Altcoins Weekly Analysis – Binance Coin, Litecoin and Tron’s TRX – 11/04/21

Silver and golden coins with bitcoin, ripple and ethereum symbol

Binance Coin

Binance Coin surged by 46.37% in the week ending 10th April. Following on from a 19.62% rally from the previous week, Binance Coin ended the week at $471.37.

A mixed start to the week saw Binance Coin fall to a Sunday intraweek low $315.91 before making a move.

Steering clear of the 23.6% FIB of $283 and the first major support level at $265, Binance Coin rallied to a Saturday intraweek high and a new swing hi $508.83.

Binance Coin broke through the first major resistance level at $372 and the second resistance level at $422.

Falling short of the third major resistance level at $530, Binance Coin eased back to end the week at sub-$480.

6 days in the green that included an 11.65% rally on Thursday delivered the upside for the week.

For the week ahead

Binance Coin would need to avoid a fall through the $432 pivot to bring the first major resistance level at $548 into play.

Support from the broader market would be needed, however, for Binance Coin to break out from last week’s swing hi $508.83.

Barring an extended rally, the first major resistance level would likely cap any upside.

In the event of a breakout, Binance Coin could test resistance at $600 before any pullback. The second major resistance level sits at $625.

Failure to avoid a fall through the $432 pivot would bring the 23.6% FIB of $390 and the first major support level at $355.

Barring an extended sell-off, Binance Coin should steer well clear of sub-$300 levels and the second major support level at $239. The 38.25 FIB of $317 should limit the downside.

At the time of writing, Binance Coin was down by 0.98% to $466.74. A mixed start to the week saw Binance Coin rise to an early Sunday morning high $478.70 before falling to a low $451.86.

Binance Coin left the major support and resistance levels untested early on.

BNBUSD 110421 Daily Chart

Litecoin

Litecoin jumped by 31.08 in the week ending 10th April. Following on from a 6.10% gain from the previous week, Litecoin ended the week at $255.94.

A mixed start to the week saw Litecoin fall to a Sunday intraweek low $191.90 before making a move.

While steering clear of the first major support level at $179, Litecoin fell through the 23.6% FIB of $195.

Finding support on Sunday, Litecoin rallied to a Tuesday high $244.54.

Litecoin broke through the first major resistance level at $213 and the second major resistance level at $232.

Coming within range of February’s swing hi $247, Litecoin fell back to $211 levels before finding late support.

A 15.75% rally on Saturday drove Litecoin to an intraweek high and a new swing hi $256.63 before easing back.

Litecoin broke back through the first major resistance level at $213 and the second major resistance level at $232 to end the week at $255 levels.

5 days in the green that included a 9.48% rally on Monday and a 15.75% surge on Saturday delivered the upside for the week. A 7.49% slide on Wednesday pared some of the gains from early in the week, however.

For the week ahead

Litecoin would need to avoid a fall through the $235 pivot to bring the first major resistance level at $278 into play.

Support from the broader market would be needed, however, for Litecoin to break out from this morning’s new swing hi $258.00.

Barring an extended crypto rally, the first major resistance level and resistance at $285 would likely limit any upside.

In the event of an extended breakout, Litecoin could test the second major resistance level at $300.

Failure to avoid a fall through the $235 pivot would bring and the first major support level at $213 and the 23.6% FIB of $202 into play.

Barring an extended crypto sell-off, however, Litecoin should steer clear of sub-$200 levels. The second major support level sits at $170.

At the time of writing, Litecoin was down by 0.83% to $253.81. A mixed start to the week saw Litecoin rise to an early Sunday morning new swing hi $258.00 before falling to a low $249.63.

Litecoin left the major support and resistance levels untested early on.

LTCUSD 110421 Daily Chart

Tron’s TRX

Tron’s TRX rallied by 25.45% in the week ending 10th April. Following on from a 59.67% surge from the previous week, Tron’s TRX ended the week at $0.1267.

A bullish start to the week saw Tron’s TRX jump to a Monday intraweek high and a new swing hi $0.1495.

Tron’s TRX broke through the first major resistance level at $0.1224 and the second major resistance level at $0.1431.

Bearish mid-week, however, Tron’s TRX slid back through the resistance levels to $0.1020 levels.

While steering clear of the first major support level at $0.07089, Tron’s TRX fell through the 23.6% FIB of $0.1159.

Finding support going into the weekend, Tron’s TRX revisited $0.13 levels before easing back.

While falling short of the major resistance levels, Tron’s TRX broke back through the 23.6% FIB of $0.1159 to end the week at $0.126 levels.

4 days in the green that included a 25.51% breakout on Sunday and an 11.21% rally on Thursday delivered the upside for the week. Heavy losses on Tuesday (-9.09%) and Wednesday (-10.80%) limited the upside for the week, however.

