Cryptocurrencies

Tron’s TRX declined on Thursday. How did Litecoin fare?

Tron’s TRX lowered by 1.09% to $0.017747 on Thursday. After starting the day on bearish territory, the crypto plunged 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.

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

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

Meanwhile, Litecoin declined by 0.93% to $44.91 on Thursday. The crypto dropped from an early morning high of $45.42 to a low of $44.75 after a bearish start. But Litecoin left the major support and resistance levels untested.

On the other hand, Litecoin hit high on Wednesday, gaining 4.47% and ending the day at $45.33. The crypto plummeted down 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 surged to a late intraday high of $45.63.

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

 

How did Stellar’s Lumen fare?

Stellar’s Lumen rose by 1.32% to $0.086510 on Thursday. After a mixed start of the day, the crypto tumbled down to an early morning low of $0.084334 before skyrocketing to a high of $0.086979.

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

Furthermore, Lumen managed to break through the day’s major resistance levels to hit its highest level since $0.086 on 4th June.

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