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Bitcoin Cash – ABC – Visits of $330
Bitcoin Cash ABC rose by 2.35% on Wednesday. Following on from a 2.88% gain on Tuesday, Bitcoin Cash ABC ended the day at $324.08.
A mixed start to the day saw Bitcoin Cash ABC rise to a mid-morning high $326.21 before sliding to a mid-day intraday low $317.63.
Bitcoin Cash ABC left the major support and resistance levels untested in spite of the choppy start to the day.
Finding support from the broader market, Bitcoin Cash ABC rallied to an early afternoon intraday high $332.
Bitcoin Cash ABC broke through the first major resistance level at $328.42 before sliding back to sub-$320 levels and into the red.
A final hour recovery delivered the upside on the day.
At the time of writing, Bitcoin Cash ABC was down by 2.02% to $317.54. A mixed start to the day saw Bitcoin Cash ABC rise to an early morning high $323.45 before falling to a low $317.54.
Bitcoin Cash ABC left the major support and resistance levels untested early on.
For the day ahead, Bitcoin Cash ABC would need to move through to $324.60 levels to support another bullish day.
A move through to $328 levels would bring the first major resistance level at $331.51 into play.
Barring a broad-based crypto rally, however, the first major resistance level and Wednesday’s high $332 would likely cap any upside.
Failure to move through to $324.60 levels would see Bitcoin Cash ABC struggle on the day.
A fall through the first major support level at $317.14 would likely bring the second major support level at $310.20 into play. Barring a crypto meltdown, however, Bitcoin Cash ABC should steer clear of sub-$310 levels.
Litecoin Hits $80
Litecoin rallied by 4.84% on Wednesday Following on from a 1.91% rise on Tuesday, Litecoin ended the day at $77.75.
A bullish start to the day saw Litecoin rise from an early morning intraday low $74.09 to a mid-morning high $76.78.
Coming up short of the first major resistance level at $77.13, Litecoin slipped back to $74 levels before making a move.
An afternoon rally saw Litecoin surge to a late afternoon intraday high $80.26. Litecoin broke through the first major resistance level at $77.13 to come up against the second major resistance level at $80.14.
Selling pressure late in the day left Litecoin back at $77 levels to limit the upside on the day.
At the time of writing, Litecoin was down by 2.7% to $75.65. A particularly bearish start to the day saw Litecoin slide from an early morning high $77.78 to a low $75.16.
In spite of the early sell-off, Litecoin left the major support and resistance levels untested.