For the week ahead

Tron’s TRX would need to move back through the $0.1263 pivot to support a run at the first major resistance level at $0.1500.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.14 levels.

Barring a broad-based crypto rally, the first major resistance level and last week’s new swing hi $0.1495 would likely cap any upside.

In the event of another extended rally, Tron’s TRX could test resistance at $0.17. The second major resistance level sits at $0.1733.

Failure to move back through the $0.1263 pivot would bring the 23.6% FIB of $0.1159 and the first major support level at $0.1030 into play.

Barring an extended crypto sell-off, however, Tron’s TRX should steer clear of the 38.2% FIB of $0.0951. The second major support level sits at $0.0793.

At the time of writing, Tron’s TRX was down by 3.22% to $0.1226. A mixed start to the week saw Tron’s TRX rise to an early Sunday morning high $0.1286 before falling to a low $0.1192.

Tron’s TRX left the major support and resistance levels untested at the start of the week.

TRXUSD 110421 Daily Chart

Binance Coin Mid-Week Analysis – Resistance Levels in Play – 07/04/21

Binance

Binance Coin Price Resistance

It’s been another bullish 1st half of the week for Binance Coin.

A mixed start to the week, however, saw Binance Coin slip to a Sunday current week low $315.91 before making a move.

Steering clear of the 23.6% FIB of $283 and the first major support level at $265, Binance Coin rallied to a Tuesday current week high and a new swing hi $422.08.

Binance Coin broke through the first major resistance level at $372 to test the second major resistance level at $422 before easing back.

In spite of easing back, Binance Coin avoided a fall back through the first major resistance level at $372.

For the current week, Sunday through Tuesday, Binance Coin was up by 25.29% to $403.49.

3 days in the green that included an 8.41% rally on Sunday and a 9.63% rally on Tuesday delivered the early upside.

The near-term bullish trend remained intact supported by the current week gain. For the bears, a sustained fall through the 62% FIB of $165 would form a near-term bearish trend.

It has been a particularly bullish start to the year, with Binance Coin up by 977.12%.

At the time of writing, Binance Coin was down by 1.92% to $395.73. A mixed start to the day on Wednesday saw Binance Coin rise to an early morning high $406.90 before falling to a low $390.98.

Binance Coin avoided a fall back through the first major resistance level at $372.

BNBUSD 070421 Daily Chart

For the remainder of the week

Binance Coin would need to avoid a fall back through the first major resistance level at $372 to support another run at the second major resistance level at $422.

Barring an extended rally going into the weekend, the second major resistance level at $422 would likely cap any upside.

In the event of an extended breakout, however, Binance Coin could test resistance at $460 before any pullback. The third major resistance level sits at $530.

Failure to avoid a fall back through the first major resistance level at $372 would bring the 23.6% FIB of $324 into play.

Barring an extended sell-off going into the weekend, however, Binance Coin should steer of the pivot level at $315. The first major support level sits at $265.

Looking at the Technical Indicators

Major Support Level: $265

Major Resistance Level: $372

23.6% FIB Retracement Level: $324

38.2% FIB Retracement Level: $263

62% FIB Retracement Level: $165

Altcoins Weekly Analysis – Binance Coin, Litecoin and Tron’s TRX – 04/04/21

Pattern of coins LTC, ETH, BTC, XMR, XRP on a dark background. Business concept.

Binance Coin

Binance Coin rallied by 19.62% in the week ending 3rd April. Following on from a 1.97% gain from the previous week, Binance Coin ended the week at $322.06.

A mixed start to the week saw Binance Coin fall to a Monday intraweek low $256.90 before making a move.

Steering clear of the first major support level at $234 and the 38.2% FIB of $230, Binance Coin rallied to a Friday intraweek high $364.41.

Binance Coin broke through the first major resistance level at $294 and the second resistance level at $319.

More significantly, Binance Coin broke through the 23.6% FIB of $283 to come within range of 19th February’s swing hi $368.29 before a pullback on Saturday.

The pullback saw Binance Coin briefly fall back through the second major resistance level before wrapping up the day at $322 levels.

4 days in the green that included a 13.22% rally on Tuesday and a 10.58% gain on Thursday delivered the upside for the week.

For the week ahead

Binance Coin would need to avoid a fall through the $315 pivot to bring the first major resistance level at $372 into play.

Support from the broader market would be needed, however, for Binance Coin to break out from February’s swing hi $368.29.

Barring an extended rally, the first major resistance level and resistance at $400 would likely cap any upside.

In the event of a breakout, Binance Coin could test resistance at $450 before any pullback. The second major resistance level sits at $422.

Failure to avoid a fall through the $315 pivot would bring the 23.6% FIB of $283 and the first major support level at $265.

