EOS
EOS rallied by 5.50% on Monday. Partially reversing a 6.60% slide from Sunday, EOS ended the day at $4.5319.
A bearish start to the day saw EOS fall to an early morning intraday low $4.1588 before making a move.
Steering clear of the first major support level at $4.1273, EOS rallied to a late afternoon intraday high $4.5744.
EOS broke through the first major resistance level at $4.5695 before easing back.
At the time of writing, EOS was down by 0.89% to $4.4915. A mixed start to the day saw EOS rise to an early morning high $4.5689 before falling to a low $4.4554.
EOS left the major support and resistance levels untested early on.
For the day ahead
EOS would need to avoid the $4.4217 pivot to bring the first major resistance level at $4.6846 into play.
Support from the broader market would be needed for EOS to break out from Monday’s high $4.5744.
Barring an extended crypto rally, the first major resistance level and resistance at $4.70 would likely cap any upside.
In the event of an extended rally, EOS could test resistance at $5.00. The second major resistance level sits at $4.8373.
A fall through the $4.4217 pivot would bring the first major support level at $4.2690 into play.
Barring another extended sell-off, however, EOS should steer clear of sub-$4.00 levels. The second major support level at $4.0061 should limit the downside.
Looking at the Technical Indicators
First Major Support Level: $4.2690
First Major resistance Level: 4.6846
23.6% FIB Retracement Level: $6.52
38% FIB Retracement Level: $9.68
62% FIB Retracement Level: $14.77
Stellar’s Lumen
Stellar’s Lumen rose by 3.90% on Monday. Partially reversing a 6.63% slide from Sunday, Stellar’s Lumen ended the day at $0.2985.
A bearish start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.2800 before making a move.
Steering clear of the first major support level at $0.2775, Stellar’s Lumen rallied to a late afternoon intraday high $0.3059.
Coming up against the first major resistance level at $0.3053, however, Stellar’s Lumen eased back to end the day at sub-$0.30 levels.
At the time of writing, Stellar’s Lumen was down by 0.13% to $0.2981. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.3009 before falling to a low $0.2953.
Stellar’s Lumen left the major support and resistance levels untested early on.
For the day ahead
Stellar’s Lumen would need to avoid the $0.2948 pivot to bring the first major resistance level at $0.3096 into play.
Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Monday’s high $0.3059.
Barring an extended rally, the first major resistance level and resistance at $0.31 would likely cap any upside.
In the event of another broad-based crypto rally, Stellar’s Lumen could test resistance at $0.33 before any pullback. The second major resistance level sits at $0.3207.
A fall through the $0.2948 pivot would bring the first major support level at $0.2837 into play.
Barring another extended sell-off on the day, Stellar’s Lumen should steer clear of the second major support level at $0.2689.
Looking at the Technical Indicators
First Major Support Level: $0.2837
First Major Resistance Level: $0.3096
23.6% FIB Retracement Level: $0.3402
38% FIB Retracement Level: $0.4277
62% FIB Retracement Level: $0.5690
Tron’s TRX
Tron’s TRX rose by 3.03% on Monday. Partially reversing a 4.08% loss from Sunday, Tron’s TRX ended the day at $0.07407.
A bearish start to the day saw Tron’s TRX fall to an early morning intraday low $0.06939 before making a move.
Finding support at the first major support level at $0.06951, Tron’s TRX rallied to a late afternoon intraday high $0.07527.
Coming within range of the first major resistance level at $0.07536, however, Tron’s TRX eased back to end the day at $0.074 levels.
At the time of writing, Tron’s TRX was up by 0.04% to $0.07410. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.07499 before falling to a low $0.07322.
Tron’s TRX left the major support and resistance levels untested early on.
For the Day Ahead
Tron’s TRX would need to avoid the $0.07291 pivot to bring the first major resistance level at $0.07643 into play.
Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.076 levels.
Barring an extended crypto rally, the first major resistance level and resistance at $0.077 would likely cap any upside.
In the event of an extended rally, Tron’s TRX could test resistance at the 23.6% FIB of $0.07870 and the second major resistance level at $0.07879.
A fall through the $0.07291 pivot would bring the first major support level at $0.07055 into play.
Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.069 levels. The second major support level sits at $0.06703.
Looking at the Technical Indicators
First Major Support Level: $0.07055
First Major Resistance Level: $0.07643
23.6% FIB Retracement Level: $0.0787
38.2% FIB Retracement Level: $0.0989
62% FIB Retracement Level: $0.1316
Please let us know what you think in the comments below
Thanks, Bob