Binance Coin
Binance Coin rallied by 21.84% in the week ending 13th March. Following a 0.39% gain from the previous week, Binance Coin ended the week at $276.08.
A mixed start to the week saw Binance Coin fall to a Sunday intraweek low $220.91 before making a move.
Steering clear of the first major support level at $191, Binance Coin rallied to a Thursday intraweek high $320.88.
Binance Coin broke through the first major resistance level at $265 and the second major resistance level at $304.
More significantly, Binance Coin also broke through the 38.2% FIB of $230 and the 23.6% FIB of $283.
A Friday sell-off, however, saw Binance Coin fall back to $245 levels before finding support.
Falling through the major resistance levels, Binance Coin also fell back through the 23.6% FIB of $283.
A bullish end to the week saw Binance Coin break back the first major resistance level at $265 to end the week at $276 levels.
5 days in the green that included a 21.95% breakout on Tuesday delivered the upside for the week.
For the week ahead
Binance Coin would need to avoid a fall back through the $273 pivot to bring the 23.6% FIB of $283 and the first major resistance level at $324 into play.
Support from the broader market would be needed, however, for Binance Coin to break out from last week’s high $320.88.
Barring an extended rally, the first major resistance level and last week’s high $320.88 would likely cap any upside.
Failure to avoid a fall back 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, Binance Coin should steer well clear of the second major support level at $173.
At the time of writing, Binance Coin was down by 0.44% to $274.86. A mixed start to the week saw Binance Coin rise to an early Sunday morning high $278.61 before falling to a low $271.21.
Binance Coin left the major support and resistance levels untested early on.
Litecoin
Litecoin rallied by 23.63% in the week ending 13th March. Following on from a 6.33% gain from the previous week, Litecoin ended the week at $226.09.
In spite of a bullish start to the week, Litecoin fell to a Monday intraweek low $180.00 before making a move.
Steering clear of the first major support level at $158, Litecoin rallied to a Saturday intraweek high $230.00.
Litecoin broke through the first major resistance level at $202 and the second major resistance level at $221.
More significantly, Litecoin also broke through the 23.6% FIB of $195 to end the week at $226 levels.
5 days in the green that included a 9.61% rally on Friday delivered the upside for the week.
For the week ahead
Litecoin would need to avoid a fall through the $212 pivot to bring the first major resistance level at $244 into play.
Support from the broader market would be needed, however, for Litecoin to break out from last week’s high $230.00.
Barring an extended crypto rally, the first major resistance level and resistance at February’s swing hi $247 would likely limit any upside.
In the event of an extended breakout, Litecoin could test the second major resistance level at $262.
Failure to avoid a fall through the $212 pivot would bring the 23.6% FIB of $195 and the first major support level at $194 into play.
Barring an extended crypto sell-off, however, Litecoin should steer well clear of the 38.2% FIB of $163 and the second major support level at $162.
At the time of writing, Litecoin was up by 0.74% to $227.76. A mixed start to the week saw Litecoin fall to an early Sunday low $225.10 before rising to a high $227.93.
Litecoin left the major support and resistance levels untested at the start of the week.
Tron’s TRX
Tron’s TRX rose by 5.58% in the week ending 13th March. Following an 8.09% gain from the week prior, Tron’s TRX ended the week at $0.05321.
A bullish start to the week saw Tron’s TRX rise to a Wednesday intraweek high $0.05626 before hitting reverse.
Falling short of the first major resistance level at $0.05698, Tron’s TRX slid to a Friday intraweek low $0.04731.
Steering clear of the 38.2% FIB of $0.0428 and the first major support level at $0.04275, Tron’s TRX found support to end the week at $0.053 levels.
5 days in the green that included a 2.87% gain on Monday delivered the upside for the week.
For the week ahead
Tron’s TRX would need to avoid a fall through the $0.05226 pivot to support a run at the first major resistance level at $0.05721.
Support from the broader market would be needed, however, for Tron’s TRX to break out from last week’s high $0.05626.
Barring a broad-based crypto rally, the first major resistance level would likely cap any upside.
In the event of an extended rally, Tron’s TRX could test the second major resistance level at $0.06121 before any pullback.
Failure to avoid a fall through the $0.05226 pivot would bring the first major support level at $0.04826 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 at $0.04331 and the 38.2% FIB of $0.0428 should limit the downside.
At the time of writing, Tron’s TRX was up by 0.45% to $0.05346. A mixed start to the week saw Tron’s TRX fall to an early morning low $0.05235 before rising to a high $0.05430.
Tron’s TRX left the major support and resistance levels untested at the start of the week.