Barring an extended sell-off, Binance Coin should steer well clear of sub-$280 levels. The second major support level sits at $207.

At the time of writing, Binance Coin was up by 1.14% to $325.73. A mixed start to the week saw Binance Coin fall to an early Sunday low $316.21 before rising to a high $326.80.

Binance Coin left the major support and resistance levels untested early on.

BNBUSD 040421 Daily Chart

Litecoin

Litecoin rose by 6.10% in the week ending 3rd April. Reversing an 8% slide from the previous week, Litecoin ended the week at $195.34.

A mixed start to the week saw Litecoin fall to a Sunday intraweek low $180 before making a move.

Steering clear of the first major support level at $167, Litecoin rallied to a Saturday intraweek high $214.71.

Litecoin broke through the 23.6% FIB of $195 and the first major resistance level at $202.

Falling short of the second major resistance level at $219, however, Litecoin eased back to end the week at $200 levels.

Falling back through the first major resistance level, the 23.6% FIB of $195 delivered support on Saturday.

6 days in the green that included a 5.10% rally on Monday and a 4.36% gain on Friday delivered the upside for the week. A 7.64% slide on Saturday pared some of the gains, however.

For the week ahead

Litecoin would need to move back through the $197 pivot to bring the first major resistance level at $213 into play.

Support from the broader market would be needed, however, for Litecoin to break out from $210 levels.

Barring an extended crypto rally, the first major resistance level and resistance at $220 would likely limit any upside.

In the event of an extended breakout, Litecoin could test resistance at $240 before any pullback. The second major resistance level sits at $231.

Failure to move back through the $197 pivot would bring and the 23.6% FIB of $195 and the first major support level at $179 into play.

Barring an extended crypto sell-off, however, Litecoin should steer clear of sub-$175 levels. The second major support level sits at $162.

At the time of writing, Litecoin was up by 0.70% to $196.71. A choppy start to the week saw Litecoin slide to an early Sunday low $191.90 before rising to a high $197.62.

While leaving the major support and resistance levels untested, Litecoin briefly fell through the 23.6% FIB of $195.

LTCUSD 040421 Daily Chart

Tron’s TRX

Tron’s TRX surged by 59.67% in the week ending 3rd April. Following on from a 3.48% gain from the previous week, Tron’s TRX ended the week at $0.1016.

A mixed start to the week saw Tron’s TRX fall to a Monday intraweek low $0.06093 before making a move.

Steering clear of the first major support level at $0.05307, Tron’s TRX surged to a Saturday intraweek high and new swing hi $0.1124.

Tron’s TRX broke through the week’s major resistance levels to form a near-term bullish trend.

6 days in the green that included a 41.12% breakout on Wednesday and a 9.65% rally on Saturday delivered the upside for the week.

For the week ahead

Tron’s TRX would need to avoid a fall through the $0.09164 pivot to support a run at the first major resistance level at $0.1224.

Support from the broader market would be needed, however, for Tron’s TRX to break out from last week’s high $0.1124.

Barring a broad-based crypto rally, the first major resistance level would likely cap any upside.

In the event of another extended rally, Tron’s TRX could test resistance at $0.15. The second major resistance level sits at $0.1431.

Failure to avoid a fall through the $0.09164 pivot would bring the 23.6% FIB of $0.08750 into play.

Barring an extended crypto sell-off, however, Tron’s TRX should steer clear of the 38.2% FIB of $0.07220 and the first major support level at $0.07089. The second major support level sits at $0.04017.

At the time of writing, Tron’s TRX was up by 4.29% to $0.1059. A mixed start to the week saw Tron’s TRX fall to an early Sunday low $0.09947 before rising to a high $0.1065.

Tron’s TRX left the major support and resistance levels untested at the start of the week.

TRXUSD 040421 Daily Chart

Binance Coin Mid-Week Analysis – Resistance Levels in Play – 31/03/21

Binance

Binance Coin Price Resistance

It’s been a bullish 1st half of the week for Binance Coin.

A mixed start to the week, however, saw Binance Coin fall to a Monday current week low $256.90 before making a move.

Steering clear of the first major support level at $234 and the 38.2% FIB of $230, Binance Coin rallied to a Tuesday intraweek high $314.76.

Binance Coin broke through the 23.6% FIB of $283 and the firsts major resistance level at $294.

Falling short of the second major resistance level at $319, Binance Coin slipped back to sub-$300 before ending Tuesday at sub-$311 levels.

In spite of the pullback, Binance Coin avoided a fall back through the first major resistance level.

For the current week, Sunday through Tuesday, Binance Coin was up by 15.64% to $311.34.

2 days in the green that included an 13.22% rally on Tuesday delivered the early upside.

The near-term bullish trend remained intact supported by the current week gain. For the bears, a sustained fall through the 62% FIB of $145 would form a near-term bearish trend.

