EOS
EOS rose by 1.66% on Sunday. Reversing a 1.57% fall from Saturday, EOS ended the week up by 0.80% to $2.5387.
It was a mixed start to the day. EOS fell to an early morning high $2.4810 before making a move.
Steering clear of the first major support level at $2.4041, EOS rallied to a mid-afternoon intraday high $2.5761.
Falling well short of the first major resistance level at $2.6137, EOS fell back to $2.50 levels before finding late support.
A bullish end to the day supported a move back through to $2.53 levels to deliver the upside for the day.
At the time of writing, EOS was up by 0.37% to $2.5481. A mixed start to the day saw EOS fall to an early morning low $2.5275 before rising to a high $2.5626.
EOS left the major support and resistance levels untested early on.
For the day ahead
EOS would need to avoid a fall through the $2.5319 pivot level to support a run at the first major resistance level at $2.5829.
Support from the broader market would be needed, however, for EOS to break out from Sunday’s high $2.5761.
Barring an extended crypto rally, the first major resistance level would likely cap any upside.
Failure to avoid a fall through the pivot level at $2.5319 would bring the first major support level at $2.4878 into play.
Barring an extended sell-off, however, EOS should steer of sub-$2.45 levels. The second major support level sits at $2.4368.
Looking at the Technical Indicators
First Major Support Level: $2.4878
First Major resistance Level: $2.5829
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 2.32% on Sunday. Partially reversing a 5.35% slide from Saturday, Stellar’s Lumen ended the week up by 3.55% to $0.08147.
A mixed start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.07879 before making a move.
Steering clear of the first major support level at $0.07615, Stellar’s Lumen rallied to a mid-afternoon intraday high $0.08292.
Falling well short of the first major resistance level at $0.08476, Stellar’s Lumen eased back to sub-$0.081 levels.
A bullish end to the day saw Stellar’s Lumen revisit $0.082 levels before ending the day at sub-$0.082.
At the time of writing, Stellar’s Lumen was up by 0.25% to $0.081673. A mixed start to the day saw Stellar’s Lumen
Stellar’s Lumen left the major support and resistance levels untested early on.
For the day ahead
Stellar’s Lumen would need to avoid a fall through the $0.08106 pivot to support a run at the first major resistance level at $0.08333.
Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Sunday’s high $0.08292.
Barring a broad-based crypto rally, the first major resistance level would likely cap any upside.
Failure to avoid a fall through the $0.08106 pivot level would bring the first major support level at $0.07920 into play.
Barring an extended crypto sell-off, however, Stellar’s Lumen should steer well clear of the second major support level at $0.07693.
Looking at the Technical Indicators
First Major Support Level: $0.07920
First Major Resistance Level: $0.08333
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 rose by 2.56% on Sunday. Partially reversing a 4.90% slide from Saturday, Tron’s TRX ended the week down by 1.29% to $0.02540.
It was a bearish start to the day. Tron’s TRX fell to an early morning intraday low $0.02459 before making a move.
Steering clear of the first major support level at $0.02372, Tron’s TRX struck a late afternoon intraday high $0.02588.
Falling short of the first major resistance level at $0.02652, however, Tron’s TRX fell back to wrap up the day at $0.0254 levels.
At the time of writing, Tron’s TRX was down by 0.21% to $0.02535. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.025151 before rising to a high $0.025610.
Tron’s TRX left the major support and resistance levels untested early on.
For the Day Ahead
Tron’s TRX would need to avoid a fall through the $0.02529 pivot level to support a run at the first major resistance level at $0.02599.
Support from the broader market would be needed, however, for Tron’s TRX to break back out from Sunday’s high $0.02588.
Barring an extended crypto rally, the first major resistance level would likely cap any upside.
Failure to avoid a fall through the $0.02529 pivot level would bring the first major support level at $0.02470 into play.
Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.024 levels. The second major support level at $0.02401 should limit any downside.
Looking at the Technical Indicators
First Major Support Level: $0.02470
First Major Resistance Level: $0.02599
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