EOS
EOS surged by 10.22% on Monday. Reversing a 5.20% slide from Sunday, EOS ended the day at $3.3807.
A mixed start to the day saw EOS fall to an early morning intraday low $2.9865 before making a move.
Steering clear of the first major support level at $2.8649 EOS rallied to a late intraday high $3.4068.
EOS broke through the first major resistance level at $3.2883 to test resistance at $3.40 before easing back.
At the time of writing, EOS was up by 1.54% to $3.4326. A mixed start to the day saw EOS rise to an early morning high $3.4705 before falling to a low $3.3322.
EOS left the major support and resistance levels untested early on.
For the day ahead
EOS would need to avoid a fall through the $3.2580 pivot level to support a run at the first major resistance level at $3.5295.
Support from the broader market would be needed, however, for EOS to break out from the morning high $3.4708.
Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another breakout, EOS could test resistance at $3.7 before any pullback. The second major resistance level sits at $3.6783.
Failure to avoid a fall through the pivot level at $3.2580 would bring the first major support level at $3.1092 into play.
Barring another extended sell-off, however, EOS should steer of sub-$3.00 levels. The second major support level sits at $2.8377.
Looking at the Technical Indicators
First Major Support Level: $3.1092
First Major resistance Level: $3.5295
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 surged by 26.61% on Monday. Reversing a 4.36% slide from Sunday, Stellar’s Lumen ended the day at $0.13232.
It was a mixed start to the day. Stellar’s Lumen fell to an early morning intraday low $0.10150 before making a move.
Steering clear of the first major support level at $0.09532, Stellar’s Lumen rallied to a late intraday high $0.1350.
Stellar’s Lumen broke through the first major resistance level at $0.1143 and the second major resistance level at $0.12414. The 38.2% FIB of $0.1333 capped the upside on the day.
At the time of writing, Stellar’s Lumen was up by 13.36% to $0.1500. A Mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.13073 before striking a high $0.15662.
Stellar’s Lumen broke through the 38.2% FIB of $0.1333 and the first major resistance level at $0.14438 early on. The second major resistance level at $0.15644 pinned Stellar’s Lumen back.
For the day ahead
Stellar’s Lumen would need to avoid a fall through the first major resistance level at $0.14438 to support another run at the second major resistance level.
Support from the broader market would be needed, however, for Stellar’s Lumen to break out from the morning high $0.15662.
Barring another extended crypto rally, the second major resistance level and resistance at $0.16 would likely cap any upside.
In the event of another extended breakout, Stellar’s Lumen could test resistance at $0.18 before any pullback. The second major resistance level sits at $0.18994.
Failure to avoid a fall through the first major resistance level at $0.14438 would bring the 38.2% FIB and the pivot level at $0.12294 into play.
Barring an extended crypto sell-off, however, Stellar’s Lumen should steer well clear of sub-$0.12 levels. The first major support level sits at $0.11088.
Looking at the Technical Indicators
First Major Support Level: $0.11088
First Major Resistance Level: $0.14438
23.6% FIB Retracement Level: $0.09280
38% FIB Retracement Level: $0.1333
62% FIB Retracement Level: $0.1989
Tron’s TRX
Tron’s TRX jumped by 10.58% on Monday. Reversing a 5.78% slide from Sunday, Tron’s TRX ended the day at $0.031803.
Tracking the broader market, Tron’s TRX fell to an early morning intraday high low $0.02824 before making a move.
Steering clear of the first major support level at $0.02692, Tron’s TRX rallied to a late afternoon intraday high $0.032015.
Tron’s TRX broke through the 23.6% FIB of $0.0291 and the first major resistance level at $0.03079. Coming up against resistance at $0.032, however, Tron’s TRX eased back to $0.030 levels.
Finding support late in the day, Tron’s TRX broke back through the first major resistance level to wrap up the day at $0.031 levels.
At the time of writing, Tron’s TRX was up by 3.26% to $0.03284. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.03135 before striking a high $0.03304.
Tron’s TRX came within range of the first major resistance level at $0.03313 early on.
For the Day Ahead
Tron’s TRX would need to avoid a fall through the $0.03069 pivot level to support another run at the first major resistance level at $0.03313.
Support from the broader market would be needed, however, for Tron’s TRX to break out from the morning high $0.03304.
Barring an extended crypto rally, the first major resistance level would likely cap any upside.
In the event of another breakout, the second major resistance level at $0.03446 would likely come into play.
Failure to avoid a fall through the $0.03069 pivot level would bring the first major support level at $0.02936 and 23.6% FIB into play.
Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.029 levels. The second major support level sits at $0.02691.
Looking at the Technical Indicators
First Major Support Level: $0.02936
First Major Resistance Level: $0.03313
23.6% FIB Retracement Level: $0.0291
38.2% FIB Retracement Level: $0.0428
62% FIB Retracement Level: $0.0648
Please let us know what you think in the comments below
Thanks, Bob