It has been a particularly bullish start to the year, with Binance Coin up by 731%.

At the time of writing, Binance Coin was down by 0.33% to $310.32. A mixed start to the day on Wednesday saw Binance Coin fall to an early morning low $307.63 before rising to a current week high $317.13.

Binance Coin left the major support and resistance levels untested early on.

BNBUSD 310321 Daily Chart

For the remainder of the week

Binance Coin would need to avoid a fall back through the first major resistance level at $294 to support a run at the second major resistance level at $319.

Support from the broader market would be needed, however, for a Binance Coin break out from the current week high $317.13.

Barring an extended rally going into the weekend, resistance at $320 would likely cap any upside.

In the event of an extended breakout, however, Binance Coin could test resistance at $340 before any pullback. The third major resistance level sits at $378.

Failure to avoid a fall back through the first major resistance level at $294 would bring the 23.6% FIB of $283 into play.

Barring an extended sell-off going into the weekend, however, Binance Coin should steer of sub-$280 levels. The first major support level sits at $234.

Looking at the Technical Indicators

Major Support Level: $234

Major Resistance Level: $294

23.6% FIB Retracement Level: $283

38.2% FIB Retracement Level: $230

62% FIB Retracement Level: $145

Altcoins Weekly Analysis – Binance Coin, Litecoin and Tron’s TRX – 28/03/21

Apple iPhone and Binance logo, with dollars and cryptocurrency.

Binance Coin

Binance Coin rose by 1.97% in the week ending 27th March. Partially reversing a 4.23% fall from the previous week, Binance Coin ended the week at $269.33.

A bullish start to the week saw Binance Coin rose to a Monday intraweek high $283.50 before hitting reverse.

While falling short of the first major resistance level at $288, Binance Coin came up against the 23.6% FIB of $283.

The reversal saw Binance Coin slide to a Thursday intraweek low $223.80.

Falling back through the 23.6% FIB, Binance Coin also fell through the first major support level at $239 and the 38.2% FIB of $230.

Finding support late in the week, however, Binance Coin bounced back to $277 levels before easing back.

While falling short of the 23.6% FIB, Binance Coin broke back through the 38.2% FIB and the first major support level.

4 days in the green that included a 9.07% rally on Friday and a 5.49% gain on Saturday delivered the upside for the week.

For the week ahead

Binance Coin would need to avoid a fall through the $259 pivot to bring the 23.6% FIB of $283 and the first major resistance level at $294 into play.

Support from the broader market would be needed, however, for Binance Coin to break out from last week’s high $283.50

Barring an extended rally, the first major resistance level and resistance at $300 would likely cap any upside.

In the event of a breakout, Binance Coin could test resistance at $350 before any pullback. The second major resistance level sits at $319.

Failure to avoid a fall through the $259 pivot would bring the first major support level at $234 and the 38.2% FIB of $230 into play.

Barring an extended sell-off, Binance Coin should steer well clear of the second major support level at $199.

At the time of writing, Binance Coin was down by 0.10% to $269.05. A mixed start to the week saw Binance Coin rise to an early Sunday morning high $271.24 before falling to a low $266.10.

Binance Coin left the major support and resistance levels untested early on.

BNBUSD 280321 Daily Chart

Litecoin

Litecoin fell by 8% in the week ending 27th March. Following an 11.47% slide from the previous week, Litecoin ended the week at $184.14.

A mixed start to the week saw Litecoin rise to a Sunday intraweek high $201.95 before hitting reverse.

Falling well short of the first major resistance level at $222, Litecoin slid to a Thursday intraweek low $167.78.

Litecoin fell through and the first major support level at $185 and the second major support level at $170.

More significantly, Litecoin also fell through the 23.6% FIB of $195.

Finding support late in the week, Litecoin broke back through the support levels to visit $186 levels before easing back.

Litecoin fell back through the first major support level at $185 to end the week at $184 levels.

4 days in the red that included a 5.03% fall on Monday and a 5.33% slide on Wednesday delivered the loss for the week.

For the week ahead

Litecoin would need to move through the $185 pivot to bring the first major resistance level at $202 into play.

Support from the broader market would be needed, however, for Litecoin to break out from the 23.6% FIB of $195.

Barring an extended crypto rally, the first major resistance level and last week’s high $201.95 would likely limit any upside.

In the event of an extended breakout, Litecoin could test resistance at $230 before any pullback. The second major resistance level sits at $219.

Failure to move through the $185 pivot would bring and the first major support level at $167 into play.

Barring an extended crypto sell-off, however, Litecoin should steer clear of the second major support level at $151.

The 38.2% FIB of $163 should limit the downside.

At the time of writing, Litecoin was down by 0.40% to $183.41. A mixed start to the week saw Litecoin rise to an early Sunday morning high $184.73 before falling to a low $182.52.

