Cryptocurrencies

Litecoin rallied on Wednesday along with Stellar’s Lumen

Litecoin skyrocketed by 4.47% on Wednesday, ending the day at $45.33. After a mixed start of the day, the crypto plunged to an early morning intraday low of $43.11 before making a move. It steered clear of the first major support level at $42.65 but rallied to a late intraday high of $45.63.

Furthermore, Litecoin managed to break through the first major resistance level at $44.27 as well as the second major resistance level at $45.18. In addition, the second major resistance level at $45.18 also gave support late in the day.

On Thursday, Litecoin was down by 0.93% to $44.91. After a bearish start of the day, the crypto tumbled down from an early morning high of $45.42 to a low of $44.75. However, Litecoin left the major support and resistance levels untested so far.

Meanwhile, Stellar’s Lumen rallied by 15.61% on Wednesday, ending the day at $0.08537. The crypto surged forward from an early morning intraday low of $0.073852 to a late intraday high of $0.085486.

Lumen also broke through the day’s major resistance levels to hit its highest level of $0.086 on 4th June.

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On Thursday, Stellar’s Lumen gained 1.32% to $0.086510. After a mixed start of the day, Stellar’s Lumen plummeted down to an early morning low of $0.084334 before hitting a high of $0.086979.

 

What about Tron’s TRX?

Tron’s TRX jumped by 4.64% on Wednesday, ending the day at $0.017942. The crypto plummeted down to an early morning intraday low of $0.016865 before making a move. But it found support at the first major support level at $0.01686 and rallied to a late afternoon intraday high of $0.018168.

Furthermore, Tron’s TRX managed to break through the first major resistance level at $0.01790 to revisit $0.018 levels. Even though it found support at the first major resistance level, TRX failed to end the day at $0.018 levels.

On Thursday, Tron’s TRX lowered by 1.09% to $0.017747. After a bearish start of the day, the crypto dropped from an early morning high of $0.017960 to a low of $0.017715. However, it tested the first major support level at $0.01686.

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