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Bitcoin Cash – ABC – A rebound Sunday?
Bitcoin Cash ABC lost 2.38% Saturday. By partially reversing a 4.15% gain over Friday, Bitcoin Cash ABC ended the day at $ 432.3.
Bitcoin Cash ABC had a relatively bearish start to the day, rising from an intra-day high of 447.72 USD to a low of 428.83 USD in the early afternoon.
Bitcoin Cash ABC has not tested the major levels of support and resistance.
After finding support throughout the afternoon, Bitcoin Cash ABC managed to hit an afternoon high of $ 441.62 before slacking off.
At the time of writing, Bitcoin Cash ABC was up 1.62% to reach $ 439.31. Bitcoin Cash ABC had a relatively bullish start to the day, rising from 433.54 USD to 439.31 USD.
Bitcoin Cash ABC quickly left the main levels of support and resistance untested.
For the day ahead, a holdback above $ 436 would support the first big resistance at $ 443.74.
Bitcoin Cash ABC would however need the help of the market at large to exceed $ 440.
If you do not hold above $ 436, Bitcoin Cash ABC could be upside down that day. Falling below $ 430 would bring the first major support level to $ 424.85.
Bitcoin Cash ABC avoided levels below $ 420 a day, barring a crypto merger.
Litecoin pending
The litecoin lost 1.72% on Saturday. Litecoin reversing some of the 5.97% rise over Friday, the day ended at $ 112.48.
Bitcoin Cash ABC had a relatively bearish start to the day and rose from a high of $ 116.11 early in the day to a low of $ 111.00 in the middle of the morning.
Throughout the day, the Litecoin failed to break the $ 114 level, while avoiding levels below $ 111 a day.
Litecoin has left the main levels of support and resistance of the day untested throughout the day.
At the time of writing, Litecoin was down 0.04% to $ 112.44. Early in the day, Litecoin dropped from $ 113.77 to $ 111.90 before finding support.
Litecoin left the main levels of support and resistance untested early.
For the day ahead, a return to the levels of $ 113.20 would mark a race at $ 115 later in the day.
The badistance of the entire market would however be necessary to enable Litecoin to reach the first major resistance level, at 115.39 dollars.
If you do not come back to $ 113.20, Litecoin could slide deeper into the red. A dip from the morning low of $ 111.90 would bring the first major support level to $ 110.28.
In the absence of a widespread sale of crypto, Litecoin will likely avoid support levels lower than $ 110 that day.
Ripple Struggles at $ 0.43
Ripple's XRP fell 2.01% on Saturday. Ripple's XRP closed the day at $ 0.42873, partially reversing the 4.52% drop from Friday.
The start of the day began with a drop in Ripple's XRP conversion rate from a high of 0.43296 USD at the start of the day to a low of 0.41775 USD in the early afternoon. midday.
The Ripple XRP was well below the major resistance levels and was in the range of the first major support level at $ 0.4167.
Finding support late in the day, Ripple's XRP had recovered to $ 0.43 before releasing.
At the time of writing, Ripple's XRP had increased 0.66% to $ 0.43156. Ripple's XRP went from $ 0.42750 to its lowest level in the morning at $ 0.43444 before slowing down.
Ripple's XRP left the main levels of support and resistance untested.
For the day ahead, a holdback on levels of $ 0.43 would support the race at the first major resistance level at $ 0.4405.
However, the enlarged market should reach a level above US $ 0.4350.
If we do not keep the levels of $ 0.43, the back of the Ripple XRP could be reversed that day. A decline during the low morning of 0.42750 USD would lead to levels of 0.41 USD before any recovery.
Unless cryptographically fused, the first major support level at $ 0.4173 would likely limit the day's inconvenience.
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Thanks Bob
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