Litecoin left the major support and resistance levels untested at the start of the week.

LTCUSD 280321 Daily Chart

Tron’s TRX

Tron’s TRX rose by 3.49% in the week ending 27th March. Following on from a 14.71% rally from the week prior, Tron’s TRX ended the week at $0.06310.

A mixed start to the week saw Tron’s TRX rise to a Monday high $0.06723 before hitting reverse.

While falling short of the first major resistance level at $0.07121, Tron’s TRX broke through the 62% FIB of $0.06480.

The reversal saw Tron’s TRX slide back through the 62% FIB to a Thursday intraweek low $0.05137.

Steering clear of the first major support level at $0.04863, Tron’s TRX bounced back to strike a Saturday intraweek high $0.06972.

While continuing to fall short of the major resistance levels, Tron’s TRX broke back through the 62% FIB of $0.06480 before easing back.

2 days in the green that included a 17.35% breakout on Friday delivered the upside for the week.

For the week ahead

Tron’s TRX would need to avoid a fall through the $0.06140 pivot to support a run at the first major resistance level at $0.07142.

Support from the broader market would be needed, however, for Tron’s TRX to break out from the 62% FIB and last week’s high $0.06972.

Barring a broad-based crypto rally, the first major resistance level and resistance at $0.075 would likely cap any upside.

In the event of an extended rally, Tron’s TRX could test resistance at $0.080. The second major resistance level sits at $0.07975.

A break through and hold above the 62% FIB of $0.0648 would lead to a near-term bullish trend formation.

Failure to avoid a fall through the $0.06140 pivot would bring the first major support level at $0.05307 into play.

Barring an extended crypto sell-off, however, Tron’s TRX should steer clear of the second major support level at $0.04305.

At the time of writing, Tron’s TRX was up by 0.68% to $0.06353. A mixed start to the week saw Tron’s TRX rise to an early Sunday morning high $0.06382 before falling to a low $0.06227.

Tron’s TRX left the major support and resistance levels untested at the start of the week.

TRXUSD 280321 Daily Chart

Binance Coin Mid-Week Analysis – Support Levels in Play – 24/03/21

Binance

Binance Coin Price Support

It’s been another bearish 1st half of the week for Binance Coin.

A mixed start to the week, however, saw Binance Coin rise to a Monday current week high $283.50 before hitting reverse.

While falling short of the first major resistance level at $288, Binance Coin tested resistance at the 23.6% FIB of $283.

The reversal saw Binance Coin fall to a Tuesday current week low $246.14.

Steering clear of the first major support level at $239, Binance Coin moved back through to $255 levels to reduce the deficit for the current week.

For the current week, Sunday through Tuesday, Binance Coin was down by 3.25% to $255.55.

In spite of 2 days in the green, a 3.71% fall on Monday weighed early in the week.

The near-term bullish trend remained intact in spite of the current week pullback. For the bears, a sustained fall through the 62% FIB of $145 would form a near-term bearish trend.

It has been a particularly bullish start to the year, with Binance Coin up by 582%.

At the time of writing, Binance Coin was down by 1.59% to $251.49. A mixed start to the day on Wednesday saw Binance Coin rise to an early morning high $257.02 before falling to a low $249.66.

Binance Coin left the major support and resistance levels untested early on.

BNBUSD 240321 Daily Chart

For the remainder of the week

Binance Coin would need to move back through the pivot level at $262 to support a run at the 23.6% FIB of $283 and the first major resistance level at $288.

Support from the broader market would be needed, however, for a Binance Coin break out from the current week high $283.50.

Barring an extended rally going into the weekend, the first major resistance level and resistance at $290 would likely cap any upside.

In the event of an extended breakout, however, Binance Coin could test the second major resistance level at $311.

Failure to move back through the $262 pivot would bring the first major support level at $239 and the 38.2% FIB of $230 into play.

Barring an extended sell-off going into the weekend, however, Binance Coin should steer of sub-$230 levels. The second major support level sits at $213.

Looking at the Technical Indicators

Major Support Level: $239

Major Resistance Level: $288

23.6% FIB Retracement Level: $283

38.2% FIB Retracement Level: $230

62% FIB Retracement Level: $145

Altcoins Weekly Analysis – Binance Coin, Litecoin and Tron’s TRX – 21/03/21

crypto currency mining concept

Binance Coin

Binance Coin fell by 4.23% in the week ending 20th March. Partially reversing a 21.84% breakout from the previous week, Binance Coin ended the week at $264.47.

A bearish start to the week saw Binance Coin fall to a Monday intraweek low $236.11 before making a move.

Steering clear of 38.2% FIB of $230 and the first major support level at $224, Binance Coin rallied to a Thursday intraweek high $285.24.

