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Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 05/18/19



Bitcoin Cash – ABC – Down Again

Bitcoin Cash ABC fell 7.77% on Friday. After a 1.18% drop on Thursday, Bitcoin Cash ABC ended the day at $ 366.9.

A particularly low start to the day was that Bitcoin Cash ABC was deployed from a high intraday of $ 412 to an intraday minimum of $ 330.

Bitcoin Cash ABC suffered the first significant level of support of $ 368.07 and the second level of significant support of $ 337.78. 23.6% of FIB of $ 371 had a more significant role.

Fixed by the FIB of 23.6% throughout the day, Bitcoin Cash ABC was able to finish the day at levels of 360 dollars.

At the time of writing, Bitcoin Cash ABC dropped 1.61% to $ 361. Another bearish start of the day was that Bitcoin Cash ABC fell from a high morning of $ 374.97 to a minimum of $ 359.16.

Bitcoin Cash ABC left the first levels of support and resistance without trying it at the beginning.

For the next day, a move to 370 million dollars would support a $ 400 level later in the day.

Feeling across the market will have to improve substantially, but for Bitcoin Cash ABC to recover early losses.

Except for a large cryptographic rise, Bitcoin Cash ABC will probably be out of the $ 380 a day.

If you can not return to $ 370 levels, Bitcoin Cash ABC could be a bigger success the day. A reversal of up to $ 340 would bring the first significant level of support to $ 327.27.

Except for other massive cryptography, Bitcoin Cash ABC is likely to stay away from the $ 300 support levels in the day.

Litecoin Struggles at $ 90

Litecoin fell 6.08% on Friday. After a 6.36% drop since Thursday, Litecoin ended the day at $ 89.88.

Following the broader market, Litecoin moved from an intraday level of $ 97.55 to a minimum of $ 84.00 in the morning.

Downward to the main levels of resistance, Litecoin fell to the first important level of support at $ 88.51 before finding support.

A partial recovery of 89 dollars during the day limited the losses of the day.

At the time of writing it, Litecoin fell 1.76% to $ 88.30. During the first hours, the loss of Litecoin fell from a high morning of $ 90.61 to a minimum of $ 87.87 before finding support.

Litecoin left the first levels of support and resistance without trying it at the beginning.

For the next day, a move to $ 90 would support a career at the first major level of resistance of $ 96.95.

Litecoin will need support from the market in general, however, to recover the levels of $ 90 later in the day.

In case of rebound, the high $ 97.55 on Thursday probably would limit the reverse of the day.

If you can not return to 90 dollars, Litecoin will be fighting all day long. A drop to low levels in the morning from $ 87.87 to $ 85 would bring the first significant level of support to $ 83.40 at stake.

Except for a fusion of cryptography, Litecoin will probably stay away from support levels of $ 80 per day.

Wound stuck to sub- $ 0.40

Ripple XPP fell 6.34% on Friday. After reaching a detour of 8.16% on Thursday, the Ripple XRP ended the day with $ 0.39188.

From the beginning of the day, the Ripple XPP is reduced to an intraday minimum of $ 0.422265 to a minimum of $ 0.36226 at noon.

The reversion saw that the Ripple XRP dropped to the first major level of support and 23.6% FIB of $ 0.4164 before finding support.

Although he recovered the levels of $ 0.39, the Ripple XRP could not again prove resistance levels of $ 0.40 a day.

At the time of writing, the Ripple XRP dropped 2.4% to $ 0.38247. A bearish start of the day caused the Ripple XPP to be deployed from a maximum of $ 0.39697 to $ 0.37854.

Despite the reversal, the Ripple XRP left the first levels of untested support in the first hours.

For the next day, a move to $ 0.3930 would result in a $ 0.40 collection later in the day.

Except for a large cryptographic rebound, the Ripple XRP will probably reach the first high level of resistance of $ 0.4223.

In the case of a rebound, the high $ 0.42265 on Friday and the first high level of resistance would probably place the rise to $ 0.42 a day.

If you can not return to levels of $ 0.3930, you could see that the Ripple's XRP was more in the red. A downfall of $ 0.37854 down the morning would bring the first significant level of support to $ 0.3619.

Except for another massive crypt, the Ripple XRP will probably stay away from support levels of $ 0.35 per day.

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Thanks, Bob


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