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Bitcoin Cash in Recovery
Bitcoin Cash rose 5.81% on Saturday, reversing the declines on Thursday and Friday to end the day at $ 776.2, with gains bringing Bitcoin Cash back into positive territory for the first time. week, up 5.26% to
The day's gains were derived from a weak rebound of $ 707.7 through the first major resistance level at $ 751.33 and from the second major resistance level at $ 769.57 to an intraday peak of $ 781.7 before dropping back to $ 770, the first major support at $ 706.73 was not tested during the day [19659003] Saturday's big rally came after the South Korean government eased its cryptocurrency rules to align with the G20's role.
At the time of writing this report, Bitcoin Cash was down 0.69% to $ 769, Bitcoin Cash returning from a $ 783.3 start of the day. For the day ahead, a return upward of $ 783.3 in the morning would allow a run at $ 800 and the first major resistance level of the day at $ 802.7. In the event of a new rally in the day, following the latest news from South Korea, Bitcoin Cash is expected to escape the second major resistance level at $ 829.2 for to reach $ 900 before any reversal.
Failure to increase to $ 800 could result in a decline in Bitcoin Cash throughout the afternoon to test support at the first major support level of $ 728.7 before recovery.
Today
Litecoin Finds Support
Litecoin gained 2.71% on Saturday, partially reversing two consecutive days of earnings, to end the day at $ 85.22, leaving Litecoin up 6.67% for the week.
It was bearish for most Litecoin slipped from $ 83.4 mid-morning to $ 81.14 to reach the lowest level of the day, at $ 79.42 early in the day, then $ 79.33 to support the second level of support.
The day saw Litecoin take the first major support level and move from the first major resistance level at $ 84.39 to a higher intraday at $ 85.22 at the end of the day.
At the time of writing, Litecoin was down 0.63% to 84.17, bringing from an early day $ 85.72 to $ 83.4 before returning to $ 84, the first levels of resistance and support of the day have not been tested.
For the day ahead, a return to $ 85 Litecoin resume Saturday the last relay of the day to bring the first major resistance level to $ 87.14 and increase the chances of returning to $ 90 to reach the level of FCC retracement of 23.6%, a move that would signal failure to return to late morning levels of $ 85 could result in a decline of Litecoin to test the first level of major support at $ 81.36 and Support levels below $ 80 expected Investor pressures are based on investor profit-taking, although we expect Litecoin to maintain levels of $ 80 for a consecutive day of 7 at the end of the day
<img src = "https://www.tradingview.com/x/cSfMVktF/" data-zoom-target = "https://www.tradingview.com/x/cSfMVktF/ "alt =" 196519003] Cryptocurrency Instantly
Ripple & # 39; s XRP with Modest Gains [1965] 9002] Ripple's XRP gained only 1.81% on Saturday, partially reversing 2 consecutive days of losses, to take XRP from Ripple up 5.15% to $ 0.48502 for the current week. After the expanded market, Ripple's XRP slipped from an early morning of $ 0.47823 to a low of $ 0.46028 late in the afternoon before the end of the day , Ripple & # 39; s XRP having dropped to the first major support level at $ 0.462 before
The Ripple XRP rally broke through the first major resistance level at $ 0.4886 to reach $ 0.49175 before going back down at $ 0.48.
At the time of writing, Ripple's XRP was down 0.2% at $ 0.48279, with Ripple's XRP slipping backward. start of day at $ 0.488036 to reach a low morning level $ 0.47815 before recovering, early-day movements leaving major support and untested resistance levels.
Going back up Saturday's $ 0.49175 would support a race at the first major resistance level at $ 0.4978 to bring levels of $ 0.50 into play, with Ripple's XRP failing to hit levels of $ 0.50 for a day in a row of 2
. to move to $ 0.49 in the early afternoon, the Ripple XRP downturn could test the first major support level at $ 0.4663 before any recovery, with support levels below $ 0.46 being probably not tested. ] Purchase and sale of cryptocurrency instantly
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