While falling short of the first major resistance level at $324, Binance Coin came up against the 23.6% FIB of $283.

Going into the weekend, Binance Coin eased back to $252 levels before a partial recovery to end the week at $264 levels.

3 days in the red that included a 4.56% fall on Sunday delivered the downside for the week.

For the week ahead

Binance Coin would need to avoid a fall back through the $262 pivot to bring the 23.6% FIB of $283 and the first major resistance level at $288 into play.

Support from the broader market would be needed, however, for Binance Coin to break out from last week’s high $285.24.

Barring an extended rally, the first major resistance level and resistance at $300 would likely cap any upside.

Failure to avoid a fall through the $262 pivot would bring the first major support level at $239 and the 38.2% FIB of $230 into play.

Barring an extended sell-off, Binance Coin should steer well clear of the second major support level at $213.

At the time of writing, Binance Coin was up by 0.61% to $266.09. A mixed start to the week saw Binance Coin fall to an early Sunday low $261.09 before striking a high $268.39.

Binance Coin left the major support and resistance levels untested early on.

BNBUSD 210321 Daily Chart

Litecoin

Litecoin slid by 11.47% in the week ending 20th March. Partially reversing a 23.63% rally from the previous week, Litecoin ended the week at $200.16.

A mixed start to the week saw Litecoin rise to a Sunday intraweek high $227.94 before hitting reverse.

Falling well short of the first major resistance level at $244, Litecoin slid to a Tuesday intraweek low $191.18.

The pullback saw Litecoin fall through the 23.6% FIB of $195 and the firsts major support level at $194.

Steering clear of sub-$190, Litecoin revisited $208 levels before falling back into the red.

The 23.6% FIB and the first major support level at $194 limited the downside late in the week.

3 days in the red that included a 5.30% fall on Sunday and a 6.21% slide on Monday delivered the loss for the week.

For the week ahead

Litecoin would need to move through the $206 pivot to bring the first major resistance level at $222 into play.

Support from the broader market would be needed, however, for Litecoin to break back through to $220 levels.

Barring an extended crypto rally, the first major resistance level and resistance at $230 would likely limit any upside.

In the event of an extended breakout, Litecoin could test the second major resistance level at $243 and February’s swing hi $247.

Failure to move through the $206 pivot would bring the 23.6% FIB of $195 and the first major support level at $185 into play.

Barring an extended crypto sell-off, however, Litecoin should steer clear of the second major support level at $170.

At the time of writing, Litecoin was up by 0.57% to $201.30. A mixed start to the week saw Litecoin fall to an early Sunday low $198.56 before rising to a high $201.95.

Litecoin left the major support and resistance levels untested at the start of the week.

LTCUSD 210321 Daily Chart

Tron’s TRX

Tron’s TRX rallied by 14.71% in the week ending 20th March. Following on from a 5.58% gain from the week prior, Tron’s TRX ended the week at $0.06105.

A bearish start to the week saw Tron’s TRX fall to a Monday intraweek low $0.04637 before making a move.

Tron’s TRX fell through the first major support level at $0.04826 before rallying to a Saturday intraweek high $0.06895.

Tron’s TRX broke through the first major resistance level at $0.05721 and the second major resistance level at $0.06121.

More significantly, Tron’s TRX briefly broke through the 62% FIB of $0.06480 before easing back to end the week at $0.061 levels.

4 days in the green that included a 9.40% rally on Friday delivered the upside for the week.

For the week ahead

Tron’s TRX would need to avoid a fall through the $0.05879 pivot to support a run at the first major resistance level at $0.07121.

Support from the broader market would be needed, however, for Tron’s TRX to break out from the 62% FIB and last week’s high $0.06895.

Barring a broad-based crypto rally, the first major resistance level and resistance at $0.075 would likely cap any upside.

In the event of an extended rally, Tron’s TRX could test resistance at $0.080. The second major resistance level sits at $0.08137.

A break through and hold above the 62% FIB of $0.0648 would lead to a near-term bullish trend formation.

Failure to avoid a fall through the $0.05879 pivot would bring the first major support level at $0.04863 into play.

Barring an extended crypto sell-off, however, Tron’s TRX should steer well clear of the 38.2% FIB of $0.04280. The second major support level at $0.04863 should limit the downside.

At the time of writing, Tron’s TRX was up by 2.55% to $0.06260. A bullish start to the week saw Tron’s TRX rise from an early Sunday low $0.06013 to a high $0.06391.

Tron’s TRX left the major support and resistance levels untested at the start of the week.

TRXUSD 210321 Daily Chart

Binance Coin Mid-Week Analysis – Resistance Levels in Play – 17/03/21

Binance

Binance Coin Price Resistance

It’s been a bearish 1st half of the week for Binance Coin.

A mixed start to the week, however, saw Binance Coin rise to a Sunday current week high $279.37 before hitting reverse.

