FLASHBACK AUG 27, 2017
source: coinmarketcap.com
Last week ended with a Monero outperforming everyone! and gaining a spot back in the TOP10.
This week had an end of the month with a rally and ATH for BTC BUT ended with a correction that apparently is not done yet.
TODAY
GAINER$
- ETHEREUM CLASSIC [+16.09]
Get to be up over 30%, gaining a spot back in the TOP 10. The Classic had a beautiful week and will be looking to consolidate the gains, hoping a bear BTC doesn't get YET.
Support: 18.8, 17.4
Resistance: 21
- Litecoin [+24.22%]
LTC with a beautiful rally and an ALL TIME HIGH at $ 95 before retreating. Found clear support 75.25 and will try to surpass the 100 barrier, that'd be a huge resistance, nice fight that would be. Bulls lost that support and we could be headed to around $65 again.
LOSER$
- NEO [-25.14%]
Lost support this week, and the chinese one got out the TOP10. Found support around 28.1 but everything point bearish, we need a breakout in that downtrend above $33 to expect further gains.
- IOTA (MIOTA) [-19.53%]
The correction appeared to be done but it didn't, lower lows and MIOTA but a bullish cross on the 4hr chart may give some hope to recover a bit!
The support of 0.705 is working again and that long term MA (180) apparently are acting as a resistance around 0.75
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Thankyou! Great post , helpful for a newbie like me. Cheers!
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