Cryptocurrencies

Litecoin fell on Thursday. What about Stellar’s Lumen?

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.

Related Post

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.

Recent Posts

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…

15 hours 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.…

15 hours 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…

17 hours 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…

20 hours ago

USD/MXN at 17.1268, Up 0.64% in the Latest Session

Key Points: USD/MXN closed at 17.1268, down by 0.64%. The US Dollar Index increased by 0.67%, highlighting its strength at…

20 hours ago

AUD/USD Climbs to 0.6525 as Market Sentiment Shift

Key Points AUD/USD Pair shows early recovery, currently priced at 0.6525, indicating a subtle improvement and a possible shift in…

20 hours ago

This website uses cookies.