Falling short of the 23.6% FIB of $283 and the first major resistance level at $324, Binance Coin fell to a Monday current week low $236.11.

Steering clear of the 38.2% FIB of $230 and the first major support level at $224, Binance Coin revisited $260 levels before easing back.

For the current week, Sunday through Tuesday, Binance Coin was down by 6.00% to $259.59.

2-days in the red that included a 4.56% fall on Sunday weighed early in the week.

The near-term bullish trend remained intact in spite of the current week pullback. For the bears, a sustained fall through the 62% FIB of $145 would form a near-term bearish trend.

It has been a particularly bullish start to the year, with Binance Coin up by 593%.

At the time of writing, Binance Coin was down by 0.78% to $256.58. A mixed start to the day saw Binance Coin fall to an early Wednesday morning low $253.96 before rising to a high $261.24.

Binance Coin left the major support and resistance levels untested early on.

BNBUSD 170321 Daily Chart

For the remainder of the week

Binance Coin would need to move through the pivot level at $273 and the 23.6% FIB of $283 to support a run at the first major resistance level at $324.

Support from the broader market would be needed, however, for a Binance Coin break back through to $300 levels.

Barring an extended rally going into the weekend, the first major resistance level would likely cap any upside.

In the event of an extended breakout, however, Binance Coin could test resistance at February’s swing hi $368.29 before any pullback. The second major resistance level sits at $373.

Failure to move through the $273 pivot would bring the 38.2% FIB of $230 and the first major support level at $224 into play.

Barring an extended sell-off going into the weekend, however, Binance Coin should steer of sub-$200 levels. The second major support level sits at $173.

Looking at the Technical Indicators

Major Support Level: $224

Major Resistance Level: $324

23.6% FIB Retracement Level: $283

38.2% FIB Retracement Level: $230

62% FIB Retracement Level: $145

Binance Coin Mid-Week Analysis – Resistance Levels in Play – 10/03/21

Golden bitcoins on the black background closeup. Cryptocurrency virtual money

Binance Coin Price Resistance

It’s been a bullish 1st half of the week for Binance Coin, as the majors found strong support in the early part of the week.

A mixed start to the week, however, saw Binance Coin fall to a Sunday current week low $220.91 before making a move.

Steering clear of the first major support level at $191, Binance Coin rallied to a Tuesday current week high $300.44.

Binance Coin broke through the first major resistance level at $265 to test resistance at $300 before easing back.

More significantly, however, Binance Coin broke through the 38.2% FIB of $230 and the 23.6% FIB of $283.

For the current week, Sunday through Tuesday, Binance Coin was up by 29.58% to $293.63.

3-days in the green that included an 21.95% rally on Tuesday delivered the upside early in the week.

The near-term bullish trend remained intact, supported by this week’s rally. For the bears, a sustained fall through the 62% FIB of $145 would form a near-term bearish trend.

It has been a particularly bullish start to the year, with Binance Coin up by 684%.

At the time of writing, Binance Coin was down by 3.24% to $284.12. A mixed start to the day saw Binance Coin rise to an early Wednesday morning high $300.64 before falling to a low $278.65

While leaving the major support and resistance levels untested, Binance Coin briefly fell through the 23.6% FIB of $283.

BNBUSD 100321 Daily Chart

For the remainder of the week

Binance Coin would need to avoid a fall through 23.6% FIB of $283 to support another run at the second major resistance level at $304.

Support from the broader market would be needed, however, for a Binance Coin break out from this morning’s current week high $300.64.

Barring an extended rally going into the weekend, the second major resistance level would likely cap any upside.

In the event of an extended breakout, however, Binance Coin could test resistance at February’s swing hi $368.29 before any pullback. The third major resistance level sits at $378.

Failure to avoid a fall through the 23.6% FIB would bring the first major resistance level at $265 into play.

Barring an extended sell-off going into the weekend, however, Binance Coin should steer of the first major support level at $191.

The 38.2% FIB of $230 and pivot level at $230 should limit the downside.

Looking at the Technical Indicators

Major Support Level: $191

Major Resistance Level: $265

23.6% FIB Retracement Level: $283

38.2% FIB Retracement Level: $230

62% FIB Retracement Level: $145

Altcoins Weekly Analysis – Binance Coin, Litecoin and Tron’s TRX – 07/03/21

crypto currency mining concept

Binance Coin

Binance Coin rose by 0.39% in the week ending 6th March. Partially reversing an 11.21% slide from the previous week, Binance Coin ended the week at $226.46.

A mixed start to the week saw Binance Coin fall to a Sunday intraweek low $194.67 before making a move.

Steering clear of the first major support level at 168, Binance Coin rallied to a Monday intraweek high $268.85.

