Cryptocurrencies

Stellar’s Lumen and Tron’s TRX rebounded on Thursday

Stellar’s Lumen jumped by 3.68% to $0.072393 on Thursday. While it fell to an early morning low of $0.068643 at first, Lumen managed to hit a high of $0.072717 soon. It also broke through the first major resistance level at $0.072190.

However, several major cryptos fell on Wednesday, Stellar’s Lumen being one of them. It dropped by 2.83%, ending the day at $0.069823. The crypto hit a mid-day intraday high of $0.073217, but afterwards, it slid to a final hour intraday low of $0.069500.

Furthermore, Stellar’s Lumen dropped through the first major support level at $0.07029, trading at last at levels below $0.070 later on the day.

Tron’s TRX also plummeted down by 2.21%, ending the day at $0.015529 on Wednesday. The crypto slid to an early morning low of $0.015603 after a bearish start of the day. Tron’s TRX steered clear of the major support levels, but it soared to a late morning intraday high of $0.016298.

Despite that, the crypto fell short of the first major resistance level at $0.01647, falling to a final hour intraday low of $0.015529.

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On the other hand, Tron’s TRX climbed up by 2.13% to $0.015860 on Thursday. The crypto tumbled to an early morning low of $0.01540 before hitting a high of $0.015878 later on in the day.

Litecoin fell on Wednesday. How did it fare on Thursday?

On Wednesday, Litecoin declined by 3.35% and ended the day at $45.06. Before rising to a mid-day intraday high of $47.64, it fell to an early morning low of $46.13.

While the crypto dropped through the first and the second major support levels at $45.63 and $44.6, it managed to find late support. Litecoin managed to break back through the second major support level to end the day at $45 levels.

The crypto rose by 3.08% to $46.45, along with others on Thursday. It fluctuated during the morning, falling to an early morning low of $44.50 before hitting a high of $46.49.

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