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Bitcoin Cash – ABC
Bitcoin Cash ABC rose by 1.42% on Sunday. Reversing a 1.08% fall from Saturday, Bitcoin Cash ABC ended the week down 0.78% at $213.05.
A mixed start to the day saw Bitcoin Cash ABC fall to an early morning intraday low $208.69 before making a move.
The reversal saw Bitcoin Cash ABC fell through the first major support level at $209.36.
Finding support through the morning, Bitcoin Cash ABC rallied to a late afternoon intraday high $215.21.
Bitcoin Cash ABC came up against the first major resistance level at $215 before easing back to $213 levels.
Through the latter part of the day, Bitcoin Cash ABC managed to break back through to $214 levels before a final hour pullback to $213 levels. In spite of the late pullback, it was a positive end to the week.
At the time of writing, Bitcoin Cash ABC was up by 0.45% to $214.0. A relatively bullish start to the day saw Bitcoin Cash ABC reverse Sunday’s final hour pullback.
Bitcoin Cash ABC left the major support and resistance levels untested early on.
For the day ahead, a move through to $215 levels by late morning would bring the first major resistance level at $215.94 into play.
Support from the broader market would be needed, however, for a breakout from Sunday’s high $215.21.
Barring an extended rally through the day, the first major resistance level at $215.94 would likely cap any upside.
Failure to move back through to $215 levels could see Bitcoin Cash ABC hit reverse.
A fall through to $212.30 levels would bring the first major support level at $209.42 into play before any recovery.
Barring a broad-based crypto sell-off, Bitcoin Cash ABC should steer clear of sub-$209 levels on the day.
Litecoin
Litecoin rose by 0.86% on Sunday. Reversing a 0.35% decline from Saturday, Litecoin ended the week down 4.00% at $45.6.
A bearish start to the day saw Litecoin fall to an early morning intraday low $44.92 before finding support.
Steering clear of the first major resistance level at $44.65, Litecoin rallied to a late afternoon intraday high $46.32.
Litecoin broke through the first major resistance level at $46.16 before sliding back to $45.5 levels.
While resistance at $46 kicked in once more, Litecoin found late support to wrap up the day in the green.
At the time of writing, Litecoin was down by 0.09% to $45.56. A mixed first hour saw Litecoin rise to an early morning high $45.78 before falling to a low $45.55.
Litecoin left the major support and resistance levels untested early on.
For the day ahead, Litecoin would need to move back through to $45.60 levels to support a run at the first major resistance level at $46.31.