Binance Coin broke through the 38.2% FIB of $230 before a 2nd pullback.

Falling short of the 23.6% FIB of $283 and the first major resistance level at $300, Binance Coin fell back to $212 levels.

Late in the week the 38.2% FIB of $230 pinned Binance Coin back.

Just 3 days in the green that included a 21.07% breakout on Monday delivered the upside for the week.

For the week ahead

Binance Coin would need to move through the $230 pivot and the 38.2% FIB of $230 to bring the first major resistance level at $265 into play.

Support from the broader market would be needed, however, for Binance Coin to break back through to $260 levels.

Barring an extended rally, the first major resistance level and last week’s high $268.85 would likely cap any upside.

Failure to move through the $230 pivot would bring the first major support level at $191 into play.

Barring an extended sell-off, Binance Coin should steer well clear of the second major support level at $155.

At the time of writing, Binance Coin was up by 0.20% to $226.92. A mixed start to the week saw Binance Coin fall to an early Sunday low $225.74 before rising to a high $231.31.

Binance Coin left the major support and resistance levels untested early on. The 38.2% FIB of $230 pinned Binance Coin back early on, however.

BNBUSD 070321 Daily Chart

Litecoin

Litecoin rose by 6.33% in the week ending 7th March. Partially reversing a 24.24% slide from the previous week, Litecoin ended the week at $182.85.

A bearish start to the week saw Litecoin slide to a Sunday intraweek low $153.07 before making a move.

While steering clear of the first major support level at $143, Litecoin fell through the 38.2% FIB of $163.

Finding early support, Litecoin rallied to a Wednesday intraweek high $196.71.

While falling short of the first major resistance level at $218, Litecoin broke through the 23.6% FIB of $195 before a pullback to sub-$170.

Steering clear of the 38.2% FIB of $163, Litecoin found late support to wrap up the week at $182 levels.

4 days in the green that included a 6.21% rally on Monday delivered the upside for the week.

For the week ahead

Litecoin would need to avoid a fall through the $178 pivot to bring the 23.6% FIB of $195 and the first major resistance level at $202 into play.

Support from the broader market would be needed, however, for Litecoin to break back through to $200 levels.

Barring an extended crypto rally, the first major resistance level and resistance at $210 would likely limit any upside.

In the event of an extended breakout, Litecoin could test the second major resistance level at $221.

Failure to avoid a fall through the $178 pivot would bring the 38.2% FIB of $163 and the first major support level at $158 into play.

Barring an extended crypto sell-off, however, Litecoin should steer well clear of sub-$150 levels. The second major support level sits at $134.

At the time of writing, Litecoin was up by 0.45% to $183.67. A bullish start to the week saw Litecoin rise from an early Sunday low $182.88 to a high $185.93.

Litecoin left the major support and resistance levels untested at the start of the week.

LTCUSD 070321 Daily Chart

Tron’s TRX

Tron’s TRX rose by 8.09% in the week ending 7th March. Partially reversing a 19.15% slide from the week prior, Tron’s TRX ended the week at $0.05037.

Tracking the broader market, Tron’s TRX slid to a Sunday intraweek low $0.04173 before making a move.

While steering well clear of the first major support level at $0.04317, Tron’s TRX fell through the 38.2% FIB of $0.04280.

Finding support through the week, however, Tron’s TRX rallied to a Thursday intraweek high $0.05596.

While falling well short of the first major resistance level at $0.06027, Tron’s TRX broke back through the 38.2% FIB of $0.04280.

In spite of a bearish end to the week, Tron’s TRX avoided the 38.2% FIB to wrap up the week at $0.050 levels.

5 days in the green that included a 4.27% gain on Monday and 4.90% rally on Thursday delivered the upside for the week.

For the week ahead

Tron’s TRX would need avoid a fall through the $0.04935 pivot to support a run at the first major resistance level at $0.05698.

Support from the broader market would be needed, however, for Tron’s TRX to break out from last week’s high $0.05596.

Barring a broad-based crypto rally, the first major resistance level and resistance at $0.060 would likely cap any upside.

In the event of an extended rally, Tron’s TRX could test the second major resistance level at $0.06358 before any pullback. The 62% FIB of $0.0648 would likely cap any upside, however.

Failure to avoid a fall through the $0.04935 pivot would bring the 38.2% FIB of $0.04280 and the first major support level at $0.04275 into play.

Barring an extended crypto sell-off, however, Tron’s TRX should steer well clear of sub-$0.040 levels. The second major support level sits at $0.03512.

At the time of writing, Tron’s TRX was down by 0.31% to $0.05022. A mixed start to the week saw Tron’s TRX rise to an early Sunday high $0.05100 before falling to a low $0.04942.

Tron’s TRX left the major support and resistance levels untested at the start of the week.

TRXUSD 070321 Daily Chart