto fell short of the first major resistance level at $0.04886, before dropping down to a final hour intraday low of $0.046098. Furthermore, Stellar’s Lumen fell through the first major support level at $0.04777, as well as the second major support level at $0.04719.
Lumen plummeted down by 1.44% to $0.04552 on Thursday. After a bearish start of the day, it declined from an early morning high of $0.046000 to a low of $0.044789.
What about Tron’s TRX?
Tron’s TRX also traded in the bearish territory on Wednesday, decreasing by 1.18%. After losing 0.75% on Tuesday, Tron’s TRX ended Wednesday’s trading at $0.012236. Still, the crypto fluctuated during the session. It rose to a mid-morning intraday high of $0.012601 before reversing course.
Tron’s TRX slid to a final hour intraday low of $0.012153 after falling short of the first major resistance level at $0.1271. However, the crypto found support at the second major support level at $0.01220. That helped it to recover some losses.
- Trading Instrument